Karnataka clears 11 investments, including of Schneider, worth Rs 27,607 cr

Karnataka's high-level committee approved 11 investment proposals totaling Rs 27,607 crore, including Schneider Electric's Rs 1520 crore project in Bengaluru, expected to create 550 jobs. The government is streamlining industrial approvals, aiming to match neighboring states' efficiency and attract more investment by eliminating delays.