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SEZ

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AMD exploring alliances to set up chip plant

Thursday, November 29th, 2007

The 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, 2007

Government 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.

Gitanjali Gems to shift manufacturing to Hyderabad SEZ

Monday, November 19th, 2007

The Rs 2,500-crore Gitanjali Group will shift its jewellery manufacturing base to Hyderabad to free up land worth $80-100 million in Mumbai.

Site for specific SEZ tentatively finalised

Friday, November 16th, 2007

A high-level team that visited Krishna district on Wednesday and Thursday to select the location for an “exclusive value-added marine products Special Economic Zone (SEZ)” tentatively finalised a site of 260 acres in the limits of Karagraharam village near Machilipatnam from a list of a few shortlisted places.

State threatens to take back land

Monday, November 12th, 2007

The State government said that land given to entrepreneurs in Special Economic Zones will be taken back if industries are not set up within three years.

Farmers vow not to allow teams for land survey

Sunday, November 11th, 2007

Farmers, who are seething with anger against bauxite mining in the agency area, have taken a pledge not to allow survey teams for acquisition of lands for Ras Al-Khaimah’s aluminium refinery under the pretext of developing a Special Economic Zone.

Ramkey Group Plans India`s First Pharma SEZ

Wednesday, November 7th, 2007

Andhra Pradesh is to house the country’s first Special Economic Zone (SEZ) for Small and Medium Enterprises (SMEs).
The first phase of the project, meant to house about 60 SME pharmaceutical manufacturing units in 200 acres of land is to be ready by mid-2008.

Betting big on SEZs as job creators

Wednesday, October 31st, 2007

The Andhra Pradesh Government is betting big on the establishment of special economic zones (SEZs) across the State both in terms of boosting the economy and importantly for job creation.

Work on petro complex to begin next year

Monday, October 29th, 2007

Close on the heels of allotment of site by the AP Industrial Infrastructure Corporation, Hindustan Petroleum Corporation Limited is poised to launch work on a greenfield refinery and petrochemical complex between Rambilli and Atchutapuram next year.

SEZ for export of marine, aqua products at Masula

Monday, October 29th, 2007

A Special Economic Zone (SEZ) at Machilipatnam for export of marine and aquaculture products is being planned in association with the Marine Products Export Development Authority (MPEDA), Minister for Animal Husbandry, Dairy and Fisheries Mandali Buddha Prasad said on Monday.

Ocean India unit coming up

Saturday, October 27th, 2007

Ocean India laid the foundation stone for the construction of its state-of-the-art knit fabric manufacturing unit at Brandix India Apparel City (BIAC) in Visakhapatnam.

Kokapet land auction cleared

Friday, October 26th, 2007

The High Court on Friday dismissed a petition pertaining to land used in the Kokapet Golden Mile project. A division bench comprising Chief Justice G.S. Singhvi and Justice C.V. Nagarjuna Reddy dismissed the petition filed by K.S.B. Ali and others who contended that the Hyderabad Urban Development Authority has proposed to sell 100 acres of […]

Infrastructure to be developed for 49 SEZs

Thursday, October 25th, 2007

The Government will allocate Rs.750 crore over the next five years to develop infrastructure in 39 of the 54 special economic zones (SEZs) with which the AP Industrial Infrastructure Corporation (APIIC) is to be associated with.

AP Govt to invest Rs 750 cr in SEZ infrastructure

Wednesday, October 24th, 2007

The Andhra Pradesh Government is set to invest about Rs 750 crore to develop infrastructure in 39 special economic zones (SEZs) of the 54 cleared by the Centre.

CM favours 10 pc lands in IT SEZs to SMEs

Tuesday, October 23rd, 2007

Chief Minister YS Rajasekhara Reddy today favoured the proposal to allot at least 10 percent lands in the Special Economic Zones (SEZs) being established in and around Hyderabad for Small and Medium Enterprises in information technology (IT) sector with 10 percent subsidy in the land cost.

2 new IT cities to come up in State

Tuesday, October 23rd, 2007

The State government has decided to create two new information technology cities in Mahbubnagar and Ranga Reddy district besides earmarking 10 per cent of the space for the IT sector in SEZs.

MAS gets 750 acres

Tuesday, October 23rd, 2007

Sri Lanka-based MAS Holdings Private Limited, the largest manufacturers of lingerie, foundation garments and leisure wear in Asia, has been allotted 750 acres by the State government to set up a Rs 1,200-crore integrated apparel park in Chintavaram village of Nellore district.

Vizag Pharma City nears completion

Tuesday, October 23rd, 2007

The infrastructure at the Jawaharlal Nehru Pharma City, country’s first pharma industrial estate, which is being developed by the Ramky group near Visakhapatnam, is almost ready.

Titan Energy, SP Soft to set up operations in Fab City

Tuesday, October 16th, 2007

Hyderabad-based Titan Energy Systems Limited and SP Soft Embedded IT Solutions have announced plans to set up operations in the upcoming Fab City here.

Tenants want SEZ in Vizag scrapped

Tuesday, October 16th, 2007

AIIPC forcing us to convert sale deals into leases, they tell commerce ministry.

SEZ for IT in Kadapa finds no takers

Tuesday, October 16th, 2007

The IT SEZ in Kadapa district is not all that hot. No developer is taking the bait.

SEZs defy critics, begin to deliver the goods

Sunday, October 14th, 2007

SEZs defy critics, begin to deliver the goods Contrary to criticism, special economic zones (SEZs) have started delivering the goods so far as exports, employment and industrialisation are concerned.

25 more SEZs planned in State

Sunday, October 14th, 2007

Six are to be developed by APIIC and 19 by private parties
Twenty-five more special economic zones (SEZ) in the State involving allotment of 9,250 acres of land near Hyderabad and other urban agglomerations have been formally approved by the State Government.

SEZs in State to get tax benefits

Monday, October 8th, 2007

The State government will issue orders to extend incentives to Special Economic Zones because the AP SEZ Act 2005 has not been considered by the Centre yet.

Kokapet to get another IT SEZ

Saturday, October 6th, 2007

Another IT special economic zone with 40 per cent residential area will come up at Kokapet in 275 acres of land.
Already an exclusive SEZ for IT and IT-enabled service firms in 119 acres of land is getting ready at Kokapet by November this year.

Lehman Bros, Morgan Stanley Eye 40% Of Parsvnath SEZs

Thursday, October 4th, 2007

Delhi-based real estate developer Parsvnath Developers (PDL) is learnt to be in talks with US-based global financial investors Lehman Brothers and Morgan Stanley for divesting equity in the company’s Special Economic Zones (SEZ) projects.

AP To Acquire 2000 Acres From Vizag Farmers

Tuesday, October 2nd, 2007

The Andhra Pradesh Cabinet on Monday gave a go-ahead for acquiring 2,109 acre land in addition to the existing land acquired for the 9,000-acre AP Special Economic Zone (APSEZ) at Visakhapatnam at the rate of Rs 5 lakh per acre compensation to the land losers.

SEZ Displaced In For A Better Deal

Friday, September 28th, 2007

People affected by the Special Economic Zone (SEZ) are in for a better package than the one announced under the Resettlement and Rehabilitation policy of the government, according to sources in the SEZ management.

First IT unit at SEZs nearing completion

Thursday, September 27th, 2007

The first unit in the two IT-specific Special Economic Zones at the picturesque Rushikonda will be operational in two to three months.

Jawahar Pharma City to begin operations soon

Tuesday, September 25th, 2007

The Jawahar Pharma City, Visakhapatnam, is all set to witness hectic activity as many units are ready to begin operations soon.

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