The Economic Times, Bangalore

August 25, 1992
Our Special Correspondent   

“Karnataka Clears 9 Projects Worth Rs 45.95 cr”

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.