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Ambanis' SEZs, among 36, cleared

Last updated on: June 22, 2007 14:09 IST

The government panel on special economic zones cleared on Friday 36 proposals, including three zones jointly promoted by Reliance Industries [ Get Quote ] Limited chief Mukesh Ambani [ Images ] and Anand Jain, while granting in-principle approval to nine others.

The Board of Approval, which met in New Delhi [ Images ] on Friday, also cleared Anil Ambani [ Images ] group firm Reliance Infocomm's IT SEZ in Dhirubhai Ambani [ Images ] Knowledge City in Maharashtra [ Images ].

Among those that received in-principle approval was a multi-product zone in Midnapore, which will be the first such in West Bengal [ Images ].

The Mukesh Ambani-Anand Jain promoted projects that were cleared are product specific zones -- biotechnology, light engineering and pharmaceuticals -- and would cover an area of 346 hectare in Navi Mumbai [ Images ].

Also to receive clearance was a hardware manufacturing SEZ promoted by Foxconn, which plans to eventually scale up the zone's size to 100 hectare.
 
India's great rush for SEZs

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