Karnataka Govt Greenlights ₹27,600 Crore Investment, Creating 8,704 New Jobs

The Karnataka government has approved industrial investment proposals worth ₹27,607.26 crore during the 66th meeting of the State High-Level Clearance Committee (SHLCC) held on October 24, 2025, as per the news reports. 

The meeting was chaired by Chief Minister Siddaramaiah at Vidhana Soudha. The projects together are expected to create around 8,704 direct employment opportunities in the state.

Investment Approvals

A total of 13 projects were cleared, 11 new and two additional investment proposals. The new projects account for ₹27,228.51 crore, while the additional ones total ₹378.75 crore. The proposals come from a mix of large companies and mid-sized enterprises across sectors like manufacturing, electricals, and consumer products.

Major Projects

Among the new investments, SFX India Manufacturing Pvt Ltd will invest ₹9,298 crore and create 806 jobs. JSW JFE Electrical Steel Pvt Ltd has proposed an investment of ₹7,102 crore to generate 900 jobs. Reliance Consumer Products Ltd will invest ₹1,622 crore, providing employment to 1,200 people.

Vayu Assets Pvt Ltd has proposed ₹1,251 crore with 1,912 jobs, and Tejas Networks Ltd plans ₹542.19 crore in investment, generating 1,312 jobs. HSS Textiles Pvt Ltd will invest ₹740 crore for 800 jobs, while Schneider Electric IT Business India Pvt Ltd has proposed ₹1,520.75 crore for 550 jobs.

Additional Proposals

Two expansion proposals were also approved. Embassy Industrial Park will invest ₹80 crore, and Balaji Wafers Pvt. Ltd. will expand operations with ₹298.75 crore. Other companies receiving approval include Toyota Industries Engine India Ltd. (₹1,330 crore; 550 jobs), Grasim Industries (₹1,386 crore; 203 jobs), Jindal Steels (₹1,300.57 crore; 271 jobs), and QPIAI India Pvt. Ltd. (₹1,136 crore; 200 jobs).

The SHLCC meeting was attended by Deputy Chief Minister D.K. Shivakumar, Industries Minister M.B. Patil, Energy Minister K.J. George, IT & BT Minister Priyank Kharge, and others.

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Conclusion

The approved projects, amounting to over ₹27,600 crore, mark a new phase of industrial expansion in Karnataka, contributing both to capital investment and job generation across multiple sectors.

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