The central government has notified that all notified and existing Special Economic Zones (SEZs) shall be deemed to be multi-sector economic zones. This would release land parcels in single commodity SEZs for other sectors.
The aim is to get more entities to set up manufacturing facilities in SEZs and to help developers to monetise their unutilised land, say sources. This amendment to the SEZ rules of 2006 ensures units from two or more sectors can start operations in any, including trading and warehousing.
Besides, the minimum area required for an SEZ or Free Trade Warehousing Zone (other than for information technology, IT-enabled