board of approvals of the special economic zones (SEZs) today sanctioned two proposals
from Infosys Technologies Ltd for setting up SEZs in Andhra Pradesh.
applications for setting up SEZs, including three proposals for conversion of
in-principle approvals to formal approvals were taken up for clearance.
has also given in-principle approvals for a multi product SEZ by Ispat Industries
Limited and a biotech SEZ by Veritas Infrastructure Development Limited, both
of which will be located in Maharashtra
to the G K Pillai, chairman, board of approvals, formal approvals have been
granted for 362 SEZs out of which 136 have been notified. The estimated investment
in the notified SEZs is estimated at Rs45,377 crore and the potential for providing
direct employment is 38,405.
nine proposals would be taken up for clearance at the BoA'' next meeting on August