Karnataka Sanctions 64 Projects Worth Rs 3,587.67 Crore

Karnataka's SLSWCC, headed by Minister M B Patil, approved 64 projects worth Rs 3,587.67 crore. The projects are projected to create jobs for 13,896 people. Notable approvals include investments from International Battery Company India Pvt Ltd and River Mobility Pvt Ltd, with Rs 390 crore and Rs 306.9 crore, respectively.

The State-Level Single Window Clearance Committee (SLSWCC) in Karnataka, chaired by Minister M B Patil, has sanctioned 64 projects amounting to Rs 3,587.67 crore, according to an official release on Friday.

These new ventures are expected to generate employment for nearly 13,896 individuals across the state, the Minister's office announced. Among the significant approvals are the proposals from International Battery Company India Private Limited and River Mobility Private Limited, planning to invest Rs 390 crore and Rs 306.9 crore, respectively.

Minister Patil, overseeing Large and Medium Industries as well as Infrastructure Development, highlighted that the SLSWCC gave the green light to 13 major large and medium projects with capital investments exceeding Rs 50 crore, totalling Rs 2,046.39 crore and anticipated to create around 7,199 jobs. Additionally, 47 new projects with investments ranging from Rs 15 crore to Rs 50 crore were approved, contributing another Rs 1,058.55 crore and expected to generate approximately 6,547 jobs.

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