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special economic zone

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Government permits Special Economic Zones to outsource for up to 3 years

New Delhi: The first quarter of the current fiscal witnessed a decline of 4.1 per cent in exports from SEZs as compared to the 31 per cent growth during the entire fiscal of 2012-13. Due to the decline in export orders, few SEZ units are struggling to survive. Manufacturing units within Special Economic Zones (SEZs) have […]

CommonFloor Editorial Team
sez

SEZ land monetised by developers

CHENNAI: An interaction of export oriented units (EOU) and special economic zones (SEZ) was organized within the city recently by the Export Promotion Council for EOUs and SEZs (EPCES) in association with the Madras Export Processing Zone (MEPZ) for resolving issues faced by these units.   The responsibility of conducting a study on revisiting SEZs was […]

CommonFloor Editorial Team

IT Development drives realty in Gachibowli, Hyderabad

Gachibowli, a suburb on the north-west part of Hyderabad city, is a major IT hub. It is made up of areas like Gachibowli, Nanakramguda, Manikonda, Raidurg etc. It is located just 5 kms from another IT hub, Hitec city and together they house many prominent IT majors like Microsoft, TCS, Accenture, Wipro, Infoyss, Capgemini etc. […]

ranjan.j

Two AP e-hardware clusters to witness total investments of Rs 3,540 cr

HYDERABAD: The Government of Andhra Pradesh state is gearing up to begin work on two electronic hardware clusters within Hyderabad entailing an investment of Rs 3,540 crore, very soon. Of this investment amount, Rs 940 crore would be spent by the State and Central Governments on developing infrastructure, while the remaining would be invested by private players on setting up manufacturing units. A contribution […]

CommonFloor Editorial Team

SEZ policies to be revised by Government

NEW DELHI: Beset by the declining exports, the government has revisited its policies on special economic zones (SEZs) with the hope of revitalizing the interest of investors. The government is looking at few changes following the demands from industry as well as the state governments.  With the state governments as well as industry’s citing problems pertaining to land acquisition, the department of commerce is considering the relaxation of the minimum area requirement for more sectors within the final amendments in the SEZ rules. State governments have demanded relaxation of […]

CommonFloor Editorial Team

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