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Karnataka clears investment proposals worth Rs 26,659 crore and potential to generate 13,341 jobs

Karnataka clears investment proposals worth Rs 26,659 crore and potential to generate 13,341 jobs
Synopsis
Investments cleared in the 55th SHLCC meeting include two proposals by Elest Pvt Ltd in Hubli/Dharwad - one worth Rs 14,255 crore on 85 acres of land for electric vehicle manufacturing, with a potential to generate employment for 867 people.
Agencies
Chief Minister B S Yediyurappa
Bengaluru: The State High Level Clearance Committee (SHLCC) meeting chaired by Karnataka Chief Minister B S Yediyurappa on Monday cleared five projects with an total investment potential of Rs 26,659 crore and can generate employment to 13,341 people.
Investments cleared in the 55th SHLCC meeting include two proposals by Elest Pvt Ltd in Hubli/Dharwad - one worth Rs 14,255 crore on 85 acres of land for electric vehicle manufacturing, with a potential to generate employment for 867 people.

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