The Ahmedabad-based Adani group has lined up an investment of Rs 2,000 crore for its proposed special economic zone (SEZ) near Mundra port in the next five years.
The Rs 4,500 crore group is expecting an approval from the government and concerned agencies to start work for the SEZ soon. The SEZ is planned to be spread over a 10,000 hectare land.
The Government of Gujarat, which has been sitting on the proposal for more than an year, is learnt to be in the process of forwarding the plan to the Centre.
Once the Centre clears the proposal, the Adanis will start the market survey for the project, one of the most important activities for setting up a SEZ.
