Karnataka’s single window committee clears business projects worth ₹4,824 cr

The State-Level Single Window Clearance Committee (SLSWCC) has approved investments worth ₹4,824.31 crore in Karnataka on Saturday.

From 37 industries

These investments, cleared at the 158th meeting of SLSWCC, came from 37 industries and would cover 13 districts, including Vijayapura, Bagalkot, Chitradurga, Kolar, and Ramanagara.

“These approved projects, across sectors such as IT infrastructure, sugar manufacturing, technical textiles, compressed biogas, aerospace, jewellery production, electronics, software, and five-star hotel construction will create 14,525 new jobs in the State,” anticipated M.B. Patil, Minister for Large and Medium Industries and Infrastructure Development.

Major projects

Some of the major projects received approval include IT infrastructure development project by Bagmane Constructions Private Limited worth ₹494.65 crore, sugar factory investment of ₹443.50 crore by Karnataka Bangaru Sugars, Kleine Pax’s technical textile unit worth ₹376 crore, a ₹300 crore worth star project by Trishul Buildtech and Infrastructure and Tsuyo Manufacturing’s Electric vehicle motor and controller manufacturing unit worth ₹250 crore.

According to a media communique, 22 large and medium industrial projects totaling upto ₹3,908.68 crore are expected to generate employment for 12,475 people. Some 15 new projects with investments totaling ₹350.60 crore will create 1,750 jobs. While, two additional investment projects amounting to ₹565.03 crore is expected to create another 300 jobs in the State.

Principal Secretary Commerce and Industry Department N. Selvakumar, Industrial Development Commissioner Gunjan Krishna and Managing Director, Karnataka Udyog Mitra, Dodda Basavaraju participated in the meeting.