The Hindu Business Line
The Board of Approval for SEZs on Tuesday granted formal nod to eight special economic zones, including Larsen & Toubro-promoted SEZ for information technology/ITeS, and in-principle nod to two others.
At its first meeting after the elections, the BoA, headed by the Commerce Secretary, Gopal K. Pillai, considered 18 proposals for establishing SEZs. Among the eight SEZs, three are biotech related — one each in Andhra Pradesh, Karnataka and Maharashtra — three for IT/ITeS in Kerala, and one each in Karnataka and Maharasthra. In the case of in-principle approvals, one is to come up in Andhra Pradesh and the other in Maharashtra for a multi-product SEZ.
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