Advertisements The Karnataka government approved investment proposals worth Rs 7,659.52 crore set to create 18,146 jobs. The decision was undertaken by the State Level Single Window Clearance Committee (SLSWCC), held by Industries and Infrastructure Development Minister, MB Patil. The Committee… Read More ›
Karnataka
Kinara Capital To Disburse Loans Worth Rs 575 Cr To MSME’s Based In K’taka
Advertisements On Friday, Kinara Capital has committed to provide loans worth Rs 575 crore this fiscal year to MSMEs (Micro, Small and Medium Enterprises) based in Karnataka. The company has recently opened three branches in Haveri, Humnabad and Ramnagara- cities… Read More ›
K’taka Govt Clears 18 Industrial Projects Worth over INR 34,000 Cr Investment
Advertisements The Karnataka government on Friday approved 18 industrial projects worth Rs 34,432.46 crore that is expected to generate jobs for over 48,000 people in the state. The State High-Level Clearance Committee (SHLCC) of the government under the chairmanship of… Read More ›
CM Bommai Inaugurates India’s Largest IKEA Store, Says Company To Invest INR 3,000 Cr In Karnataka
Advertisements Karnataka Chief Minister Basavaraj Bommai on Wednesday said leading Swedish home furnishing retailer IKEA has decided to invest about Rs 3,000 crore in the state. The Chief Minister inaugurated IKEA’s largest store in India at Nagasandra here, which is… Read More ›
Karnataka Approves 81 New Industrial Projects Worth INR 2,690 Cr
Advertisements The Karnataka Industries Department has approved 81 industrial projects worth Rs 2,689.51 crore that have the potential to generate jobs for 6,825 people. The State-Level Single-Window Clearance Committee (SLSWCC), at a meeting late Thursday, approved seven large and medium-size… Read More ›
Ayana Announces INR 12,000 Cr Investment Plan To Set Up 2 GW Green Capacities In Karnataka
Advertisements Ayana Renewable Power Pvt Ltd (Ayana) is scaling up its presence in Karnataka by setting up renewable energy projects totaling 2 gigawatts (GWs) with an investment of Rs 12,000 crore. At present, it has an operational portfolio of 340… Read More ›
ACME Group To Invest USD 6.7 Bn In Green Hydrogen Project In Karnataka
Advertisements Renewable energy firm ACME Group will invest ₹52,000 crore ($6.70 billion) in Karnataka over five years to set up a green hydrogen and ammonia plant, the state government said on Monday. The investment comes as India aims to manufacture five… Read More ›
Toyota lines up INR 4,800 cr investment to locally produce EV components in Karnataka
Advertisements Toyota group firms, including Toyota Kirloskar Motor, on Saturday said they will invest about INR 4,800 crore in Karnataka for local production of powertrain parts and other components of electric vehicles. Toyota Kirloskar Motor (TKM) along with Toyota Kirloskar Auto Parts (TKAP) will put in Rs 4,100 crore… Read More ›
Karnataka Makes Strong Pitch For More Foreign Investments In Dubai For Aerospace and Defence Sector
Advertisements Highlighting Karnataka’s “dominant position” in the Aerospace and Defence sector, the state government on Sunday made a strong pitch for more foreign investments in these sectors, at the Dubai Expo 2020. Delivering a keynote address during the session on… Read More ›