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SEZs News

Aviation Industry

23 Jun 2016

Govt mulls converting unused airports into SEZs

The government is looking at converting some unused airports into special economic zones where aircraft leasing companies can park their planes and showcase them to potential customers, a senior official said .

Mahinda Lifespacers

28 May 2015

Mahindra Lifespaces, Sumitomo Corp tie up for industrial park

Both the companies will jointly be investing around Rs 375 crore with combination of debt and equity, which is likely to be equal.

08 Apr 2015

Insurers allowed to set up offices in SEZs

Domestic and foreign insurance companies have been allowed to set up IFSC Insurance Office in special economic zones if they meet certain conditions.

Nirmala Sitharaman

11 Oct 2014

Review of FTAs almost finalised: Sitharaman

"We did review the FTAs as well as the SEZs and the process is almost in the final stages," Sitharaman told reporters after a meeting on the jute industry here.

24 Sep 2014

Unitech, UCP get BoA approval for stake sale in 5 SEZs

UCP and realty major Unitech are jointly developing five special economic zones (SEZs) and one IT Parks in Gurgaon, Noida and Kolkata. In these six projects, UCP holds 60 percent stake and Unitech 40 percent.

Hindalco Industries

09 Sep 2014

Govt may cancel SEZs of Hindalco, Essar, Adani

Government is likely to cancel the approvals granted by it to nine companies including Hindalco Industries, Essar and Adani for setting up of special economic zones as no work has been done to execute the projects.

07 Sep 2014

Manufacturing units in SEZs may get tax sops

Export promotion body for special economic zones has asked the Finance Ministry to roll back or reduce the minimum alternate tax (MAT) and dividend distribution tax (DDT) on SEZs.

Special Economic Zones

23 Aug 2014

SEZs to get fresh fillip under Modi government, says Minister

Special Economic Zones have not performed to their full potential in the past ten years and so the NDA government is planning to tweak policies to make them more productive and viable, said Union Minister of State for Commerce and Industry Nirmala Sitharaman on Saturday.

31 Jul 2014

India, Japan decide to sort out issues concerning SEZ

Japan is assisting India in the development of industrial corridors including Delhi-Mumbai Industrial Corridor.

Economic Survey

09 Jul 2014

Economic Survey 2013-14: Need clear signal to revive economic zones

The Economic Survey Wednesday pitched for giving a "clear signal" to the developers and units of Special Economic Zones as fresh investments have slowed down in SEZs in the recent years.

05 Jul 2014

Assocham seeks tax incentives, infra status for ports in Budget

Industry body Assocham has sought tax incentives, market-linked tariff rates and grant of infrastructure status to the port industry in the upcoming budget for turning India's coastline into a growth catalyst.

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