Maharashtra, UP win latest SEZ round

NEW DELHI, INDIA: The Board of Approval of the Special Economic Zones (SEZs) met here today to consider proposals for setting up of SEZs and also approve other miscellaneous requests pertaining to SEZs.

Addressing the Board of Approval members, the chairman informed that so far formal approvals have been granted for setting up of 428 SEZs out of which 194 have been notified as on date, the Press Information Bureau said in a statement.

He informed that over Rs.52193 crores have been invested in these notified SEZs. Direct employment to over 94832 persons has been provided by the new generation Special Economic Zones.

This is in addition to the employment provided by the seven Central Government established SEZs which is over 1.81 lakh persons.

In today’s meeting, 19 proposals for setting up SEZs, including 2 proposals for conversion of in-principle approvals to formal approvals were considered.

The Board recommended grant of 11 Formal approvals (including two requests for conversion of In-Principle Approvals to Formal Approvals) and one in-principle approval.

The proposals approved today include IT/ITES SEZ by Juventus Builders and Developers Private Limited in Raigarh, Maharashtra, IT/ITES SEZ by Fama Estate Private Limited in Raigarh, Maharashtra; IT/ITES SEZ by Rajiv Gandhi IT Park Co-operative Society Ltd., in Aurangabad, Maharashtra; EH and Software including IT/ITES SEZ by Sarv-Mangal Realtech Pvt. Ltd. at Noida, UP; IT/ITES SEZ by Gallant Infrastructure Private Limited in Greater Noida, UP; and IT/ITES SEZ by Jubilant Infracon Private Limited in Noida, UP.

The Biotechnology SEZ by Glenmark Pharmaceuticals Ltd. in Shendre in Maharashtra was also granted approval.

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