14,525 Jobs to be Created Across Karnataka
Bengaluru: The 158th State Level Single Window Approval Committee meeting has approved a total investment of ₹4,824.31 crore for 37 new industries and 2 additional investment projects across 13 districts, including Vijayapura, Bagalkot, Chitradurga, Kolar, and Ramanagara.
“The approved projects in sectors such as IT infrastructure, sugar manufacturing, technical textiles, compressed biogas, aerospace, jewellery production, electronics, software, and five-star hotel construction will generate 14,525 new employment opportunities in the state,” said Minister for Large and Medium Industries and Infrastructure Development, M. B. Patil on Friday.
Some of the major approved projects include:
• Bagmane Constructions Private Limited: IT infrastructure development worth ₹494.65 crore
• Karnataka Bangaru Sugars Pvt Ltd: Sugar factory investment of ₹443.50 crore
• Kleine Pax Ltd: Technical textile unit worth ₹376 crore
• Trishul Buildtech and Infrastructure Pvt Ltd: Five-star hotel project worth ₹300 crore
• Troult Grass Pvt Ltd: Compressed gas (CBG) unit worth ₹257.77 crore at Mudhol
• Tsuyo Manufacturing Pvt Ltd: Electric vehicle motor and controller manufacturing unit worth ₹250 crore
The breakdown of approvals is as follows:
• 22 major large and medium industrial projects (investment above ₹50 crore) totaling ₹3,908.68 crore, generating employment for 12,475 people.
• 15 new projects with investments ranging from ₹15 crore to ₹50 crore, totaling ₹350.60 crore, providing jobs for 1,750 people.
• 2 additional investment projects amounting to ₹565.03 crore, creating employment for 300 people.
Senior officials present at the meeting included Principal Secretary, Commerce and Industry Department, Dr. N. Selvakumar; Industrial Development Commissioner, Smt. Gunjan Krishna; Managing Director, Karnataka Udyog Mitra, Dodda Basavaraju; along with other senior government officials.
