Financial Daily from THE HINDU group of publications Saturday, May 13, 2006 |
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Info-Tech
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Infrastructure Nasscom welcomes move to amend SEZ scheme Our Bureau
New Delhi , May 12 Software association Nasscom said on Thursday that any move to remove the minimum land area requirement of 10 hectares for IT SEZs would benefit SMEs in the sector, which would no longer be at the mercy of builders and developers. "This will be of special benefit to SMEs in the IT sector who will no longer be at the mercy of SEZ builders and developers, and will be better placed to negotiate appropriate rates for space," a Nasscom statement said here. With such an amendment, the new SEZ scheme would be more favourable towards Indian ITES and BPO sectors. "In keeping with Nasscom's thrust, it will ensure that growth of the sector is not limited only to metro cities but also spreads to smaller towns. The industry will also be able to maximise employment across the country, thus enabling much more equitable development of different regions, while minimising the strain on the infrastructure of already stretched cities," it said.
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