Friday, May 2, 2008

SEZ Talk Over 18 Proposals For Clearance : Postponed

The Board of Approvals for Special Economic Zones (SEZ), which met on May 1 to talk over 18 proposals for clearance, postponed decision till May 16 when it would meet again. The BoA, which met under the chairmanship of the Commerce Secretary Mr Gopal K.

Pillai, had several important SEZs, comprising the Bangalore International Airport SEZ, two SEZ proposals at Noida and Pune each by DLF Ltd and two SEZs of Ansal Properties and Infrastructure Ltd in Lucknow, Uttar Pradesh. So far, 453 formal clearances for opening SEZs have been agreed under the SEZ Act, 2005, out of which 210 SEZs have been notified. These cover multi-product and sector-specific SEZs for manufacturing industries in areas such as textiles and apparels, leather and footwear, gems and jewellery, engineering, agro and food processing industry pharmaceuticals and chemicals.

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