| These projects are expected to generate employment to nearly 15,194 people. |
| According to Industries and Commerce Minister RV Deshpande, these projects represent a mix of old and new economy. |
| He said the government had cleared the setting up of an industrial park for gem and jewellry manufacturing and trading. |
| "The park will come up in special economic zone at Sadahalli and Shettigere village in Bangalore." |
| The Rs 925 crore gem and jewellry park will be set up by Sound Craft Industries Limited and has the potential to employ 2500 people. |
| Some of the other key projects that have been cleared by the high- level committee include a pharma unit of Biocon as well as expanding its existing unit with an investment of Rs 150 crore and Rs 360 crore, respectively. |
| Sanction has been given to JSW Power Ltd to set up a 100 mw power plant at Bellary. The total cost of this project is Rs 229 crore. |
| Clearance has also been given for the expansion of the Information Technology Park Limited which will invest Rs 55 crore with an employment potential of 2000 people. |
| Similarly in the Information Technology Enabled Services sector, the Bangalore-based company Comat Technologies is planning to set up a Rs 69.25 crore business process outsourcing (BPO) unit . |
| In the next five years, the company projects its annual revenues to be nearly Rs 250 crore and an employee strength of 7,680. |
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