Karnataka Approves 147 Projects Worth ₹6,826 Crore
· Business · The Hindu, Hindustan Times
The State-Level Single Window Clearance Committee in Karnataka has approved 147 new investment proposals totaling ₹6,825.93 crore. Industries Minister M.B. Patil stated that 131 of these projects will be located outside Bengaluru to promote regional industrial growth. The approved investments span sectors such as food processing, textiles, semiconductors, and aerospace. These projects are projected to create approximately 18,600 jobs across the state.
Why it matters
The initiative aims to decentralize industrial development in Karnataka by incentivizing companies to set up operations in districts beyond the capital, creating significant local employment.
Read the original report — The Hindu
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