17 get in-principle approvals. |
Suzlon Infrastructure Ltd's proposal for a high-tech engineering zone at Coimbatore was among the eight special economic zones cleared by the government today. It also gave in-principle nod to 17 other zones. |
Indonesian company Salim's proposal to set up one multi-product zone and one chemical zone through the New Kolkata International Development Pvt Ltd in West Bengal, with an estimated investment of Rs 12,500 crore, was also given in-principle approval. |
The inter-ministerial Board of Approval considered 88 proposals for zones in Madhya Pradesh, Rajasthan, Tamil Nadu and West Bengal. |
Seven of the eight cleared zones would be in Tamil Nadu while one was for Madhya Pradesh. |
An official release said the total number of zones cleared now stood at 189 while the number of in-principle approvals had increased to 145. |
The zones that got in-principle approval include Hindalco Industries' aluminium SEZ in Sidhi district of Madhya Pradesh and proposals from Videocon Realty and Infrastructure Ltd for two multi-product and one electronic zone in West Bengal. |
Adani Export Ltd's proposal for a multi-product zone in Rajasthan and TIDCO's multi-product zone in Tamil Nadu also got in-principle approval. |
Those given formal clearance include Madhya Pradesh State Electronics Development Corporation Ltd's proposal for an information technology zone near Gwalior and Lotus Footwear Enterprises Ltd's footwear zone in Tamil Nadu. |