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Category: SEZ

Centre Approves 91 SEZs

The Centre has approved in principle 91 SEZs for Andhra Pradesh, the highest in the country, Andhra Pradesh Major Industries Minister Dr Geetha Reddy said on Wednesday. She told reporters here that of the 91, work for 64 SEZs...

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SEZs Get Nod To Prune Area

Six major SEZs have clipped the size of their projects, foregoing potential tax gains for them. The developers have got the commerce ministry nod to de-notify parts of their tax-free enclaves for better viability. The projects...

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Lucrative SEZ Power Projects

New guidelines issued by the commerce ministry have made setting up of power plants within Special Economic Zones (SEZs) more lucrative than outside. The guidelines, which cover both stand-alone electricity generating zones and...

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Slowdown blues for SEZs

With slowdown in economic activities, scores of leading SEZ promoters, including Infosys, Hindalco and NIIT, have been given extension by the Commerce Ministry for developing the tax-free enclaves. However, the Board of Approval...

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DE-NOTIFY APPAREL SEZ: GIDC

According to an up-date from the Surat Apparel Park Association (SAPA), which is a trade body of the apparel manufacturing export units in the Surat Apparel Park SEZ, Gujarat, three of the 11 units have shut down their plants....

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Satyam gets 1-yr extension for SEZs

NEW DELHI: The government has granted a year’s extension to Satyam Computer Services for completion of three special economic zones (SEZs) in Andhra Pradesh, giving elbow room to the new management of the IT firm. The...

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RIL told to approach SC on SEZ land buy

MUMBAI: The Bombay High Court on Friday dismissed Mukesh Ambani-promoted Mumbai SEZ’s plea for speedy completion of the land acquisition process and asked the company to approach the Supreme Court because several other...

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DLF may gain from SEZ closure

KOLKATA: DLF has the potential to gain from losing the SEZ status for its second IT/ITeS centre in Rajarhat on the northern fringes of Kolkata since a denotification would free it of the numerous restrictions imposed on the kind...

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