Karnataka's Investment Boom: Major Proposals Approved

The State High-Level Clearance Committee, chaired by Chief Minister Siddaramaiah, has approved 13 investment proposals totaling Rs 27,607.26 crore. These initiatives are poised to generate 8,704 direct jobs. The approved proposals include both new and additional investments, with companies like Vayu Assets and Tejas Networks included.

The recent State High-Level Clearance Committee meeting, led by Chief Minister Siddaramaiah, has greenlit 13 investment proposals worth Rs 27,607.26 crore, according to officials.

These new ventures are projected to create 8,704 direct jobs, stated Large and Medium Industries Minister M B Patil.

The proposals include 11 new investments and two expansions, with notable companies like Vayu Assets and Tejas Networks set to contribute significantly to Karnataka's economic landscape.

(With inputs from agencies.)