Wednesday, October 1, 2025
spot_img

Karnataka to generate 13,341 jobs, CM B. S. Yediyurappa

spot_img
- Advertisement -

Karnataka clears investment proposals with the potential to generate 13,341 jobs, CM B. S. Yediyurappa

The State High-Level Clearance Committee (SHLCC) meeting chaired by Karnataka Chief Minister B S Yediyurappa on Monday cleared five projects with a total investment potential of Rs 26,659 crore and can generate employment for 13,341 people.

Investments cleared in the 55th SHLCC meeting include two proposals by Elest Pvt Ltd in Hubli/Dharwad – one worth Rs 14,255 crore on 85 acres of land for electric vehicle manufacturing, with a potential to generate employment for 867 people.

The other is worth Rs 6,339 crore on 88 acres for lithium-ion cells and battery manufacturing unit, which can generate 1,804 jobs.

Also cleared are proposals worth Rs 1,825 crore by Hyunet Private Ltd on 300 acres to be allotted by Karnataka Industrial Areas Development Board in Bagepalli taluk of Chikkaballapur district for Lithium batteries and electric vehicles, that can produce 2,210 jobs.

Investment of Rs 1,290 crore by Miraculum Green Power Pvt Ltd on 700 acres to be taken on lease at villages in Jagalur Taluk of Davengere district to set up 110 MW hybrid wind solar power project, with a potential to generate 2,820 jobs.

Proposal worth Rs 2,950 crore by Sanali Power Pvt Ltd on 1,710 acres also taken on lease at villages in Jagalur Taluk of Davengere district to set up hybrid wind solar power project, that can create jobs to 5,640 people.

The SHLCC meet was attended by Large and Medium Industries Minister Jagadish Shettar, Deputy Chief Minister Ashwat Narayan, Gaurav Gupta, Principal Secretary – Commerce and Industries department and other senior officials.

While projects with investments between Rs 15 to 100 crore are cleared by the State Level Single Window Clearance Committee (SLSWCC), chaired by the Minister for Large and Medium Scale Industries, investments above Rs 100 crore are cleared by the SHLCC, chaired by the Chief Minister.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

IT giant, Nagarro is hiring for various WFA, Remote Jobs in India

Nagarro, a German IT giant specializing in digital engineering,...

The Impact of Game Theory on Organizational Strategy and HR

Game theory has evolved from a niche mathematical concept...

1 in 3 LGBTQI+ Workers: Career Impacted by Identity

Despite significant progress to foster more inclusive workplaces over...

American Express announces to Open Campus in Gurugram, India

An American bank holding company and multinational financial services...

Chingari announces 2-day paid monthly period leave

A video-sharing mobile app, Chingari has announced two-day paid...

PwC India Sets New Course with Key Leadership Changes

PwC India has announced a significant reshuffle in its...

Accenture and Siemens Join Forces to Revolutionize Manufacturing

Accenture and Siemens have announced the formation of a...

In Conversation with Prashant Khullar on Learning & Development

Learning and development, a subset of HR, aims to...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/