Karnataka clears 147 projects worth ₹6,826 cr, expects 18,600 jobs
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- ✓The Karnataka government approved 147 investment projects worth ₹6,825.93 crore, which are expected to generate 18,600 jobs.
- ✓Minister MB Patil said, "These projects are expected to create 18,600 jobs across the State." Many projects will go to districts outside Bengaluru, helping regional growth in sectors like food processing and electronics.
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The Karnataka government has approved 147 investment projects worth a total of ₹6,825.93 crore, which are expected to generate 18,600 jobs across the State.
The approvals were granted by the State Level Single Window Clearance Committee (SLSWCC). The projects are across, including food processing, textiles, data centres, semiconductors, electronics system design and manufacturing (ESDM), IT parks, printed circuit board assembly, aerospace, sugar and general engineering.
"These projects are expected to create 18,600 jobs across the State. Of the approved projects, 131 will be located in districts other than Bengaluru Urban and Bengaluru Rural, giving a further boost to regional industrial growth," said MB Patil, Minister for Large and Medium Industries and Infrastructure Development.
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