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TIDCO and CCCL Infrastructure to set up food processing SEZ in Tuticorin

TIDCO 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.

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