Press Esc to close
Wednesday 10 February 2016
News updated at 1:48 AM IST
Weather
Max: 32°C
Min : 18°C
In Bengaluru
Partially cloudy

Karnataka clears Rs.34 billion investment

Bangalore, March 19, 2013 (IANS)
File Photo

 Karnataka has cleared Rs.34 billion (Rs. 34,000 crore) investment proposals with potential to provide jobs to over 150,000 people, an official release said.

The approval for 37 projects, including four in Bangalore with over Rs. 4,000 crore investment for IT and related sectors, was given by the State High Level Clearance Committee late Monday, the industry ministry said Tuesday.

Steel and iron sector attracted the highest investment of over Rs.8,000 crore, followed by power (Rs.5,000 crore).

The projects are spread over 17 districts.

The statement noted that out of the over 750 investment agreements signed during the 2012 Global Investors Meet in Bangalore, 19 projects with an investment of nearly Rs.5,000 crore were under implementation.


Go to Top

Photo Gallery
Rescuers carrying out the operations to search for the bodies...

Rescuers carrying out the operations to search for the bodies...

Lance Naik Hanumanthappa Koppad's mother and wife at their home in Betadoor village in Hubli on Tues

Lance Naik Hanumanthappa Koppad's mother and wife at their home in Betadoor village in Hubli on Tues

Pakistani weightlifters celebrate after Md Nooh Dastgir won...

Pakistani weightlifters celebrate after Md Nooh Dastgir won...

Gold medalist Bidyaluxmi Tourangbam, silver medalist Lidiyamol Sunny...

Gold medalist Bidyaluxmi Tourangbam, silver medalist Lidiyamol Sunny...

Gold medal winning Indian team with other medallist teams...

Gold medal winning Indian team with other medallist teams...

India's Dipika Karthik and Mihilya Methsarani of Sri Lanka in...

India's Dipika Karthik and Mihilya Methsarani of Sri Lanka in...

Gold medal winner WKLA Nimali of Sri Lanka, silver medallist...

Gold medal winner WKLA Nimali of Sri Lanka, silver medallist...

Devotees gather to take holy dip at Har ki Pauri on the occasion of Somvati Amavasaya...

Devotees gather to take holy dip at Har ki Pauri on the occasion of Somvati Amavasaya...

A view after heavy snowfall in Kufri near Shimla...

A view after heavy snowfall in Kufri near Shimla...

Assam Chief Minister Tarun Gogoi dressed as Lord Ram during the Nagaon Bhaona Samaroh...

Assam Chief Minister Tarun Gogoi dressed as Lord Ram during the Nagaon Bhaona Samaroh...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523