Stay updated with breaking news from நிலை அனுமதி குழு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Karnataka Govt Clears Investment Proposals Worth Rs 13,487 Crore, Includes Rs 4,000 Crore Private Township Near Bengaluru swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Nine projects with ₹13,487 crore investment cleared Updated: Updated: They are expected to generate job opportunities to 6,256 people Share Article They are expected to generate job opportunities to 6,256 people The State government on Wednesday approved nine projects with a total investment of ₹13,487 crore. The approval came at the State High-Level Clearance Committee chaired by Chief Minister B.S. Yediyurappa here on Wednesday. The investments are expected to generate employment opportunities to 6,256 people. A release said that of the total investment proposal cleared on Wednesday, ₹13,174 crore pertains to fresh investments while ₹312 crore investment comes as additional investment in Vijayapura-based Mylar Sugar. Integrated township ....
The CM added, “With the government encouraging the use of EVs, these battery-swapping units, besides cutting down charging time, will also help reduce the weight of vehicles, increase mileage, and make it possible to drive for longer hours.” A fleet of Piaggio Ape E-City three-wheelers run by MetroRide will begin using the new facility. “Our commitment is to increase adoption of EVs in the shared mobility sector, in Bengaluru, by making refuelling faster, cheaper, more accessible and convenient,” Chetan Maini, co-founder, and vice-chairman, Sun Mobility said. He added that through the partnership with other stakeholders, the firm aims to develop a similar supporting ecosystem by opening 100 swap points by the end of next year which can power and support all forms of shared mobility in the city, including two-wheelers, three-wheelers and last-mile delivery trucks. ....
Investments running up to ₹26,659 crore cleared in Karnataka Updated: Updated: CM B.S. Yediyurappa launched an affidavit-based clearance system under the Karnataka Facilitation Act Share Article CM B.S. Yediyurappa launched an affidavit-based clearance system under the Karnataka Facilitation Act A meeting of the State High-Level Clearance Committee (SHLCC), chaired by Chief Minister B.S. Yediyurappa, on Monday cleared investments totalling ₹26,659 crore. These investment proposals are expected to generate 13,341 jobs. According to the Industries Department, Boeing India Pvt. Ltd. is to invest ₹1,152 crore on 36.5 acres at the Aerospace Park in Bengaluru. Elest Pvt. Ltd. will invest ₹14,255 crore on 85 acres in Hubballi-Dharwad to establish an electric vehicle manufacturing unit. The proposed unit is expected to generate employment for 867 persons. In another project, Elest Pvt. Ltd. is also to invest ₹6,339 crore on 88 acres in Hubballi ....
Updated Dec 17, 2020 | 13:06 IST Land prices in Karnataka have come back in focus with Bengaluru-based cab aggregator Ola deciding to invest Rs 2,400 crore to set up an industry to produce electric bikes in Hosur, Tamil Nadu. Increasing land prices pushing investment beyond Karnataka, Ola sets up new factory in Hosur. | Photo Credit: IANS Bengaluru: The state’s increasing land prices are making investors look away. Huge costs of land acquisition are proving to be a big roadblock for the state to convert investment proposals into projects. This has come back in focus with the city-based cab aggregator Ola deciding to invest Rs 2,400 crore to set up an industry to produce electric bikes in Hosur, Tamil Nadu, because it found land cheaper there. Land prices in Hosur are 50% cheaper than in districts around the city, government sources say. ....