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

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
Infrastructure Transport

Anand Vihar and Punjabi Bagh Flyovers Ready

Work on two major road infrastructure projects, the Anand Vihar flyover and the Punjabi Bagh flyover, has been completed but are yet to be opened for public use, according to officials. Located in highly congested areas, work on these projects started around two years ago. "The work on the flyover is complete and it is ready for opening," said a PWD official on Wednesday. According to sources, both the flyovers are likely to be inaugurated closer to the assembly elections in Delhi, scheduled for early next year. During the time the work was under way, motorists faced heavy traffic congestion ..

Next Story
Infrastructure Transport

RDSO finalise oscillation trials on Indore Metro

Indore Metro Phase 1 advances with the completion of oscillation and brake performance trials on the Yellow Line through three coaches manufactured by Alstom conducted by Research Design and Standards Organisation (RDSO). The oscillation trials were conducted with an aim to evaluate the stability and performance of the three different coaches during the movement, ensuring that the commencement of operation on Indore metro meets the safety and performance standard. The Emergency Braking Distance (EBD) was also reviewed by the RDSO team to evaluate the efficient stopping of trains during the op..

Next Story
Infrastructure Urban

IIT Guwahati develops sustainable geopolymer

A research team at the Indian Institute of Technology Guwahati, led by Prof. Anil K. Mishra from the Department of Civil Engineering, has developed an innovative solution to two major global challenges: industrial waste management and sustainable construction. Their research focuses on creating a geopolymer using industrial byproducts and waste materials, such as water treatment sludge (WTS), fly ash (FA), and ground granulated blast furnace slag (GGBS). “With the rapid pace of urbanisation and industrialisation, managing industrial waste has become a critical global issue," said IIT Guwaha..

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