Karnataka clears 9 projects worth ₹9,823 crore; state's first semiconductor project to come up near Mysuru
The 64th State High-Level Clearance Committee, chaired by Chief Minister Siddaramaiah, approved projects expected to create about 5,605 jobs.
Summary
Karnataka's 64th State High-Level Clearance Committee (SHLCC), chaired by Chief Minister Siddaramaiah, approved nine projects with a total investment of ₹9,823.31 crore on 23 December 2024, expected to create about 5,605 jobs. Three of the projects are new: Silectric Semiconductor Manufacturing's ₹3,425.60 crore unit at Kochanahalli, Mysuru (460 jobs), Sansera Engineering's ₹2,150 crore project at Harohalli (3,500 jobs) and DN Solutions India's ₹998 crore investment at ITIR, Devanahalli (467 jobs). The other six are expansions or amendments of existing projects. Siddaramaiah said the state's first semiconductor project would be set up at the Kochanahalli Electronics Manufacturing Cluster near Mysuru.
Key facts
- Meeting
- 64th SHLCC, 23 December 2024, chaired by CM Siddaramaiah
- Projects approved
- 9 (3 new, 6 expansion/amended)
- Total investment
- ₹9,823.31 crore
- Jobs
- About 5,605
- Semiconductor unit
- Silectric Semiconductor Manufacturing, ₹3,425.60 crore, Kochanahalli (Mysuru), 460 jobs
- Sansera Engineering
- ₹2,150 crore at Harohalli, 3,500 jobs
- DN Solutions India
- ₹998 crore at ITIR Devanahalli, 467 jobs
Practice MCQs 3 questions
Karnataka's first semiconductor project, announced at the State High-Level Clearance Committee meeting of 23 December 2024, will be set up near which city?
Show answer
Correct answer: B — Mysuru
The New Indian Express and NewsDrum (PTI): Chief Minister Siddaramaiah said the first semiconductor project in the state would be established at the Kochanahalli Electronics Manufacturing Cluster near Mysuru.
What was the total investment of the nine projects approved by Karnataka's 64th SHLCC on 23 December 2024?
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Correct answer: C — ₹9,823.31 crore
The New Indian Express and NewsDrum (PTI): the 64th SHLCC approved nine projects with a total investment of ₹9,823.31 crore, expected to create about 5,605 jobs.
Consider the following pairs of companies and project locations approved by Karnataka's SHLCC on 23 December 2024: 1. Silectric Semiconductor Manufacturing – Kochanahalli, Mysuru 2. Sansera Engineering – Harohalli 3. DN Solutions India – ITIR, Devanahalli Which of the pairs given above are correctly matched?
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Correct answer: D — 1, 2 and 3
The New Indian Express and NewsDrum (PTI): all three pairs are correct. Silectric's ₹3,425.60 crore unit is at Kochanahalli, Mysuru; Sansera's ₹2,150 crore project is at Harohalli; and DN Solutions India's ₹998 crore investment is at ITIR, Devanahalli.