Karnataka clears 11 investments, including of Tejas Networks, Schneider, worth ₹27,607 crore
The high-level clearance committee headed by chief minister Siddaramaiah on Friday cleared 11 investment proposals worth ₹27,607 crore including that of Schneider Electric IT Business. Schneider has offered to invest ₹1520 crore in Bengaluru. The project will add 550 jobs, according to an official press release.
The committee also cleared two additional investment proposals worth ₹378 crore. All projects are expected to add about 8704 jobs, the press release said.
