Karnataka's State level single window clearing committee (SLSWCC) has approved 62 investment proposals, including one from the US semiconductor giant Qualcomm for Bengaluru.

Industries Minister MB Patil released a statement stating that these investments, which have a potential value of Rs 3,607 crore, might create 10,755 new employment.

With a planned investment of Rs 175 crore, Qualcomm has suggested locating its R&D facility in Whitefield, Bengaluru, with the goal of creating 1,553 jobs. 

According to officials, the US software giant is planning to expand and already has an R&D unit in Bengaluru. This new investment is a part of that ambition.

The committee approved eight projects, each with more than Rs 50 crore investment, totaling Rs 2,088.44 crore. These hold the potential to create 6,360 jobs.

Some of the top investors include Texcon Steels, Hundri Sugars and Ethanol Private Ltd, Bren Life Sciences, Alpine Ethanol, and Virupaksha Laboratories.

Of the total 62 proposals, about 51 investment projects are between Rs 15 crore and Rs 50 crore totaling Rs 941.40 crore, with a potential of adding 4,395 jobs.