Karnataka approves 28 Industries worth Rs 49,000 Crore

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Bangalore, Mar 17 (UNI) Karnataka Governor Rameshwar Thakur, who chaired a High Level Clearance Committee Meeting today, approved establishment of 28 new Industries with a total investment of Rs 49,054 crore.

Once established, the industries is expected to generate 4.20 lakh jobs in the areas of IT, Cement, steel, Education and Electronics.

For the first time, investments from all these companies are being made in tier II cities including Hiriyur, Gulbarga, Mysore, Hospet Mangalore, Muddebihal, Gangavatti, Hassan, Afzalpur, Yadgiri, Koppal Kunigal, Sandur, Haveri in addition to some cities in Bangalore Rural District, a release by Governor Secretariat said tonight.

The meeting was attended by Adviser to the Governor K Krishnakumar, Commerce and Industries Department Principal Secretary V P Baligar, BWSSB Chairman Latha Krishna Rao and other senior officers.


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