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
Moneywiz Live!
this
Users
Comment
article