Karnataka clears projects worth Rs 18,430 crore; to generate 15K jobs
Indian Express·11h ago·Positivity
What Happened
Karnataka's State High Level Clearance Committee approved 17 projects worth Rs 18,430.44 crore across automobiles, aerospace, pharmaceuticals, textiles, steel, semiconductors, and sugar sectors. The 67th meeting, chaired by Chief Minister Siddaramaiah, cleared 11 new projects and six additional capital investment proposals. These investments are expected to generate 15,032 new jobs across 11 districts. Major projects include JSW Vijayanagar Metallics' Rs 4,600 crore investment in Ballari and Volvo Group's Rs 1,500 crore investment in Bengaluru Rural.
Key Entities
Karnataka State High Level Clearance CommitteeChief Minister SiddaramaiahRs 18,430.44 crore15,032 jobsJSW Vijayanagar Metallics Ltd.Volvo GroupEnergy Transition11 districts