Karnataka clears Rs 26,659 crore worth of investment proposals, to create 13,341 jobs
Tue, Dec 22 2020 08:06:05 AM
Bengaluru, Dec 22 (IANS): Karnataka cleared five investment proposals worth Rs 26,659 crore, which would create 13,341 jobs, an official said on Monday.
The proposals were cleared at a meeting of the state high level clearance committee under the chairmanship of Chief Minister B.S. Yediyurappa.
The proposals include Elest Ltd investing Rs 14,255 crore to make electrical vehicles in 85 acres at Hubli-Dharwad. The project will create 867 direct jobs.
The company will also invest Rs 6,339 crore in making lithium ion cells and batteries in 88 acres at Hubli-Dharwad. This will create 1,804 jobs.
Karnataka clears Rs 26,659 cr worth of investment proposals
By IANS |
Published on
Mon, Dec 21 2020 23:03 IST |
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Karnataka Chief Minister B.S. Yediyurappa and state Industries Minister Jagadish Shettar with a Taiwanese business delegation at Vidhana Soudha (state secretariat) in Bengaluru on Friday. (Photo by IANS). Image Source: IANS News
Bengaluru, Dec 21 : Karnataka cleared five investment proposals worth Rs 26,659 crore, which would create 13,341 jobs, an official said on Monday.
The proposals were cleared at a meeting of the state high level clearance committee under the chairmanship of Chief Minister B.S. Yediyurappa.
The proposals include Elest Ltd investing Rs 14,255 crore to make electrical vehicles in 85 acres at Hubli-Dharwad. The project will create 867 direct jobs.