Don’t miss the latest developments in business and finance.

Marathon expects Navi Mumbai SEZ to generate jobs

Image
Press Trust of India Canacona (Goa)
Last Updated : Jan 19 2013 | 10:33 PM IST

"The SEZ is spread over three million sq ft of which two million sq ft is planned for IT-ITeS space while the rest is for the social infrastructure and residential purpose," Marathon group's Managing Director Mayur Shah said.    

"The SEZ will be generating 12,000 to 15,000 direct employment besides indirect employment of 2,000 to 3,000," the MD said.     

Shah is in Goa to participate in the IT specific international conference in South Goa, organised by Mecorp Media Group Worldwide (MMG).     

Shah said the new SEZ at Navi Mumbai, few distance away from proposed airport, was getting good response from firms.     

The company targetting the Tier II cities, mostly around Mumbai, have planned its next SEZs in Thane and Panvel.

More From This Section

Shah stated that these SEZs are in planning stage.     

"In the metros, real estate prices are high so we thought about the second tier cities," he added.

Also Read

First Published: Jun 28 2008 | 5:56 PM IST

Next Story