SEZ

Odisha MP opposes SEZ status to Posco

Rajya Sabha MP from Odisha Pyarimohan Mohapatra on Saturday strongly opposed SEZ status and raw material commitment to the South Korean steel major, Posco, by the state government.

Nitish says, he stands vindicated on opposition to SEZ

Bihar Chief Minister Nitish Kumar
on Friday said that he stood vindicated on his opposition to the
Special Economic Zone (SEZ) amid its failure to serve the
purpose for industrial development in the country.

JD(U) welcomes Maha govt`s move to scrap SEZ in Raigad

The Maharashtra government has decided to scarp Reliance-led Maha Mumbai Special Economic Zone in Raigad and allow farmers to utilise their land.

2 former Goa CMs helped allot land to SEZ: Parrikar

Opposition Bharatiya Janata Party
(BJP) in Goa on Wednesday alleged two former state chief ministers
Pratapsinh Rane and Luizinho Faleiro had allegedly facilitated allotment of land to the Special Economic Zone (SEZ) land scam.

Govt scraps 18 special economic zones

The government Tuesday informed the Lok Sabha that 18 special economic zones have been scrapped on the back of developers being impacted by the global economic slowdown.

Dahej SEZ attracts dozen firms after getting MoEF clearance

After getting environmental
clearance from Ministry of Environment and Forest (MoEF),
the Dahej SEZ is likely to attract investment from over a
dozen new companies, a top official said Thursday.

Farmers concerned over land acquisition in Gujarat

Over 3,000 farmers voiced their
concern against land acquisition for industrial purpose at a
public hearing organised by civil society organisations in
Ahmedabad on Sunday.

Developers rush to get rid of SEZs in 2009

The mad rush to set up Special Economic Zones that house export-oriented manufacturing units three years ago turned cold in 2009, as demand for commercial space waned due to the global meltdown.

Draft direct tax code creates uncertainty for SEZs: EPCES

The draft direct tax code that would lead to the overhaul of the Income Tax Act, has created uncertainty among the developers of special economic zones over continuation of the tax sops.

Govt approves 6 new SEZ proposals

The government on Tuesday approved six
proposals for setting up of special economic zones, including
that of gems and jewellery SEZ by Delhi State Industrial and
Infrastructure Development Corporation Ltd.

Govt defers decision on de-notification of Essar`s Hazira SEZ

The government on Tuesday deferred a
decision on privately held Essar Steel`s request seeking de-
notification of its sector-specific SEZ in Hazira, Gujarat.

Posco India asked to file fresh proposal for its Orissa SEZ

The Centre on Tuesday asked South
Korean steel maker Posco`s Indian arm to apply afresh for
permission to set up a 12 mtpa plant in Orissa that has been
held up for four years over land acquisition.

Farmers take out rally against land acquisition in Sanand

Around 4000 people, mostly
farmers, today took out a rally against land acquisition by
Gujarat Industrial Development Corporation (GIDC) in villages
near Sanand.

RIL in talks with IL&FS, others for stake sale in Haryana SEZ

With an aim to rope in a strategic partner for its Haryana SEZ project, corporate giant Reliance Industries is believed to be in talks with IL&FS and a couple of other players for part-sale of its stake.

Haryana gets SEZ proposals worth Rs.50,000 cr

Haryana has received more than 100 proposals for setting up special economic zones (SEZs), which will bring investments worth Rs.50,000 crore and create 1.5 million jobs, a senior government official said Saturday.

Mundra Port & SEZ receives LoI from Hazira Port

Mundra Port and Special Economic Zone (MPSEZ) has received a letter of intent from Hazira Port (HPPL) to develop the non-LNG port facilities at Hazira.

Fear of litigation halts SEZ de-notification: Goa CM

Goa Chief Minister Digambar Kamat said fear of litigation had forced the central government to go slow on the de-notification of three special economic zones (SEZ) allotted to the state.

Exports from SEZ to increase by about 15% in 2009-10

At a time when overall outbound
shipments are contracting, the exports turnover from special
economic zones (SEZs) are likely to register a growth of 15
per cent to around Rs 1,15,000 crore this financial year.

RIL plans to bring in strategic associate in Haryana SEZ

Mukesh Ambani-led Reliance Industries is planning to bring in a strategic business partner in its Haryana SEZ project to maximise investment potential in the joint venture unit.

10 developers want to pull out of SEZs; 8 seek more time

The economic slowdown and the
problems in acquiring land is making developers re-think their
SEZ plans and 10 of them have approached the government
for withdrawal of approvals for setting up the tax-free
enclaves.