Karnataka clears projects worth Rs 3,500 cr, aims to generate 24,954 jobs

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Karnataka clears projects worth Rs 3,500 cr, aims to generate 24,954 jobs - Business Standard

Quick Summary:

Among the notable approvals are Jyoti CNC Automation Limited, which plans to invest Rs 285 crore on machine tool centre with an employment of 3,394 people, and Karnataka Soaps and Detergents Ltd plans to invest Rs 250 crore in manufacturing of soaps and detergents.

These projects approved under the leadership of Minister for Large, Medium Industries, and Infrastructure Development M B Patil are expected to create employment opportunities for approximately 24,954 people across the state, a statement from the minister's office said.

Karnataka government has approved 69 projects with a total investment of Rs 3500.86 crore during the 152nd meeting of the state-level monitoring committee held here on Saturday.