Karnataka govt approves 9 industrial projects worth Rs 9,823 crore
industrial projects with a total investment of Rs 9,823.31 crore, which are expected to create approximately 5,605 jobs. The projects were approved at the 64th meeting of the State High Level Clearance Committee (SHLCC), headed by Karnataka Chief Minister Siddaramaiah.
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While three of these are new investment proposals, the remaining six involve expansions or amendments to existing plans.
According to an official statement, the approved new projects include DN Solutions India Private Limited's Rs 998 crore investment at the ITIR, Devanahalli, expected to create 467 jobs; Silectric Semiconductor Manufacturing Private Limited's Rs 3,425.60 crore project at Kochanahalli, Mysuru, aimed at generating 460 jobs; and Sansera Engineering Limited's Rs 2,150 crore project at Harohalli, which is estimated to create 3,500 jobs.
The six expansion or amended projects with total investments worth Rs 3249. 71 crore is expected to create 1178 jobs.
«During the meeting, Chief Minister Siddaramaiah announced that the first semiconductor project in the state would be established at the Kochanahalli Electronics Manufacturing Cluster near Mysuru,» it stated.
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