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Nest Hi-Tech Park plans electronics SEZ in Kalamaserry

Nest Hi-Tech Park Ltd is planning to set up an electronics SEZ in Kalamaserry in Kochi district of Kerala. It will be set up on a plot area of 1,21,025.54 Sq.m with the total built-up area is 3,61,498.34 Sq.m. The total project cost is estimated at Rs. 270 million.

Kakkancherry Food Processing Industry SEZ ready for launch

Kerala Industrial Infrastructure Development Corporation (KINFRA) which has promoted a food processing specific special economic zone on 30 acres in Kakkancherry in Malapuuram district in Kerala is ready for allotment of units. The SEZ will have a incubation centre and a food technology centre. Incubation centre is being set up with technical support from Defence Food Research Laboratory, Mysore. It also will have a pilot project centre which helps entrepreneurs to test the products and has the facilities like, fermenters, canning, bottling and aseptic processing plants.

High level panel recommends review of SEZ Act

A high level committee panel recommends review of SEZ Act and asked the government to review the following concerns. The government should ban transfer of common property and agricultural land * Concerns of tribals and farmers remain unattended under the SEZ Act * The status of ‘deemed foreign territory’ to SEZs stands to undermine the institutions set up under Panchayats (Extension to Scheduled Areas) Act, 1996 and other local governance bodies. The Act says that grievances related to the SEZs can only be filed with courts designated by the respective state governments, which will only be for trials related to civil and other matters of SEZ. So other court can try a case unless it goes through the designated court first. “Building of a physical boundary around the SEZ and restricting entry to authorised persons only mean it would be difficult for any individual or civil society groups and independent agencies to enter the area without prior approval of the development commissioner,”

Trivitron Medical Technology Park in Sriperumbudur to attract Rs.2500 million

Trivitron Medical Technology Park, which was developed by Trivitron group of companies is investing around Rs.1500 million in the park and it has five inaugural units, including Aloka of Japan. The park is spread over an area of 23.5 acre and is expected to have a built-up area of 500,000 sq.ft over 3 years and to have 10 manufacturing facilities. Other companies which have signed up are Biosystems of Spain, Brandon Medical of UK, ET Cardioline of Italy and Johnson Medical of Sweden.

UL Cyberpark to get SEZ status

UL Cyberpark promoted by ‘Uralungal Labour Contract Co-operative Society’ coming up at 25.11 acres in Nellikode (between Trichur and Mangalore) is to be developed in two phases. The park will have a built up area of 3.1 million sq.ft and the first phase is to get operational by 2011 with 1.4 million sq.ft. This is a first kind of SEZ which is owned and operated by a co-operative society. Among other first, it is also India’s first fully green certified IT park.

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