Karnataka is poised to attract an investment of ₹34,115 crore through 14 upcoming projects

CM

Karnataka is set to witness a surge in development as the State High-Level Clearance Committee (SHLCC), led by Chief Minister Siddaramaiah, approved 14 projects totaling ₹34,115 crore.

Among them, 10 are new projects, contributing ₹19,452.40 crore, while the remaining four are part of existing investments amounting to ₹14,662.59 crore.

This move is expected to generate over 13,000 jobs. Notably, Foconn, the iPhone manufacturer, is a significant contributor, intending to establish a manufacturing facility near Bengaluru with an additional investment of around ₹13,911 crore on the acquired 300 acres of land.

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