The Karnataka government has given the green light to 69 new projects worth Rs 3,500.86 crore, expected to generate approximately 24,954 new jobs. Among the major approvals are investments from Jyoti CNC Automation, Karnataka Soaps and Detergents, and Hindustan Coca-Cola. This move highlights the state’s commitment to fostering industrial growth while promoting sustainable development.
In a significant step towards strengthening Karnataka’s industrial sector, the state government recently approved these projects during the 152nd meeting of the state-level monitoring committee. The announcement was made on Saturday.
A representative from the minister’s office confirmed that these initiatives are set to provide nearly 25,000 jobs across the state. This effort, led by M B Patil, the Minister for Large, Medium Industries, and Infrastructure Development, demonstrates the government’s focus on driving economic growth through strategic investments.
Key projects include a Rs 285 crore investment by Jyoti CNC Automation Limited, which plans to establish a machine tool center that will employ 3,394 people. Additionally, Karnataka Soaps and Detergents Ltd and Hindustan Coca-Cola Beverages Private Limited are also making substantial investments, reinforcing their commitment to enhancing the state’s industrial and infrastructural landscape.