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Karnataka: High-level committee clears projects worth Rs 34,115 Cr, with 13,000 new jobs


The State High-Level Clearance Committee (SHLCC), headed by Chief Minister Siddaramaiah, on Tuesday approved 14 projects worth Rs 34,115 crore, with the potential to create 13,308 jobs across the state.

Of the 14 proposals that received the SHLCC nod, 10 are new projects worth Rs 19,452.40 crore, while the four are additional investment projects worth Rs 14,662.59 crore.

Industries Minister MB Patil told media persons in Belagavi that JSW Energy (Rs 4960 crore), JSW Steel (Rs 3804 crore), Toyota Kirloskar Motor (Rs 3237 crore). TRIL Bengaluru Real Estate Six (Rs 3273 crore), and Janki Corp Limited (Rs 607 crore) have proposed investments, besides Foxconn’s besides additional investment of Rs 13,911 crore, the minister said.

Among the proposals that will generate employment and spur industrial growth in North Karnataka that received approval were JSW Renew Energy Four Limited, Janki Corp , JSW Steel, and Orient Cement. The four projects will result in a cumulative investment of Rs 9,461 crore, and create 3,538 jobs in North Karnataka, Patil said.


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