The Hindu Business Line : Leather SEZ in AP; Tatas to invest Rs 100 cr

The Union Government has announced that an exclusive leather SEZ (special economic zone) will be set up at Tada (Nellore district) in Andhra Pradesh with an initial investment of Rs 100 crore from the Tatas.

Announcing this here on Saturday, Mr Jairam Ramesh, Union Minister of State for Commerce, said the SEZ would be developed by a joint venture comprising a consortium of shoe manufacturers, the Tatas and the AP Government.

Tata International, A V Thomas and India Shoes Ltd have already indicated their willingness to set up plants in the SEZ. To be operational a year after giving of permission, the SEZ was expected to contribute Rs 2,200 crore worth exports after three years of its existence.

Mr Jairam Ramesh met Dr Y.S. Rajasekhara Reddy, Andhra Pradesh Chief Minister, Saturday afternoon and discussed the SEZ proposal.

He, however, said the proposed SEZ would not house tanneries, keeping in mind environmental concerns.

The Ministry would also help set up a National Centre for Sustainable Aquaculture in Kakinada.

Organic agriculture

The Ministry would launch a national project for encouraging export of organic agri products in eight States.

To begin with, the Centre would implement a Rs 12-crore project in Andhra Pradesh covering five districts in the first phase.

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