Hero Future Energies has proposed the largest investment among the new projects, with an outlay of ₹9,760 crore that is expected to create 3,200 jobs
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istock
Karnataka has approved investment proposals worth ₹29,679.20 crore that are expected to create around 66,360 jobs, as the State cleared nine new investment projects and eight additional investment or amendment proposals.The new projects account for ₹25,710.56 crore of the total investment and are expected to generate 64,349 jobs.Hero Future Energies has proposed the largest investment among the new projects, with an outlay of ₹9,760 crore that is expected to create 3,200 jobs. Other major proposals include ₹2,300 crore from Mahindra Aerostructures, ₹2,195.94 crore from Vibrancy Real Estates and ₹4,062.60 crore from Nirani Sugars.Aequs Consumer Products has proposed an investment of ₹1,104 crore, which is expected to generate 4,813 jobs, while Toyota Kirloskar Motor has lined up ₹1,200.02 crore and is expected to create 500 jobs.Trualt Bioenergy has proposed ₹2,988 crore and is expected to generate the highest number of jobs among the new projects at 21,436. Epsilon Cam has proposed ₹1,500 crore, while Lighthouse Canton Alternatives Asset Manager has proposed ₹600 crore.The committee also cleared eight additional investment or amendment proposals worth ₹3,968.64 crore, which are expected to create 2,011 jobs.
