Karnataka Clears ₹15,441 Cr Investments; Shree Cement, Dalmia, Emmvee Among Beneficiaries.

Karnataka has announced the approval of new and additional investment proposals totaling a significant ₹15,441.17 crore, a move expected to generate employment opportunities for approximately 5,277 people across the state. The decision was made during the 65th meeting of the State High-Level Clearance Committee (SHLCC).

The approved projects include four new investment proposals and two additional investment or amendment proposals, signaling robust industrial growth.

Among the major beneficiaries of these approvals are prominent players in the manufacturing and energy sectors:

• Shree Cement Ltd. received approval for a ₹2,406 crore project, which is projected to create 300 jobs.


• Dalmia Cement (Bharat) Ltd. secured clearance for two substantial proposals, valued at ₹3,000 crore and ₹3,020 crore respectively, with each expected to generate 570 jobs.


• Emmvee Energy Private Ltd. received a nod for its largest project worth ₹5,495 crore, anticipated to provide employment to a significant 2,508 people.

Other notable investments approved include Colortone Textiles Private Ltd.'s ₹190.17 crore project and Bosch Automotive Electronics India Pvt. Ltd.'s ₹1,330 crore proposal.

In addition to these fresh investments, the SHLCC also granted time extensions to 10 amendment project proposals that are currently in various stages of implementation, ensuring continuity and progress for existing ventures.

These approvals underscore Karnataka's continued appeal as a preferred investment destination, promising to further solidify its position as a key industrial and economic hub in India.