IANS | 29 Nov, 2023
The State Level Single Window Clearance Committee (SLSWCC) cleared 62
industrial investment proposals worth Rs 3,607.19 crore with an
employment generation potential of 10,755 within the state, the official
release stated on Wednesday.
The SLSWCC committee, headed by M.B. Patil, Minister for Large
and Medium Industries, and Infrastructure Development approved eight
projects involving more than Rs 50 crore investment, totaling Rs
2,088.44 crore. These hold the potential to create 6,360 jobs.
Some
of the top investors include Texcon Steels, Hundri Sugars and Ethanol
Private Ltd, Bren Life Sciences, Alpine Ethanol, Virupaksha Laboratories
and Qualcomm India among others.
Of the total 62 proposals, about
51 investment projects are between Rs 15 crore to Rs 50 crore totaling
Rs 941.40 crore, promising employment generation potential of 4,395
within Karnataka.
Three projects with an additional investment of Rs 577.35 crore were also approved by the committee.
