Karnataka Government to Clear over $5 Billion in Investments Across Several Sectors

BANGALORE, INDIA--July 15, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--On June 30, the Department of Large and Medium Industries in the Indian state of Karnataka cleared 65 investment proposals worth $265 million across a range of sectors, including automobile manufacturing, engineering, hospitals, information technology, pharmaceuticals and tourism. The proposed projects are expected to generate more than 29,000 jobs.