New Delhi India approved 26 proposals on 5 June to set up special economic zones (SEZs), including those of Reliance Industries Ltd and Wipro Ltd project, a senior official said.
Reliance plans to come up with a multi-services SEZ spread over 440 hectares of land in Gurgaon near New Delhi, while Wipro is to come up with a project for information technology services in Hyderabad, Commerce Secretary G. K. Pillai told reporters.
Nine other proposals got in-principle approval, including one multi-product port-based zone at Rewas in Maharashtra state that is being co-promoted by Reliance Industries, he said.
Last month, India ended a two-month freeze on approvals of the large tax-free industrial enclaves created to boost industrial and export growth. There have been protests from farmers and landowners over plans to acquire land for the SEZs.
Indiabulls Industrial Infrastructure Ltd. received approval for a multi-product SEZ in Nashik and in-principle approval for a similar zone in Thane, both in western Maharashtra state.
DLF Ltd got in-principle approval for a textile SEZ in West Bengal.
GMR Hyderabad International Airport Ltd, part of GMR Infrastructure Ltd, received approval for a multi-product SEZ within its airport project in Hyderabad.
The Rewas multi-product SEZ will be part of a green-field port project. “It will be given formal approval once they acquire land for the project,” Pillai said.
Last month, on 31 May, the Indian government approved 23 proposals to set up special economic zones (SEZs), including one from the Tata group, ending a two-month freeze on approvals of the large tax-free industrial enclaves created with the aim of boosting industrial and export growth.
Approvals had been frozen after thousands of farmers across the country had protested against the government’s compulsory land acquisition at some sites, claiming they had not been adequately compensated.
Last Thursday, a federal SEZ approval authority gave formal approval to 23 proposals and granted in-principle approval to six others.
It deferred a decision on Reliance Industries Ltd’s proposed SEZ near Mumbai, commerce secretary G.K. Pillai told reporters.