Tamil Nadu SEZ
Tuesday, 27 July 2010 04:11TIDCO and CCCL Infrastructure has signed up a joint-venture agreement to set up a food processing SEZ in Tamil Nadu. The joint-venture will invest Rs.5500 million in phases. In the first phase, Rs.1350 million will be invested to create infrastructure. The Indian government has notified 294 acres of land and the SEZ is expected to attract Rs.25000 million investment.
Friday, 23 July 2010 09:57Cheyyar SEZ promoted by the Taiwan-based Feng Tay group is planning to invest Rs.2500 million to set up production facilities. The company is a supplier for leading sports shoe manufacturer Nike. With demand growing up, it may add capacities in coming up. The SEZ is located in Thiruvannamalai district of Tamil Nadu, roughly 87 kms away from Chennai and it became operational in 2008.
Friday, 23 July 2010 09:56GVK Infratech, a wholly owned subsidiary of GVK Power & Infrastructure and TIDCO is planning to set up a 3000 acres SEZ in Perambalur in Tamil Nadu. It will be a multi product SEZ and will house manufacturing facilities like textiles, leather, engineering goods, pharmaceuticals, power, information technology and information technology enabled services, metals, fertilisers, chemicals, floriculture, horticulture and electronics. The SEZ is likely to attract an investment of Rs.50000 million.
Monday, 28 June 2010 08:45GMR Group, a construction major based in Bangalore had earlier planned to construct a 3300 acres IT and ITES special economic zone in Krishnagiri in Tamil Nadu. Krishangiri is 90 kms away from Bangalore and is closer to Hosur and other IT Zones. However, the project got delayed due to uncertain economy. Now the company has revived and redesigned its plans to set up a solar energy based SEZ which will house manufacturing units of solar photovoltaic based cells and solar films.