BENGALURU: The State High-Level Clearance Committee (HLCC), headed by Chief Minister Basavaraj Bommai, cleared 18 projects with a total investment of Rs 34,432.46 crore, said officials on Thursday. The approvals came at the Committee’s 59th meeting. The projects are expected to create employment opportunities for 48,850 people.
The projects include 8 new industrial establishments including one from Toyota and 10 additional investment proposals from existing units. Speaking after the meeting, the Chief Minister said, “Industries in ethanol, aerospace, semiconductors, machine manufacturing, steel and automobile sectors have come forward to invest and they have been cleared.”
Major projects that have been cleared include Toyota Kirloskar Motor Pvt Ltd (Rs 3,661 crore), Truals Bioenergy Ltd (ethanol plant worth Rs 1,856 crore). In the semiconductor sector, the state cleared Applied Materials India (Rs 1,573 crore).
Other approvals include medical instruments and spectacle lenses by Carl Zeiss India Pvt Ltd (Rs 977 crore), MV Photovoltaic Power Ltd (solar panels, Rs 232 crore), Sri Renuka Sugars (ethanol, Rs. 775 crore), Chidananda Basavaprabhu Kore Cooperative (ethanol, Rs 270 crore).
Large and Medium Industries Minister Murugesh Nirani, Water Resources Minister Govind Karjol, Sugar Minister Shankar Patil Munenakoppa, Horticulture Minister Muniratna and senior officials were present. (ANI)