The Karnataka government has recently sanctioned six new projects and eight additional investment proposals, with a total worth of ₹17,835.9 crore. These business ventures, once operational, are anticipated to generate approximately 27,000 jobs in various regions of Karnataka. The State High-Level Clearance Committee, which is headed by Chief Minister Siddaramaiah, approved these proposals during its 63rd meeting held on Friday. Among the endorsed projects, Wistron’s investment proposal of ₹2,095 crore is expected to create 21,723 employment opportunities. Other significant ventures include the MRO project by Air India Ltd. amounting to ₹1,750 crore, STT Global Data Centres India Pvt. Ltd.’s investment of ₹1,352.3 crore, Indian Cane Power Ltd.’s contribution of ₹1,078 crore, and ICT Service Management Solutions’ commitment of ₹1,450 crore. Notably, a substantial portion of the total investments, accounting for ₹10,433.72 crore, is dedicated to Vijayapura, Kalaburagi, Ballari, and Belagavi districts, in an earnest attempt by the government to expand development beyond Bengaluru and stimulate economic growth throughout the state.
Karnataka approves projects worth ₹17,835.9 crore, expected to create 27,000 jobs
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