Karnataka Approves 69 Projects Worth Rs 3500.86 Crore, Creating Nearly 25,000 Jobs Across Key Sectors
The Karnataka government has approved 69 projects totaling Rs 3500.86 crore, expected to create approximately 24,954 jobs statewide. Key projects include Jyoti CNC Automation Limited's Rs 285 crore investment in a machine tool center, Karnataka Soaps and Detergents Ltd's Rs 250 crore investment in soap and detergent manufacturing, and Hindustan Coca Cola Beverages Private Limited's Rs 249 crore investment in beverage manufacturing. Twelve projects with investments over Rs 50 crore will generate about 18,972 jobs, while 55 projects with investments between Rs 15 crore and Rs 50 crore will create 5,832 jobs. The government emphasizes fostering industrial growth and employment.