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Business News/ Politics / News/  India approves 18 special economic zone
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India approves 18 special economic zone

Reuters

India approves 18 special economic zone

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New Delhi: India on Monday approved 18 special economic zones including by group firms of Bharat Forge and JSW Steel, the federal commerce ministry said.

JSW Bengal Steel, a subsidiary of JSW Group, plans to set up a tax free zone in West Bengal, while leading auto component maker, Bharat Forge, plans a multi-products SEZ in Maharashtra, the ministry said in a statement.

The Board of Approvals (BoA) granted formal approval to 18 SEZ proposals and gave in-principle nod to 10 tax-free zones.

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Published: 23 Sep 2008, 11:19 AM IST
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