SEZ
Kruti Kumar Jain, director, Kumar Urban Development said, “The Mega Township is aimed at catering to the employment catchment area of Kharadi and Hadpasar in Pune.” Jain said , the project offers a unique combination of luxury and affordability and the prices start at Rs 30 lakh.She added the project’s USP is its proximity to [...] Continue Reading »
E M Sudarsana Natchiappan, the Union minister of state for Commerce & Industry had said that the Centre had initiated a dialogue with Japan to support the monorail project in Tamil Nadu. The minister, giving further details, said the Centre had requested the Japan International Cooperation Agency (Jica), a governmental agency of Japan, to fund the project. [...] Continue Reading »
Goa government is making an effort to unlock the land under Special Economic Zone to boost industrial development in the state. Governor B V Wanchoo informed that making adequate land available for industrial development is a huge challenge before the government. He was addressing the state Legislative Assembly session. He said the government is making [...] Continue Reading »
To be able to meet the investment target of Rs 5000 crore in public infrastructure through public private partnerships (PPPs) for the12th Plan period (2012-17), Odisha’s state planning & coordination department has invited proposals from government departments and agencies. The PPP projects are to be taken up in socio-economic sectors like agriculture, water supply, health care, education, municipal services, warehousing, [...] Continue Reading »
More than 50 Special Economic Zones (SEZ) developers, including Dr Reddy’s Laboratories, Vedanta Aluminium and Tata Consultancy Services have asked the government to grant them some more time to implement their projects. The requests are to be considered by the Board of Approval (BoA), headed by Commerce Secretary Rajeev Kher, on March 10. Other developers seeking additional [...] Continue Reading »
Infosys laid the foundation stone of its planned SEZ which will be formed with an initial investment of Rs 400 crore. SEZ which is to be constructed on 130 acres of land, its foundation-laying ceremony is to be held at the Super Corridor on the outskirts of Indore in the presence of Madhya Pradesh Chief Minister Shivraj Singh Chouhan. Infosys [...] Continue Reading »
After the state government’s decision to take back thousands of acres that were given to Reliance Industries for developing special economic zone (SEZ) in the area, the local farmers are making hard efforts to get the possession of the land back describing it as their legal right. Farmers have involved the Jhajjar Deputy Collector by [...] Continue Reading »
Wipro Technologies, an IT giant, is planning to set up a special economic zone (SEZ) software development facility in Visakhapatnam. It is planned to be a seven-storied 1,000 employees facility. Currently, the company has a seven acre campus that is located on NH-16 opposite the Tech Mahindra facility at Satyam Junction. It houses 300 employees [...] Continue Reading »
Bangalore has always been an attractive destination for occupiers, but now, with its landlocked area, competitive rentals and infrastructure initiatives, the Peripheral Business Districts (PBDs) of Outer Ring Road (ORR) and Whitefield have been performing well and garnering some serious interests. More recently, north-east and north Bangalore have also come into prominence. Good connectivity and [...] Continue Reading »
The Haryana government approved Reliance Industries’ proposal to opt out of an SEZ in Gurgaon and said it will reimburse R343 crore, lower than the R1,172 crore demanded by the company, for taking back the land. CM Bhupinder Singh Hooda told reporters the proposal of RIL was approved by the state Cabinet at its meeting. [...] Continue Reading »
