This Article is From Apr 14, 2012

Karnataka govt approves investment of over Rs 35,785 crore

Bangalore: The Karnataka government on Friday approved 43 projects with an investment of over Rs 35,785 crore creating an employment opportunity for 4,83,021 persons.

Briefing reporters after the 27th State High Level Committee Meeting chaired by Chief Minister DV Sadananda Gowda , Industries Minister Murugesh Nirani said that the state government has cleared the proposal of JSW Steel Limited to set up "Cold Rolled Annealed & Skin Passed Coils" in Sandur taluk, Bellary district with an investment of Rs 4190.40 crore.

"We have approved nine projects in the automobile sector with an investment of Rs 3628 crore. These projects are proposed in Bangalore Rural, Kolar and Ramanagara districts," he said.

The government has cleared a proposal for Tata Consultancy Services Limited to establish "IT/ITES Special Economic Zone" in Siddapura and Tubarahalli villages, Bangalore Rural district at an investment of Rs 3400 crore.

Setting up of Rs 2500 crore "5 MTPA Cement Plant" in Sedam taluk, Gulbarga district by Reliance Cementation Limited has been cleared, he added.

The government has also cleared a similar proposal to set up a 3.5 MTPA Cement Plant in Chincholi taluk in Gulbarga District with an investment of Rs 2320 crore, he said.

Clearance has also been given to Patel Engineering Limited to establish an "Integrated Township" project in Anekal taluk, Bangalore Urban district at an investment of Rs 2025 crore.

The proposal of Toyota Kirloskar Auto Parts Private Limited to establish Castings and Machining of engine parts for automobiles adjacent to their existing factory in Bidadi industrial area in Ramanagara district with an investment of Rs 750 crore and employment to 150 people has been cleared, he said.
.