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"These SEZs are aimed at growing IT & ITES firms choosing to set-up centres in adjoining areas of Tier-1 cities in view of the global economic pressures to reduce costs and maximise returns," Chairman and Managing Director Pranav Ansal said.
The firm currently has approval for setting up IT SEZs in Greater Noida, Gurgaon and Mumbai. Construction of some of the projects have already begun and these are expected to be completed in 5-7 years, the company said.
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