Oracle, L&T SEZ proposals cleared by govt

The Board of Approval (BoA), chaired by Commerce Secretary Rita Teaotia, has approved five proposals, including those of Oracle India and L&T Construction Equipment, for setting up IT special economic zones (SEZs).

While L&T Construction Equipment has planned two zones in Karnataka, Oracle India has proposed to set up IT and ITeS zone in the state.

Modern Asset and Modern Asset (Phase II) has been given nod for its IT zone in Karnataka. Also, as many as 10 SEZ developers and units have been given time to implement their projects.

Those who have got time extension include The Kandla Port Trust, developer of multi-product SEZ at Kandla, in Gujarat, Golden Tower Infratech, Brookefield Real Estate and Projects and SEZ Biotec Services.

Image Credit :

Research Desk

Next Post

Haryana CM lays foundation stone for Panasonic facility

Tue Apr 4 , 2017
Chief Minister of Haryana Manohar Lal Khattar has laid the foundation stone of Panasonic India’s first refrigerator plant in Jhajjar’s Dadri Toa village. Manish Sharma, president-cum-CEO, Panasonic India, said, “The company plans to invest Rs 115 crore and create a comprehensive ecosystem for manufacturing appliances in the Indian market. The […]
Haryana CM lays foundation stone for Panasonic facility


Blog Stats