BPTP Group to invest Rs 4,150 cr in SEZs

NEW DELHI: BPTP Group is investing Rs 4,150 crore in SEZs across India. It has recently received approval from BoA to develop a 27-acre SEZ in Sector 102 of Gurgaon, 54 acres in Sector 81 of Faridabad, besides approval from UP government for 25 acres in Noida and 100 acres in Greater Noida where the investment is envisaged.

The company proposes to make the SEZs operational in the next two years. In addition, BPTP has also acquired a 30- acres plot for about Rs 666 crore in Hitec City at Hyderabad making a total investment of about Rs ,5000 crore.

Commenting on the development, Kabul Chawla, MD, BPTP said, “It will cater to the need of the IT companies intending to set-up their facility in North India in the next 2 years when these facilities would be up and running.”