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GANDHINAGAR: Three new special economic zones (SEZs) have been proposed in Gujarat after a gap of almost two years, even as several developers are dropping their proposals.

The Gujarat industry & mines department has given in principle clearance to the proposals worth Rs 483 crore and will soon propose it to the

Government of In
ia's SEZ Approval Board.

Essar group-owned Vadinar Oil Terminal Limited has proposed a sector specific FTWZ (free trade and warehousing zones) on 47 hectares of land at Vadinar in Khambhaliya taluka of Jamanagar with an investment of Rs 156 crore.

United Liner Agencies of India Pvt Ltd has proposed an SEZ FTWZ at Bharapar in Gandhidham taluka of Kutch. The company plans development on 54.5 hectares of land with an investment of Rs 207 crore. The company has 29 hectares of land and has demanded additional land from the state revenue department.

The third proposal is from Intermarket(India) Pvt Ltd for a sector specific Textile SEZ at Vatra block in Khambhat in Anand. The developer has proposed to invest around Rs 120 crore. The promoter possesses half of the land from required 50 hectares and negotiating for the remaining land from private owners.

Kutch-based OPG Power Gujarat Pvt Ltd has also applied for change of sector specific power sector to engineering sector and also reduce the SEZ size from 104.72.24 hectares to 55.24 hectares.

Ahmedabad-based City Gold Realities Pvt Ltd has also applied for denotification of their IT/ITES SEZ proposed at Sanathal in Sanand on 10.51 hectares of land.

Another Ahmedabad reality major N G Reality Pvt Ltd has also applied for denotification of its 217-hectare engineering SEZ at Bavla and Sanand on the outskirts of Ahmedabad.

At present, there are 57 SEZs in Gujarat, of which three are functional SEZs before enactment of Act, 12 are notified and functional SEZs, 17 are notified SEZs, 11 are formally approved SEZ projects and 14 have in principle approval projects. Around eight SEZs have applied or got approval for denotifiation or reduction in size or sector change.

Proposed investment by the developer as well as units in SEZs in Gujarat (May 2013) are Rs 31433.56 crore, proposed employment is Rs 21.66 lakh and proposed area is 36869 hectares.

Gandhinagar: three new special economic zones (SEZ) are dropping their proposals, many developers as well as after a gap of almost two years in Gujarat has been proposed. RS industries & mines Department of Gujarat, 483 million has been approved in principle proposals and soon India special economic zone Government proposal of Board approval. Warned oil terminal owned by Essar group Ltd., with an investment of RS 158 crore in Khambhaliya Taluka of Jamnagar warned in a specific area of 47 hectares FTWZ (free trade and warehousing zones). India Pvt. Ltd. United liner agencies in Bharapar Taluka of Kutch from a proposed sez FTWZ. The company has land with an investment of RS. 210 million 54.5 hectares development plan. The company has 29 hectares of land and the State Department has sought additional lands. The third proposal is a region in the Cambay in Vatra block enjoy special textile sez for Intermarket (India) private limited. The developer invested 120 million bucks around have to offer. Promoter needed 50 hectares of land from private owners and the remaining half of the country for talks. OPG power Gujarat private limited located in Kutch also changes to specific areas in the field of engineering is applied to the power sector and also to reduce the size of 55.24 104.72.24 ha ha sez. Ahmedabad city gold realities Pvt Ltd to cancel notification of their it applications/ITES 10.51 hectares of land at sanand in Sanathal the proposed sez. Pvt Ltd has also its 217 hectares to cancel notification of engineering applied to another on the outskirts of Ahmedabad, Ahmedabad-reality head NG reality in sanand in demented and sedge. Currently, three are functional before the coming into force of the Act sedge which Gujarat 57 special economic zones, there are 12 are functional notified sez, 17, are 11 formally notified sez sez projects approved and approved 14 theoretical projects. Around eight sedge or denotifiation or to reduce the size or area changes approved. In Gujarat, sez (may 2013) proposed by the developer as well as units in the investment of RS 31, 433.56 million, the proposed employment is the proposed area 21.66 million and RS 36869 hectares.


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Daily Export Import News - 04 March 2014

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Date News Title Source
04-03-2014 3 new SEZs proposed in state after two-year gap Times Of India
04-03-2014 Rupee recovers to 61.83 per dollar after opening lower Livemint
04-03-2014 Government to soon decide on FDI policy in railways: Anand Sharma NDTV
04-03-2014 Government removes minimum export price on onions NDTV
04-03-2014 Anand Sharma sees exports crossing $300-bn mark Business Standard
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