BoA grants 6 Formal and 2 In-Principle Approvals
The Board of Approval of the Special Economic Zones (SEZs) met here today to consider proposals for setting up of SEZs and also to approve other miscellaneous requests pertaining to SEZs.
Addressing the Board of Approval members, the Chairman informed that so far 570 formal approvals have been granted for setting up of SEZs out of which 346 have been notified. He further informed that over Rs. 1,30,341 crore have been invested in the Special Economic Zones during this short span of time and direct employment of the order of 4,18,129 persons has been generated in the Special Economic Zones. During the first half of current financial year, total export of Rs. 89,750.75 crore has been made from SEZs.
In this meeting, 10 proposals for setting up of SEZ were considered. The Board recommended grant of 6 Formal Approvals and 2 In-Principle Approvals.
· Formal Approvals:
Ø IT SEZ - Delhi State Industrial & Infrastructure Development Corporation Ltd. at Baprola Village, New Delhi
Ø Gems & Jewellery SEZ - Delhi State Industrial & Infrastructure Development Corporation Ltd. at Baprola village, Delhi
Ø IT/ITES SEZ – Uralungal Labour Contract Cooperative Society Limited (ULCCS Ltd.) at Nellikode village, Kozhikode, Kerala
Ø IT/ITES & Hardware SEZ – Empire Industries Limited (EIL) at Ambernath, Thane District, Maharashtra
Ø Solar PV SEZ - M/s. Lanco Solar Pvt. Ltd. at Ramdaspur, Cuttak District, Orissa
Ø Bio-tech SEZ - Veritas Infrastructure Development Limited at Village Shahbaez, Taluka-Alibaug, District Raigad, Maharashtra
· In-principle Approval:
Ø FTWZ - Redi Port Ltd. at Post Redi, District Sindhudurg, Maharashtra
Ø Copper SEZ - Sterlite Industries (India) Ltd. at TV Puram, Tuticorin, Tamil Nadu
Among other items, 3 proposals for grant of co-developer status were approved.
Ø M/s. Indiabulls Industrial Infrastructure Ltd. Multi product SEZ, Nasik, Maharashtra : M/s. Indiabulls Realtech Limited approved as co-developer.
Ø M/s. Gopalan Enterprises (India) Pvt. Ltd. IT/ITES SEZ Bangalore, Karnataka – M/s. Mind Tree Ltd. approved as co-developer.
Ø M/s. Electronics Technology Parks IT/ITES SEZ, Thiruvananthapuram, Kerala: M/s. UST Global India SEZ approved as Co-developer.
