In-principle nod for RIL’s Rewas SEZ

NEW DELHI: Reliance Industries — which has been facing problems in getting its Navi Mumbai SEZ approved — got the nod for two other zones on Tuesday. While its multi-services SEZ in Gurgaon was formally approved, its proposed zone in Rewas, Maharashtra, was given an in-principle approval as land is yet to be acquired there. The board of approvals (BoA) approved 26 proposals while in-principle approvals were given to nine more.

Other proposals, which got formal approval include a multi-product SEZ by Indiabulls Industrial Infrastructure in Maharashtra, an airport-based multi-product SEZ by GMR Hyderabad International Airport in Andhra Pradesh, an IT/ITes SEZ by Wipro in Andhra Pradesh and two IT/ITeS SEZs by Tamil Nadu Industrial Development Corporation in Tamil Nadu.

All projects with formal approval can now get their SEZs notified and start production after clearances. Interestingly, RIL was planning a bigger and ambitious multi-product SEZ in Jhajjar, near Gurgaon. However, since the company has not been able to acquire the required land and the Centre has barred states from compulsorily acquiring land for private SEZ developers, it has had to give up its grandiose plans for the moment. It has to be satisfied with the multi-services SEZ for now.

Projects that got in-principle approval include gems and jewellery SEZ by Gitanjali Gems in Maharashtra, leather industry SEZ by MIDC in Maharashtra and a steel SEZ by Jaibalaji Sponge in West Bengal.

, a multi-services SEZ by Gitanjali Gems in Maharashtra, a multi-product SEZ by Indiabulls Builders in Maharashtra and a textile SEZ by DLF in West Bengal. BoA will consider 46 proposals at its next meeting on June 22.