Karnataka Govt approves 91 investment projects worth ₹7,660 crore thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The Karnataka government and iPhone maker Foxconn have signed a Letter of Intent (LOI) for two projects with an estimated investment outlay of Rs 5,000 crore generating 13,000 jobs, state Large and Medium Industries Minister M.B. Patil said on .
The state government has turned down a plea by the Mukesh Ambani-led Reliance seeking five more years to complete its green energy project in Devanahalli, granting just twelve months instead. Reliance is setting up a unit for “research, development and manufacture of green energy power electronics” on a 25-acre plot in the IT Park at Devanahalli. The project is worth Rs 446