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Karnataka Govt approves 19 projects

Monday, 26 Aug 2013

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The State high-level clearance committee (SHLCC), in Karnataka, has approved 19 projects to the tune of Rs 14,818 crore across the state.

Among the companies whose major projects were cleared by the committee are Infosys, Wipro Enterprises, Cognizant Technology Solutions India, Tech Mahindra, Asian Paints, Kirloskar Toyoda Textile Machinery, The Himalaya Drug Co, Tata Power, and Medrich.

The State high-level clearance committee has cleared three automobile projects with an investment of Rs 5,415 crore; three chemical projects entailing an investment of Rs 2,618 crore; two electronic projects worth Rs 2,120 crore; one iron and steel project estimated at Rs 242 crore; five projects in Software, entailing an investment of Rs 2,494.83 crore; two sugar projects with an investment of Rs 483.15 crore; and one project in the tourism segment with an investment of Rs 166.05 crore.