Pacts with 245 companies signed in last 3 years: Karnataka CM Siddaramaiah

Karnataka government on Tuesday said it has signed MoUs with various companies in the last three years for setting up 245 heavy and medium scale industries in the state.

In a written reply to Narayanaswamy S N in the Assembly, Chief Minister Siddaramaiah said that from 59 implemented MoU projects there was an investment of about Rs 27,071.65 crore with job opportunity for 29,556 people.

To a question whether any reservation rules have been followed while giving jobs, he said they were not applicable to private companies, adding Kannadigas had been given preference.

In another written reply to Shadakshari K, Siddaramaiah said approvals have been given to set up 28 heavy and medium scale industries in Tumkur district in last two years.

He said there will be an investment of about Rs 6,982.43 crore from these projects generating job opportunities to 12,461 people.

In another reply, he said the Hindustan Aeronautics Limited had proposed to set up a helicopter manufacturing and overhauling unit at Gubbi taluk in Tumkur district with an investment of Rs 4,990 crore. This will provide job opportunity for about 3,000 people.

Karnataka Industrial Areas Development Board (KIADB) has already released 600 acre land for this project, he added.