The Karnataka State High Level Clearance Committee (SHLCC) has approved 17 projects worth ₹18,430.44 crore (approximately $2.2 billion USD) during its 67th meeting, chaired by Chief Minister Siddaramaiah. These projects aim to generate 15,032 new jobs across 11 districts in Karnataka. Notable investments include ₹4,600 crore from JSW Vijayanagar Metallics Ltd. in Ballari, ₹1,600 crore from Energy Transition in Dakshina Kannada, and ₹1,500 crore from the Swedish firm Volvo Group in Bengaluru Rural. The approved projects cover various sectors such as automobiles, aerospace, pharmaceuticals, textiles, steel, semiconductors, and sugar manufacturing. Last year, Karnataka became the top investment destination in India, surpassing Maharashtra in attracting Foreign Direct Investment (FDI) for the first time. In the previous SHLCC meeting, held in October 2025, investments totaling ₹27,607 crore were cleared, expected to create 8,704 direct jobs.