November 13, 2024

BENGALURU EXPRESS

Truth Triumphs

SINGLE WINDOW PANEL CLEARS MORE THAN Rs 2,750 Cr INVESTMENTS

Bangalore, Sept 3: The State Level Single Window Clearance Committee (SLSWCC) headed by the Large and medium industries minister Dr Murugesh R Nirani on Saturday evening cleared a total of 53 investment proposals worth Rs 2,750.55 crore promising 8,619 jobs.

In the 134th SLSWCC meeting held at Karnataka Udyog Mitra office, nine investment proposals above Rs 50 were approved and these proposals would invest around Rs 1,670.69 crore with 4,308 employment opportunities.

Giving out the details of the meeting, Minister Nirani said 41 investment proposals above Rs 15 crore have promised to invest over Rs 1,062 crore with 4,311 jobs. “Today’s clearance will further boost investments in the state in a run up to the Global Investors’ Meet scheduled on November 2,3&4,” he noted.

Additional chief secretary Dr EV Ramana Reddy, Commissioner for industries Gunjan Krishna, KIADB CEO M Girish, Karnataka Udyog Mitra MD Doddabasavaraju among other officials were present in the meeting.


The state being one among toppers in the Ease of Doing Business (EoDB) has further prompted the investors to look towards Karnataka for investments. The department will do every bit to cater to the investors need. ….. Dr Murugesh RNirani, Large and medium industries minister.

MAJOR PROPOSALS APPROVED:

Ukem Agri Infra Ltd: Rs 497.95 crore, 425 employment

Sundari Sugars Ltd: Rs 402.24 crore, 270 employment

Everest Industries: Rs 187 crore, 120 employment

Koppal Toys Moulding Co. Pvt Ltd: 131.94 crore, 800 employment

Aequs Consumer Products: Rs 118.27 crore, 485 employment

KRBL Ltd: Rs 110.25, 140 employment

Aequs Toys: Rs 72.58 crore, 550 employment

Hella Infra Market: Rs 71.66 crore, 1500 employment

Savitri Plyboard: Rs 49.86 crore, 515 employment

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