JOIN USThe Karnataka government today approved 43 projects with an investment of over Rs 35,785 crore creating an employment opportunity for 4,83,021 persons.
Briefing reporters after the 27th State High Level Committee Meeting chaired by Chief Minister D V Sadananda Gowda, Industries Minister Murugesh Nirani said the state government has cleared the proposal of JSW Steel Ltd to set up "Cold Rolled Annealed & Skin Passed Coils" in Sandur taluk, Bellary district with an investment of Rs 4190.40 crore.
"We have approved nine projects in the automobile sector with an investment of Rs 3,628 crore. These projects are proposed in Bangalore Rural, Kolar and Ramanagara districts", Nirani said.
The government has cleared a proposal for Tata Consultancy Services Ltd to establish "IT/ITES SEZ" in Siddapura and Tubarahalli villages, Bangalore Rural district at an investment of Rs 3,400 crore.
Setting up of Rs 2,500 crore "5 MTPA Cement Plant" in Sedam taluk, Gulbarga district by Reliance Cementation Ltd has been cleared, Nirani said.
The government has also cleared a similar proposal to set up a 3.5 MTPA Cement Plant in Chincholi taluk in Gulbarga District with an investment of Rs 2320 crore, he said.
Clearance has been given to Patel Engineering Limited to establish an "Integrated Township" project in Anekal taluk, Bangalore Urban district at an investment of Rs 2025 crore.
The proposal of Toyota Kirloskar Auto Parts Pvt Ltd to establish Castings and Machining of engine parts for automobiles adjacent to their existing factory in Bidadi industrial area in Ramanagara district with an investment of Rs 750 crore and employment to 150 people has been cleared, he said.
Nirani said after the Global Investors' Meet in 2010, the government had approved 903 projects with an investment of Rs 1.71 lakh crore, generating employment for 5.55 lakh persons.
As a result of constant follow up and review, 38 projects were implemented with an investment of Rs 5,370 crore. a total of 277 projects are in various stages of implementation with an investment of Rs 2.94 lakh crore, he said.