61 projects worth Rs 3.8 thousand crore approved – The New Indian Express

By express news service

BENGALURU: The Industries Department on Friday approved 61 industrial projects worth Rs 3,829.46 crore, which are expected to create over 19,500 jobs. Investment proposals of several companies like Toyota Kirloskar and Micron Technology have been approved.

The projects were approved in a meeting of the State Level Single Window Clearance Committee (SLSWCC) chaired by Industries Minister Murugesh R Nirani. The committee approved 13 important large and medium-sized industrial projects with an investment of more than Rs 50 crore. These projects worth Rs 2,979.35 crore are expected to generate 16,158 jobs in the state.

42 new projects with an investment of more than Rs 15 crore and less than Rs 50 crore were also approved. These projects worth Rs 774.51 crore will create 3,352 jobs. Also, six projects with an investment of Rs 75.60 crore have been approved.

proposals
Company Investment (Crore) Jobs
Toyota Kirloskar Rs 445 1,198
Micron Technology 397,797
Sitaram Ispat 376.08 400
Jindal Industries Rs 340 310
Suraj Agro Distilleries Rs 185 170
Nahar Engineering Rs 120 353
Shree Bhimashankar Cooperative
Sakare Karkhana 112.07 80
Logen Pharma Rs 97.50 246
NSP Distillery RS 64.64 116
String Bio Rs 75 48
Rushil Decor 72.76 Rs 310

Read |  Microsoft Announces Native Teams App for M1 and M2 Apple Macs

Source link