Satyam seeks time for SEZs expansion

NEW DELHI: IT major Mahindra Satyam said that it has approached the Commerce Ministry for more time to develop the three IT Special Economic Zones in Andhra Pradesh as it has decided to go slow on its expansion plans due to the slowdown.

According to a PTI report, besides Mahindra Satyam, Wockhardt Infrastructure Development and the Kandla Port are among the 11 applicants that have sought extension.

The Board of Approval (BoA), headed by Commerce Secretary Rahul Khullar would take up these requests on February 11, it added quoting a company official as saying.