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.
Diese Geschichte stammt aus der January 11, 2020-Ausgabe von The Hindu Business Line.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der January 11, 2020-Ausgabe von The Hindu Business Line.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Covid Presents An Opportunity For India
India must attract investors exiting China post-Covid. Streamlining of project clearances and relaxation in FRBM norms will help
Did Alternative Assets Shield You From Covid-19 Volatility?
The assets closely linked to stock and debt markets could not stave off the losses
How To Put Aircraft To Bed
Preserving grounded planes, to get them up and flying at short notice, is a challenging task. Ashwini Phadnis captures the process
There Can Be No Going Back On WFH
Covid-19 has fast-forwarded the shift to ‘work from home’. However, some face-to-face connect will always be needed
UN, WHO Urged To Ensure ‘Benefit Sharing' Of Covid-Related Data
Biopharma firms should reach vaccines, medicines to poor nations at an affordable price, say civil society bodies
With No Clear Signal From Rlys, States Explore Ways To Bring Back Migrants
Quarantine centres, cross-country buses being arranged even as migrants hop on to boats, trucks and ambulances
Centre Allows All Neighbourhood Shops To Open But With Riders
Final call will be taken by local authorities; shopping complexes that draw fewer ‘outsiders’ are permitted to operate
Covid Impact Relatively Muted In India
Compared to Italy and the US, India’s rate of infection spread has been slow. This can be attributed to the strict measures in place
How Global Trade Will Fare Post-Covid
China isn’t likely to lose its pre-eminent position soon. India, for one, will need to make manufacturing globally competitive
How To Curb Harassment In The Virtual Office
Training and sensitisation are essential. Institute a strict dress code and chat etiquette to ensure professionalism during video calls
