The Hindu Business Line : 29 SEZ proposals cleared

New Delhi, Aug. 1 The Board of Approval for Special Economic Zones (SEZ) on Friday gave formal approval for setting up of a multi-product SEZ in Tirunelveli district, Tamil Nadu spread over an area of 1,020 hectares, besides granting a clutch of 22 formal approvals and six in-principle approvals.

The multi-product SEZ in Tamil Nadu is a joint venture between Tamil Nadu Industrial Development Corporation (TIDCO) and AMRL International Tech City Ltd.

The BoA, chaired by the Commerce Secretary, Mr Gopal K. Pillai, considered a total of 34 proposals for setting up of SEZs including three proposals for conversion of in-principle approvals into formal approval. Among the 23 formal approvals granted today include four IT/ITES SEZ in Kerala by the State Information Technology Infrastructure Ltd, two IT/ITES Electronic Hardware SEZs in Andhra Pradesh by Godrej Real Estate Pvt Ltd and S2tech.com Pvt Ltd, two bio-technology SEZs in Andhra Pradesh and one IT/ITES SEZ in Tamil Nadu by DSRK Holding Pvt Ltd.

Among the six in-principle approvals granted were multi product SEZ in Madhya Pradesh, airport/aviation sector (including MRO) SEZ in Tamil Nadu by Taneja Aerospace and Aviation Ltd, a free trade warehousing zone SEZ in Tamil Nadu by Vikram Logistics and Maritime Services Pvt Ltd.

Asked about the Goa Government’s resolve to scrap notified three SEZs in the State, Mr Pillai told Business Line later that once the State Government and the affected developers resolve the problem of returning the land of the developers to the former after getting alternate sites or compensation from the State, the matter would be referred to the Board which would take a call subsequently.

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