Tuesday, August 19, 2008

4 SEZ PROPOSALS IN UP SENT TO CENTRE FOR APPROVAL

Virendra Singh Rawat, New Delhi/Lucknow
Business Standard

Acting fast on the special economic zone (SEZ) proposals pending with it, the Uttar Pradesh government has sent four such cases involving an acquisition of over 90 hectares to the Centre for approval, formal or in principle.

Three of the proposals relate to the IT/ITES sector, and one to agro products.

All the fresh SEZ proposals sent to the Centre for approval will be developed in the National Capital Region (NCR) or western UP.

Two proposed SEZs, by CBS International Projects Private Ltd, Noida, on 10.29 hectares, and RC Info Systems Private Ltd in Greater Noida, on 10.08 hectares, have been sent to the Centre seeking formal approval.

The other two, Diamond Software Developers Private Ltd, Noida, on 10 hectares, and Anand Agrochem India Ltd, Aligarh, on 62 hectares, had been sent for seeking in-principle approval, official sources told Business Standard.

At present almost 67 SEZ proposals ranging from IT/ITES, biotech, multi product, leather, handicraft, drugs, textiles, engineering, non-conventional energy and the agri sectors in UP are in various stages of consideration and waiting for approval with the UP government or the Centre.

“Most of these SEZ are proposed to be developed in Noida and Greater Noida, especially in the IT/ITES sector,” a source informed.

The remaining SEZs will be developed in Kanpur, Lucknow, Unnao, Varanasi, Bhadohi, Aligarh, Ghaziabad, Chandauli, Moradabad, Mathura, Dadri, Sikandarabad and Agra.

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