SEZ
« Previous EntriesIT SEZs In Hyderabad Face Problem Of Plenty
Sunday, August 10th, 2008Commercial office space in the IT special economic zones (SEZs) in the city will face a problem of plenty with at least two million sq. ft remaining unabsorbed by this year-end.
Aerospace SEZ At Adibhatla Gets A Jumpstart
Friday, July 18th, 2008The Government’s plans to project the city as an aviation hub received a major boost with the Tata Advanced Systems Ltd (TASL), promising huge investments in the aerospace sector.
Maytas Properties To Develop Three IT SEZs
Sunday, July 13th, 2008Maytas Properties, a real-estate infrastructure company backed by the promoters of Satyam Computer Services, has lined up three IT special economic zones (SEZs) in the State capital in a total extent of 148 acres.
These three SEZs would have an aggregated built up area of 16.5 million sq ft. “All these SEZs would have residential projects, […]
Fab City To Turn Hub For Alternative Energy
Thursday, July 10th, 2008Fab City, conceived to be developed as the largest cluster of semi-conductor manufacturing units in the country, appears to be heading to become the largest hub for alternative energy given the current industry preference to set up more photovoltaic or solar cell units.
SEZ Rentals Turn Too Big For Smaller IT Companies
Saturday, July 5th, 2008Lack of clarity over norms to operate inside an IT special economic zone (SEZ) has put IT-ITeS companies in a dilemma as they plan to migrate all new IT contracts to an SEZ. Both SEZ developers and IT companies cite gray areas on basic issues like deployment of existing manpower, revenues and whether some part […]
Sleepy Southern Areas Wake Up To A New Growth Phase
Thursday, June 26th, 2008Nellore and Chittoor districts in southern Andhra Pradesh are set to become the state’s manufacturing hub in the next five to 10 years.
Factors like a push from the state government, proximity to Chennai and Bangalore, readily-available infrastructure and vast land (about 25,000 acres), are changing the face of these areas, which have large multi-product special […]
Notices Served On Fab City ‘Giants’ - SemIndia and Nanotech
Monday, June 23rd, 2008With no significant progress achieved in Fab City, the much-hyped hub for semi-conductor and electronics manufacture on a 1,000-acre site on the city outskirts, the government has served notices on its co-promoters SemIndia Fab Private Limited and Nano-Tech Silicon India Private Limited.
Article: Nanakramguda, The Downtown Of Hyderabad
Sunday, June 15th, 2008Nanakramguda has virtually become the center of all developments - Madhapur on one side, Gopanapally/Tellapur on one side, Puppalaguda/Manikonda on one side and Narsingi/Kokapet on one side - all areas the current and future destinations of Information Technology companies.
Kenexa Opens $10m Software Development Center In Vizag
Thursday, May 22nd, 2008Â Photo courtesy of Kenexa
Kenexa Corp., an American firm that specializes in helping other companies attract and retain employees, has expanded its footprint in India with the recent opening of a new $10 million software-development center in the eastern Indian port city of Visakhapatnam.
Creating Classy Commercial Space
Sunday, May 18th, 2008Jones Lang LaSalle’s first QR takes a re-look at business districts after repeal of ULCA, writes K. Srinivas Reddy.
If one expected that the shift of airport from Begumpet to Shamshabad would reduce the demand for office space in core areas of the city and also on the suburbs, one would be mistaken. The airport relocation […]
Mangalagiri SEZ: UDA Finalises Developer
Thursday, May 15th, 2008The Vijayawada, Guntur, Tenali, Mangalagiri Urban Development Authority (VGTMUDA) on Thursday finalised the name of the developer for the proposed Special Economic Zone at Amaravathi Township in Mangalagiri with only one firm bidding for the 40-acre site earmarked for Information Technology and IT Enabled Services.
Satyam to continue its shopping spree
Sunday, May 11th, 2008Draws up $125-m capital expenditure in 4 SEZs
With six acquisitions in about 18 months, and sitting on a cash pile of over $1 billion (Rs 4,000 crore), IT services provider Satyam Computer continues scouting for more acquisitions, according to the company’s Chief Financial Officer, Mr Vadlamani Srinivas.
The company has invested $250 million (Rs 1,000-crore) in […]
Caparo aerospace park may land at Hindupur
Thursday, May 8th, 2008Caparo Group, one of the world’s largest industrial houses promoted by Lord Swraj Paul, is planning to set up an aerospace park at Hindupur in AP.
The group is seeking about 1,000 acres. While the government is yet to take a decision, the project is expected to herald a new era in aerospace-related activity.
Hungry Hyderabad hogs IT-driven SEZ space
Wednesday, March 12th, 2008By 2010, an estimated 60-70 million sq ft of IT/ITeS specific commercial office space is expected to come up through special economic zones alone in India. And out of the seven cities where such zones are coming up, Hyderabad leads the pack with about 30 per cent (25 million sq ft) of the total expected […]
Hiranandani setting up multi-services SEZ in Hyd
Friday, March 7th, 2008Mumbai-based Hiranandani Group, a leading real estate developers, has announced the setting up of a 250-acre multi-services special economic zone (SEZ) on the outskirts of Hyderabad in association with city-based Lahari Infrastructure Limited as a 50:50 joint venture.
Satyam lines up Rs 800 cr investment in SEZs
Tuesday, February 19th, 2008Having received clearance to set up five special economic zones (SEZ) - two in Hyderabad and one each in Nagpur, Chennai and Vizag - Hyderabad-based Satyam Computer Services will invest $200 million, or around Rs 800 crore, in the first phase of development.
‘Electronic City Project’ At Chevella To See Some Movement Soon… !!??
Sunday, January 13th, 2008Source: Eenadu
Faced with a severe paucity of land, the state government is now eyeing Wakf land for developing infrastructure projects in the vicinity of the rapidly growing Hyderabad. For starters an electronic city is being proposed to be co-developed along with the Wakf Board at Alur on the outskirts of the city.
Georgia Tech plans SEZ
Sunday, January 13th, 2008The world-renowned Georgia Institute of Science and Technology (Georgia Tech) has sought 250 acres of land in order to set up a special economic zone (SEZ) focusing on research and industrial collaboration apart from the offshore campus that the institute is planning on the outskirts of Hyderabad.
Caparo group to invest Rs 3,500 cr in AP
Sunday, January 6th, 2008London-based Caparo Group — a manufacturer of steel, automotive and general engineering products — will invest Rs 3,500 crore in setting up an automotive and aerospace components park in Naidupet in Nellore.
IFFCO to set up agriculture, food processing SEZ in AP
Saturday, January 5th, 2008The Centre is expected to approve on January 2 an SEZ project in Andhra Pradesh by fertiliser cooperative IFFCO for agri and food processing, a senior state government official said.
The Indian Farmers Fertiliser Cooperative Limited (IFFCO) plans to invest more than Rs 2,000 crore to develop the duty-free enclave in Nellore district on some 2,000 […]
AP hits four, Centre will not denotify SEZs in Goa
Thursday, January 3rd, 2008The Centre on Wednesday gave final clearance for three Special Economic Zones in Andhra Pradesh and okayed another in principle, taking the number of SEZs in the state to 54. It also said that the three notified SEZs in Goa cannot be denotified despite the decision of the Goa Chief Minister, Mr Digambar Kamat, to […]
Pharma City on course?
Monday, December 31st, 2007Normally a project of this magnitude would have invited resistance from several quarters but surprisingly, the plan for the Pharma City project launched in 2004 has gone down well with opposition parties except for a murmur of protest over the blanket environmental clearance.
Not Yet ‘Fab’ulous
Monday, December 31st, 2007The government’s fab policy, intended to encourage chip manufacturing in India, has not quite hit its target. While the government has received proposals worth $6.2 billion, none are for setting up chip manufacturing. In fact, SemIndia, which had announced plans to set up a $3-billion chip-making facility in Hyderabad, has not yet submitted its proposal. […]
Brandix Apparel City to go on stream next year
Thursday, December 20th, 2007Brandix India Apparel City (BIAC) at Atchyutapuram in Visakhapatnam district, awarded the SEZ status, will start commercial production by the second quarter of 2008-09 financial year, according to Mr Reshan Wickramasinha, Chief Executive Officer.
Iffco plans multi-product SEZ in Nellore
Monday, December 10th, 2007Indian Farmers Fertiliser Cooperative Limited (Iffco) is planning to set up a multi-product SEZ with a focus on agri and food processing industry on 2,700 acres in coastal district of Nellore in Andhra Pradesh.
Apache`s SEZ appeal in rural Andhra
Monday, December 10th, 2007It is an impromptu court at Tada, a village in the Nellore district of Andhra Pradesh. A group has collected on the sidewalks of the highway connecting Chennai with Kolkata, between vast expanses of paddy fields on either side.
Eisai unit coming up in Pharma City
Friday, December 7th, 2007Eisai Pharmatechnology and Manufacturing Private Ltd. (EPM) on Thursday celebrated its ground-breaking ceremony held earlier this week for new manufacturing and research base in India on a 50-acre plot in Jawaharlal Nehru Pharma City Special Economic Zone near here.
Bio-diesel unit at Vizag
Wednesday, December 5th, 2007Southern Online Bio Technologies Ltd will set up its second bio-diesel unit at the multi-product SEZ near Visakhapatnam at a cost of Rs 90 crore.
AMD exploring alliances to set up chip plant
Thursday, November 29th, 2007The firm has already signed a technology transfer deal with SemIndia, which is setting up a fab plant near Hyderabad
New policy for SEZs on anvil
Saturday, November 24th, 2007Government is in the final stages of formulating a new policy for compensating villagers whose land is taken for Special Economic Zones envisaging increase in solatium up to 100 per cent, Home Minister Shivraj Patil said on Friday.
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