Karnataka govt approves 87 projects worth Rs 4,236 crore
Real Estate

Karnataka govt approves 87 projects worth Rs 4,236 crore

Karnataka's Industries Minister Murugesh Nirani has announced that 87 industrial projects worth Rs 4,236.26 crore have been approved.

The State Level Single Window Clearance Committee (SLSWCC), which Nirani chairs, approved these projects late Thursday in its 128th meeting.

Nirani told the media that the new clearances would give Karnataka's industrial growth a big push.

Siemens Healthcare will invest Rs 313.20 crore, Tecchren Batteries will invest Rs 480 crore, Neotrex Steel will invest Rs 340 crore, Supreme Sugars will invest Rs 306.82 crore, Pawan Shakti Papers will invest Rs 276 crore, Tantia Papers will invest Rs 276 crore, and SATS Food Solutions India will invest Rs 210 crore.

Nirani told the media that 13 of the projects approved are large and medium-sized, with an investment of more than Rs 50 crore and a total investment of Rs 2,986.80 crore, which will create 4,660 jobs. A total of 74 projects have a budget of between Rs 15 and Rs 50 crore. They are valued at Rs 1,249.46 crore.

Karnataka Udyog Mitra is the Secretariat for granting approvals and sanctioning infrastructure facilities for approved projects as the State Government's investment promotion and facilitation agency.

The State Level Single Window Clearance Committee (SLSWCC), chaired by the Minister for Large and Medium Scale Industries, Government of Karnataka, will approve projects worth between Rs 15 crore and Rs 100 crore.

If the investment exceeds Rs 100 crore, the State High-Level Clearance Committee (SHLCC), chaired by the Chief Minister of Karnataka, will approve it.

Image Source

Also read: PM Modi inaugurates Rs 600 cr development projects in Goa
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Karnataka's Industries Minister Murugesh Nirani has announced that 87 industrial projects worth Rs 4,236.26 crore have been approved. The State Level Single Window Clearance Committee (SLSWCC), which Nirani chairs, approved these projects late Thursday in its 128th meeting. Nirani told the media that the new clearances would give Karnataka's industrial growth a big push. Siemens Healthcare will invest Rs 313.20 crore, Tecchren Batteries will invest Rs 480 crore, Neotrex Steel will invest Rs 340 crore, Supreme Sugars will invest Rs 306.82 crore, Pawan Shakti Papers will invest Rs 276 crore, Tantia Papers will invest Rs 276 crore, and SATS Food Solutions India will invest Rs 210 crore. Nirani told the media that 13 of the projects approved are large and medium-sized, with an investment of more than Rs 50 crore and a total investment of Rs 2,986.80 crore, which will create 4,660 jobs. A total of 74 projects have a budget of between Rs 15 and Rs 50 crore. They are valued at Rs 1,249.46 crore. Karnataka Udyog Mitra is the Secretariat for granting approvals and sanctioning infrastructure facilities for approved projects as the State Government's investment promotion and facilitation agency. The State Level Single Window Clearance Committee (SLSWCC), chaired by the Minister for Large and Medium Scale Industries, Government of Karnataka, will approve projects worth between Rs 15 crore and Rs 100 crore. If the investment exceeds Rs 100 crore, the State High-Level Clearance Committee (SHLCC), chaired by the Chief Minister of Karnataka, will approve it. Image Source Also read: PM Modi inaugurates Rs 600 cr development projects in Goa

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000