The Karnataka state-level Single Window Agency has approved
nine medium and large-scale projects in the state with a
total proposed investment of about Rs 45.95 crore. These
projects are expected to provide employment opportunities
to 1,246 people of different categories.
The main projects approved include two NRI projects, including
a precision press brake tooling unit to be located at Peenya
Industrial Area, Bangalore, by G.L. Press Brake Tooling
co. This 100 per cent EoU will entail an investment of Rs
4.22 crore.
The other project, proposed by Dr Muhammed Majeed, an NRI
from the US, proposes the establishment of a fine chemicals
project at Singasandra, Hosur Road, Bangalore. Also a 100
per cent, it will be called Sami Chemicals and Extracts
Pvt Ltd, Bangalore.
A project for diamond cutting and polishing to be located
at Doddaballapur Industrial Area, Bangalore Rural District
by Kirtilal Kalidas Diamond Exports, Bombay, with an outlay
of Rs 4.35 crore has also been approved.
Other projects cleared by the Single Window Agency at its
109th meeting recently include a 100 per cent EoU for cut
and polished granite at Honega village, Belgaum, promoted
by Royal Indian Granite (P) Ltd, Kolhapur, with an outlay
of Rs 12.68 crore.
An expansion project of Shetron Ltd, Bommasandra, Bangalore
for manufacture of OTS cans and GL cans to be located at
Bommasandra Industrial Area with an additional investment
of Rs 12.7 crore has also been green signal.
A bio-gas based power plant (two mw capacity) to be located
at Kudgi Industrial Area, Kushalnagar, Coorg, by Shakti
Non-conventional Energy System Ltd, Mysore, with an outlay
of rs 2.54 crore has also been given the go-ahead.
An IV fluid/ injectable project to be located at Kolhar
Industrial Area, Bidar, by Krishna Devraya Drug and Pharmaceuticals
Pvt Ltd, Hyderabad, with an outlay of Rs 2.98 crore and
a refined groundnut oil/ sunflower oil to be located at
Bagepalli in Kolar district promoted by Yess Gee Oil Refineries,
Bangalore with an outlay of Rs 1.49 crore, have been cleared.
Mangalore-based Canara Workshop Ltd’s plan for expansion
of its existing plant for manufacture of 7,200 tpa of automobile
leaf springs at Bantwal-Muda near Mangalore at an additional
investment of Rs 5.53 crore has also been approved.