The cabinet of South Indian state of Karnataka has cleared a proposal to construct a Petrochemical Complex near Mangalore. This complex will have an investment outlay of Rs 3,590 crore, is scheduled to be completed by 2026, and will create a job potential for over one million people. Karnataka state will submit its proposal to the Centre at the earliest, following the pace of Gujarat, Andhra Pradesh, West Bengal and Orissa.
24-Aug-07 
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