TCS, Cognizant among 20 SEZ proposals approved
The Board of Approval on Thursday approved 20 Special Economic Zones including proposals from Tata Consultancy Services, Cognizant Technology and Gitanjali Gems.
By TNN |
NEW DELHI: The Board of Approval on Thursday approved 20 Special Economic Zones including proposals from Tata Consultancy Services, Cognizant Technology and Gitanjali Gems.
“The BoA has given formal approval to 15 SEZs and in-principle nod to five,” commerce secretary and BoA chairman G K Pillai told reporters after the meeting of the Board.
Tata Consultancy Services proposes to set up a 30.35 hectare IT zone in Ranga Reddy District of Andhra Pradesh, while Cognizant Technology Solutions has plans to establish a 16-hectare IT SEZ. Gitanjali Gems is setting up a 102-hectare gems and jewellery zone and a 1,000 hectare multi-product SEZ in Maharashtra.
lspun’s 121-hectare engineering product zone and Gujarat Hydrocarbon and Energy SEZ Ltd’s proposal to set up a 220-hectare project in the energy and petrochemical sector in Gujarat were also given in-principle approval. In- principle approvals for sector-specific SEZs for providing products and related services for oil and gas, energy and petrochemicals by Gujarat Hydrocarbon and Energy SEZ in Gujarat.
The proposal from Anant Raj Industries for a 10-hectare IT zone in Haryana was not considered as state government has withdrawn its permission. Same was the case with AEC Marketing which had proposed a gems and jewellery zone in Dadra and Nagar Haveli.
In all 31 applications for setting up SEZs, which included four proposals for conversion of in-principle approvals to formal approvals, were considered. With these approvals, the total number of formally cleared SEZs now stands at 381. The board has given in-principle approvals to 183 proposals.
Over Rs 46,705 crore have been invested in 142 notified SEZs and these SEZs are providing direct employment to over 40,153 persons.
The next meeting of BoA is scheduled on September 18.
“The BoA has given formal approval to 15 SEZs and in-principle nod to five,” commerce secretary and BoA chairman G K Pillai told reporters after the meeting of the Board.
Tata Consultancy Services proposes to set up a 30.35 hectare IT zone in Ranga Reddy District of Andhra Pradesh, while Cognizant Technology Solutions has plans to establish a 16-hectare IT SEZ. Gitanjali Gems is setting up a 102-hectare gems and jewellery zone and a 1,000 hectare multi-product SEZ in Maharashtra.
lspun’s 121-hectare engineering product zone and Gujarat Hydrocarbon and Energy SEZ Ltd’s proposal to set up a 220-hectare project in the energy and petrochemical sector in Gujarat were also given in-principle approval. In- principle approvals for sector-specific SEZs for providing products and related services for oil and gas, energy and petrochemicals by Gujarat Hydrocarbon and Energy SEZ in Gujarat.
The proposal from Anant Raj Industries for a 10-hectare IT zone in Haryana was not considered as state government has withdrawn its permission. Same was the case with AEC Marketing which had proposed a gems and jewellery zone in Dadra and Nagar Haveli.
In all 31 applications for setting up SEZs, which included four proposals for conversion of in-principle approvals to formal approvals, were considered. With these approvals, the total number of formally cleared SEZs now stands at 381. The board has given in-principle approvals to 183 proposals.
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Over Rs 46,705 crore have been invested in 142 notified SEZs and these SEZs are providing direct employment to over 40,153 persons.
The next meeting of BoA is scheduled on September 18.
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