Business Daily from THE HINDU group of publications
Friday, Aug 31, 2007
ePaper
Business Daily from THE HINDU group of publications Friday, Aug 31, 2007 ePaper |
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Info-Tech
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Infrastructure Government - Policy
Our Bureau New Delhi, Aug. 30 Tata Consultancy Services and Cognizant Solutions India Pvt Ltd, both in Andhra Pradesh, were among the 20 special economic zones for Information Technology (IT) and ITES cleared for formal approval on Thursday by the Board of Approval for SEZs. The BoA which met under the Chairmanship of the Commerce Secretary, Mr Gopal K. Pillai, also gave in-principle nod to seven SEZs, including a multi-product SEZ being promoted by Gitanjali Gems Ltd in Nagpur, Maharashtra, and a 208-hectares textile SEZ in Bidar district, Karnataka, by Jade Holdings Pvt Ltd. Mr Pillai told reporters here that with today’s 20 formal approvals, the number of SEZs with formal approvals has gone to 386 out of which 142 have been notified so far. Project line-up
Among the notable formal approvals include multi-services SEZ by Gujarat Finance City Development Company Ltd in Gandhinagar, agro and food processing SEZ by Nagaland Industrial Development Corporation Ltd in Dimapur, two IT/ITES SEZs by Andhra Pradesh Industrial Infrastructure Corporation Ltd, and a polymer-based SEZ by Asia Pacific Corporation Ltd in Gujarat’s Kutch district. Among the four SEZs for conversion from in-principle to formal approval include Alok Infrastructure Pvt Ltd for a textile SEZ in Dadra and Nagar Haveli and a multi-product SEZ spread over 1,263 hectares by Sterling Erection and Infrastructure Pvt Ltd. Welspun Anjar SEZ for Engineering products and Gitanjali Gems Ltd for gems and jewellery SEZ in Aurangabad were the two important SEZs that were given in-principle nod by the BoA on Thursday. Proposals of AEC Marketing for gems and jewellery SEZ in Dadra and Nagar Haveli and Anant Raj Industries’ 10-hectare IT SEZs were not considered by the BoA as the local authorities in the respective regions withheld permissions for these proposals.
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