BOA of SEZs grants 11 formal and 1 in-principle approvals | INRnews

21 Jan 2008, Source: INR NEWS

New Delhi, India, January 21, 2008 - The Board of Approval of the Special Economic Zones (SEZs) met here today to consider proposals for setting up of Special Economic Zones and also approve other miscellaneous requests pertaining to SEZs. In this 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 2 requests for conversion of In-Principle Approvals to Formal Approvals) and 1 In-principle approval of a Multiproduct SEZ by Reliance Haryana SEZ Limited in Jhajjar District, Haryana.

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. He informed that over Rs.52193 crores have been invested in these notified SEZs. Direct employment to over 94832 persons have been provided by the new generation Special Economic Zones. This is in addition to the employment provided by the 7 Central Government established SEZs which is over 1.81 lakh persons.

Formal approvals:

·IT/ITES SEZ by Juventus Builders and Developers Private Limited in Raigarh, Maharashtra

·IT/ITES SEZ by Fama Estate Private Limited in Raigarh, Mahatrashtra

·IT/ITES SEZ by Rajiv Gandhi IT Park Co-operative Society Ltd., in Aurangabad, Maharashtra

·Gem and Jewellery SEZ by AEC Marketing Pvt. Ltd, in Dadra Nagar Haveli

·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

·IT/ITES SEZ by Jubilant Infracon Private Limited in Noida, UP

·Biotechnology SEZ by Glenmark Pharmaceuticals Ltd. in Shendre, Maharashtra.

·Gems and Jewellery SEZ by Goldsouk International Gems & Jweellery SEZ Pvt, Ltd. in Gurgaon, Haryana

Conversion of In-Principle Approvals to Formal Approvals

·FTWZ by Haldia Free Trade Warehousing Private Limited in Haldia, West Bengal

·Textile sector SEZ by RNB Infrastructure Pvt. Ltd., in Bikaner, Rajasthan

In principle approvals:

· Multiproduct SEZ by Reliance Haryana SEZ Limited in Jhajjar District, Haryana