The government on Tuesday gave a green signal to the fresh proposals for setting up the special economic zones. However, most of the proposals related to IT and ITES followed by the bio-technology sector.
The Board of Approval in the Commerce Ministry gave its nod to Gulf Oil Corporation as well as L & T, Emaar MGF and MM Tech to set up IT/ITES tax-free enclave in Bangalore, Mumbai, and Chenagamanadu (Kerala), respectively. Moreover, the board also sanctioned three bio-technology SEZs for Bangalore, Anantpur (Andhra Pradesh) and Ratnagiri (Maharashtra).
However, two multi-product and multi-services SEZs would come up at Kotamandal in Andhra Pradesh and Nasik in Maharashtra.
The Board of Approval in the Commerce Ministry gave its nod to Gulf Oil Corporation as well as L & T, Emaar MGF and MM Tech to set up IT/ITES tax-free enclave in Bangalore, Mumbai, and Chenagamanadu (Kerala), respectively. Moreover, the board also sanctioned three bio-technology SEZs for Bangalore, Anantpur (Andhra Pradesh) and Ratnagiri (Maharashtra).
However, two multi-product and multi-services SEZs would come up at Kotamandal in Andhra Pradesh and Nasik in Maharashtra.
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