Karnataka government clears investment plans worth Rs 17,835 crore

The government said that all the proposals cleared in the 63rd State High Level Clearance Committee (SHLCC) and chaired by Chief Minister Siddaramaiah, will create 27,067 jobs.

Bengaluru: The Karnataka Chief Minister Siddaramaiah administration on Friday cleared 14 investment proposals worth Rs 17,835.9 crore, which include projects of Apple iPhone maker Wistron and Air India.

All proposals cleared in the 63rd State High Level Clearance Committee (SHLCC), chaired by the Chief Minister, will create 27,067 jobs, the government said in a statement.

Much of the proposed investments - Rs 10,433.72 crore - will come to Vijayapura, Kalaburagi, Ballari and Belagavi districts of north Karnataka.

The biggest project belongs to Wistron Infocomm Manufacturing India Pvt Ltd, which will invest Rs 2,095 crore to generate 21,723 jobs. The company will set up a smartphone manufacturing unit at Narsapur Industrial Area in Kolar.

Air India will pump in Rs 1,750 crore for a Maintenance, Repair, Overhaul (MRO) unit at the Kempegowda International Airport in Bengaluru for single aisle and wide-body aircraft. This will create 1,200 jobs.

At the Defence & Aerospace Park in Bengaluru Rural, ICT Service Management Solutions (India) Pvt Ltd will set up a manufacturing unit for laptops and electronic equipment with an investment of Rs 1,450 crore creating 2,500 jobs.

STT Global Data Centres India Pvt Ltd is setting up a data centre in Devanahalli costing Rs 1,352.3 crore that will provide 250 jobs.

At Vijayapura, Indian Cane Power Ltd will set up a sugar factory worth Rs 1,078 crore. This will create 309 jobs, the government said. The same company will spend an additional Rs 492.29 crore to expand the Alagawadi Bireshwar Sugar factory in Belagavi.

Shri Balaji Sugars and Chemicals Pvt Ltd will enhance the capacity of the Yaragal sugar factory with an investment of Rs 494.75 crore for 1,085 jobs.

Greenko KA01 IREP Pvt Ptd (formerly Greenko Solar Energy Pvt Ltd) will spend Rs 5,948.06 crore to enhance pump storage facility at Belagavi.

RBSSN Ferrous Industries Ltd will invest Rs 1,620.80 cror eon a 130 MW power plant in Ballari.

Bengaluru Rural will get a solar panel manufacturing unit by Emmvee Energy Pvt Ltd (formerly Emmvee Photovoltaic Power Pvt Ltd) at a cost of Rs 676.28 crore.

Ultratech Cement Ltd will take up mining Kalaburagi with an investment of Rs 490.38 crore. In Belagavi, Athani Sugars Ltd will expand its distillery unit (Rs 205.89 crore). At Koppal, Ukem Agre Infra Ltd will expand its sugar factory (Rs 205.89 crore).

Schneider Electric IT Business India Pvt Ltd will invest Rs 78.60 crore on an electronics equipment unit in Bengaluru.