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Home»Cities»Karnataka govt approves projects worth ₹17,835 crore | Bengaluru
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Karnataka govt approves projects worth ₹17,835 crore | Bengaluru

March 8, 202402 Mins Read
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Karnataka govt approves projects worth ₹17,835 crore | Bengaluru
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Karnataka government on Friday approved six new projects and eight additional investment proposals worth ₹17,835.9 crore, with a potential to generate 27,000 jobs across the state, officials said.

The new projects include Wistron Infocomm Manufacturing India’s proposal to invest ₹2,095 crore and provide employment to 21,723 in the state. (HT FILE PHOTO.)

ALSO READ | ‘Karnataka aims to become a USD 1 trillion economy by 2032’: Minister MB Patil

Hindustan Times – your fastest source for breaking news! Read now.

The State High-Level Clearance Committee (SHLCC), headed by Chief Minister Siddaramaiah, at its meeting here, gave the nod to new projects worth ₹8,220.05 crore, and additional investment ones worth ₹9,615.85 crore, they said.

ALSO READ | ₹93.32 crore sanctioned for various Railway projects in Karnataka: Minister MB Patil

The new projects include Wistron Infocomm Manufacturing India’s proposal to invest ₹2,095 crore and provide employment to 21,723 in the state, officials said.

According to an official statement, other major proposals that received the government’s green signal are: Air India Limited ( ₹1,750 crore investments), ICT Service Management Solutions (India) Private Limited ( ₹1,450 crore), STT Global Data Centres India Private Limited ( ₹1,352.3 crore) and Indian Cane Power Limited ( ₹1,078 crore).

ALSO READ | Karnataka attracts ₹23,000 crore investment proposals at Davos summit

“Vijayapura, Kalaburagi, Ballari, and Belagavi districts of North Karnataka will attract new and additional investment of ₹10,433.72 crore”, it said.

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