Daijiworld Media Network – Bengaluru
Bengaluru, Nov 10: The Karnataka government has approved 147 industrial projects involving a total investment of Rs 6,825.93 crore, with the potential to generate around 18,600 jobs across the state. A majority of the approved projects will be established outside Bengaluru, giving a boost to balanced regional industrial development.
The State Level Single Window Clearance Committee (SLSWCC), at its 161st meeting held under the chairmanship of Large and Medium Industries and Infrastructure Development Minister M B Patil on Monday, cleared the proposals.
Of the 147 approved projects, 131 will be established in districts other than Bengaluru Urban and Bengaluru Rural, Minister M B Patil said. The approvals cover several sectors, including food processing, textiles, data centres, semiconductors, Electronics System Design and Manufacturing (ESDM), IT parks, printed circuit board assembly, aerospace, sugar and general engineering.
According to the minister, 36 major projects involving investments of more than Rs 50 crore each account for Rs 4,507.71 crore and are expected to generate 12,074 jobs. Another 108 projects, with investments ranging from Rs 15 crore to Rs 50 crore, involve Rs 2,238.37 crore and are expected to create around 6,526 jobs. The committee also approved additional investment proposals worth Rs 79.85 crore from three existing industrial units.
Among the major approved projects, Advaith Tech LLP will invest Rs 380 crore in an IT and ITES park with allied infrastructure at Devanahalli, creating 500 jobs. Vista Spaces Tec Hoodi Private Limited will develop an IT/ITES park at Doddanekundi in Bengaluru East taluk with an investment of Rs 260 crore, generating 750 jobs.
Gowribidanur in Chikkaballapur district will attract three significant investments. OFB Tech Limited will establish a 250-tonne-per-day container glass manufacturing plant with an investment of Rs 245 crore and around 400 jobs. UHP Technologies Private Limited will invest Rs 200 crore in a semiconductor and solar cell equipment manufacturing unit, creating approximately 300 jobs. Interrni International Private Limited will set up an integrated manufacturing facility for interiors, modular fit-outs and architectural facade systems with an investment of Rs 130 crore and 600 jobs.
Mysuru district will also benefit from the investments. FIEM Industries Limited will establish a manufacturing facility for advanced lighting and electronic components at Kochanahalli with an investment of Rs 183.06 crore, generating 550 jobs. Arbee Biomarine Extracts Private Limited will set up an Omega-3 concentrates manufacturing facility at Thandya with an investment of Rs 129.71 crore, creating 62 jobs.
In Mandya district, Akshayakalpa Farms and Foods Private Limited will establish an integrated organic dairy and food processing unit at Bannenahalli in K R Pete taluk. The project involves an investment of Rs 165.24 crore and is expected to generate 300 jobs.
Other notable proposals include Elmeasure India Private Limited's Rs 150-crore data centre, energy and monitoring solutions facility at Badanaguppe-Kellamballi in Chamarajanagar district, expected to create 500 jobs, and Schneider Electric India Private Limited's Rs 141.44-crore manufacturing facility for advanced meters, communication gateways, controllers and relays at Attibele, which is expected to generate 108 jobs.
In Tumakuru district, MS Metals and Steels Private Limited has received approval for a capacity expansion and rolling mill project at Kunigal, involving an investment of Rs 132 crore and around 350 jobs.
The approvals also include two steel-sector projects in Ballari district. Anantha Steels Private Limited will invest Rs 119.41 crore and generate 154 jobs, while Sri Subramanya Sponge Iron Private Limited will invest Rs 105 crore and create 150 jobs.
The approvals are part of the state's efforts to attract industrial investments beyond Bengaluru and strengthen employment opportunities and industrial development across Karnataka.