LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

BoA grants 8 formal and 2 In-Principle Approvals

 

The Board of Approval of the Special Economic Zones (SEZs) met on 2nd June, 2009 to consider proposals for setting up of Special Economic Zones and also to approve other miscellaneous requests pertaining to SEZs.  

 

Addressing the Board of Approval members, the Chairman informed that so far 568 formal approvals have been granted for setting up of SEZs out of which 315 have been notified. He further informed that over Rs.1, 08,903 crore have been invested in the Special Economic Zones during this short span of time and direct employment of the order of 3, 87,439 persons has been generated in the Special Economic Zones.  Total export of Rs.99,689 crore have been made from SEZs during the financial year 2008-09 registering a growth of about 50% over the exports made during the year 2007-08.

            In this meeting, 18 proposals for setting up of SEZ were considered.   The Board recommended grant of 8 Formal approvals and 2 In-Principle Approvals.

Formal Approvals:

Three Biotech SEZs one each in Andhra Pradesh, Karnataka and Maharashtra

Three IT/ITES SEZs in Kerala, one each in Karnataka and Maharashtra

In-Principle Approvals:

Multi product SEZ in Andhra Pradesh

Multi services SEZ in Maharashtra  

            Among other items, 4 proposals for grant of co-developer status were also approved.

Proposals for setting up of the SEZs approved in the meeting of BoA held on 2nd June 2009

 

S. No

Name of the Developer

Location

State

Sector

Area (in hectares)

Status

 

 

Formal Approval

 

 

 

 

1

Gulf Oil Corporation Ltd.

Kattigenahalli and Venkatala villages, Yelahanka Hobli, Bangalore

KN

IT/ITES/BPO/Electronic Hardware

12

FA

 

2

Gopalan Enterprises India Pvt. Ltd.

Kundalahalli and Nallurahalli villages K.R. Puram Hobli, Bangalore

KN

Biotech

10.95

FA

 

3

Real Griha Nirman Pvt. Ltd.

Hindupur, Ananthapur District, Andhra Pradesh

AP

Biotech SEZ

28.34

FA

 

4

MM Tech Towers

Chengamanadu Village, Alwye, Kerala

KL

ITES

11.15

FA

 

5

Emaar MGF Land Ltd.

Chengamanadu, Alwaye, Kerala

KL

IT related SEZ

12.17

FA

 

6

Yashprabha Enterprises

A.P. Pathardi, Taluka - Chiplun, Dist. Ratnagiri, Maharashtra

MH

Biotechnology

10.36

FA

 
 

7

Larsen & Toubro Ltd.

Powai, Mumbai, Maharashtra

MH

IT/ITES

10

FA

 

8

Sutherland Global Services Private Limited

Kalamassery, Kochi, Kerala

KL

IT/ITES

10.1175

FA

 

 

In-Principle Approval

 

 

1

Krishnapatnam Infratech Private limited

Chillakur and Kota Mandal, Andhra Pradesh

AP

Multi product

1062

IP

 

2

Maharaja Multitrade Pvt. Ltd.

Village Taloshi, Taluka Igatpuri, District Nashik, Maharashtra

MH

Multi services

106.755

IP

 

 

RJ/MRS

 

"Loved reading this piece by jyoti ?
Join LAWyersClubIndia's network for daily News Updates, Judgment Summaries, Articles, Forum Threads, Online Law Courses, and MUCH MORE!!"




Tags :

  Views  894  Report



Comments
img