Friday, September 22, 2006

Aero sector joins SEZ club

NEW DELHI, AUG 28: Aerospace parts, captive power generation and beach sand minerals have become the latest entrants from unrepresented sectors into SEZs after getting in-principle nods from the Board of Approvals.
Hi Skill Investment Consultancy Pvt Ltd got the informal nod to set up a 100 hectare aerospace parts SEZ in Bangalore, Quest Machining and Manufacturing Pvt Ltd got approval to set up a 121.4 hectare aerospace, auto and industrial engineering SEZ at Belgaum, Karnataka and Saraf Agencies Pvt Ltd obtained in-principle approval to set up a 131.5 hectares beach sand minerals SEZ at Chhatrapur in Orissa’s Ganjam district.

Maharashtra Industrial Development Corporation got the in-principle approval to set up two captive power generation SEZs in an area of 103 hectares and 1100 hectare in Maharashtra. Hindalco Industries Ltd also obtained the nod to develop a captive power plant SEZ as well as aluminium products in 855 hectares in Orissa.

The break-up of other under-represented sectors to get similar approval are high-tech engineering (5), bio-tech, gems and jewellery, auto-ancillaries (3 each), pharma and chemicals, and food processing (2 each) besides footwear, industry machines and ancillaries, plastic processing, leather and handicrafts (1 each).

Of the 117 SEZs granted in-principle approval, 37 were for the IT/ITES sector, while 33 were for multi-product SEZs.

Haryana has the maximum in-principle approvals with 23, followed by Maharashtra (19), Karnataka (15), Uttar Pradesh (9), Gujarat and Punjab (7 each), West Bengal and Rajasthan (6 each), Orissa (5), Andhra Pradesh (4), Madhya Pradesh (3), while one each for Delhi, Chandigarh, Uttaranchal and Himachal Pradesh.

Of the formal nods granted, 91 went to the IT/ITES/electronic sector, while 10 were multi-product and the textile and apparel sector. Pharma bagged 8, the biotech sector was cleared for 5 and engineering and related industries got 4. Footwear, and the gems and jewellery sectors got 2 each, whereas single clearance was given to writing and printing, telecom, leather, ceramic glass, food processing, agro and non-conventional energy.


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