This article was first published 19 years ago

TCS, Essar, Infosys get nod for SEZs

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June 12, 2006 19:38 IST

Tata Consultancy Services, Infosys and Essar were among 17 aspirants, who were granted in-principle approval by the government on Monday for setting up Special Economic Zones.

Besides, government gave a final go ahead to five other companies for establishing SEZs for textiles, IT, leather and food processing, official sources said.

Of the SEZs approved on Monday, two are for setting apparel parks by Gujarat Industrial Development Corporation spread over 141 acres and 95 acres.

The animation and gaming SEZ proposed by Kerala Infrastructure Industrial Development Corpoartion spread over an area of 23 acres also got the final nod.

The board of approval for SEZs also cleared a proposal for a 30-arce food processing park and Council of Footwear Manufacturers' proposal for a leather park.

The in-principle approval was granted by the government for a 486-hectare free trade warehousing zone of SemIndia, a consortium of companies which plans a silicon chip manufacturing facility near Hyderabad.

Suzlon's proposal for a 486-hectare SEZ for hi-tech engineering products also got the approval. Essar's proposal for a 270 hectare SEZ for chemicals and Infosys's proposal for a 125 hectare IT park in Bangalore has also got the nod.

IT SEZs promoted by two Tata Group companies -- TCS and CMC -- have received approval along with two SEZs for pharma both spread over 100 hectares -- one promoted by Cadila and another by Hetro Drugs.

CMC is setting up a 20 hectare SEZ in Hyderabad, while TCS along with Ascendas is planning 10 hectare IT park in Bangalore.

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