In a significant development, the Karnataka Government has given the green light to investment proposals worth a staggering Rs 7,660 crores. The State Level Single Window Clearance Committee (SLSWCC) made this decision by approving 91 industrial investment proposals.
Karnataka’s Large and Medium Industries Minister, MB Patil, who heads the SLSWCC committee, revealed that these proposals have the potential to create a substantial 18,416 employment opportunities within the state.
Of these proposals, 26 projects involving investments exceeding Rs 50 crores were given the nod, with a cumulative worth of Rs 5,750.73 crores. These projects alone could generate around 13,742 jobs.
Among the notable investors are Maruti Suzuki India, Aequs Consumer, South West Mining, Tata Semiconductor, and Krypton (India) Solutions Private Ltd, among others.
