The Karnataka Government on Tuesday, November 28, approved 62 Industrial Investment proposals accounting for approximately 3607.19 INR Crores. These were cleared by the State Level Single Window Clearance Committee (SLSWCC) and are projected to generate 10,755 job opportunities in Karnataka.
Top investors like Texcon Steels, Bren Life Sciences, Alpine Ethanol, Hundri Sugars & Ethanol Private Ltd, Virupaksha Laboratories, and Qualcomm India got approvals for their proposals.
Also Read: Upcoming Residential Project – Rajapushpa Aurelia, Tellapur, Hyderabad
The state government cleared eight projects totalling an amount of 2088.44 INR Crores, with each project costing more than 50 INR Crores. These are anticipated to generate 6,360 job opportunities. Out of these, Qualcomm India got approval for setting up its R & D unit in Whitefield, Bangalore worth an estimated investment of 175 INR-Crores.
51 investment projects out of the total 62 accounted for 941.40 INR Crores. The individual investment costs of these projects range between 15-51 INR Crores. Additional three projects worth an investment of 577.35 INR Crores were also approved.
Biltrax Construction Data is tracking 27,000+ projects on their technology platform for their clients.
Get exclusive access to upcoming projects in India with actionable insights and gain a competitive advantage for your products in the Indian Construction Market.
Visit www.biltrax.com or email us at contact@biltrax.com to become a subscriber and generate leads.
Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.
0
