Centre Gives ELCOT More Time To Flag Off SEZs In Madurai, Hosur
The Hindu Business Line|January 11, 2020
Commerce Minister chairs meeting to review Baba Kalyani Committee recommendations.
Amiti Sen
Centre Gives ELCOT More Time To Flag Off SEZs In Madurai, Hosur

The government has extended till May the letter of approval (LoA) given to two proposed IT/ ITES Special Economic Zones being developed by Electronics Corporation of Tamil Nadu (ELCOT) in Madurai and Hosur, as the developer has expressed its intention to operationalise both zones by then.

“Six companies including HCL, Satyam (Mahindra) and Chain-Sys Software have already acquired land in the SEZ in Vadapalanji, Madurai, and the Board of Approval’s (BoA) decision to extend the validity of the LoA till May 7 keeps alive their dream of setting up their units in the zone,” an official told BusinessLine.

HCL, for instance, is planning to develop the 60 acres of land allotted to it in the SEZ by constructing an IT building over 10 lakh sq ft, in the next three to five to five, according to inputs submitted to the BoA by the developer.

هذه القصة مأخوذة من طبعة January 11, 2020 من The Hindu Business Line.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 11, 2020 من The Hindu Business Line.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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