BoA approves 17 SEZs

New Delhi: Board of Approval (BoA) on Special Economic Zones (SEZs) formally approved 17 SEZs. This include an SEZ by Bharat Forge near Pune which would spread across 1,271 hectares and see investments of over 5,000 crore.

Another significant SEZ that was formally approved was a 1,804 hectre SEZ by Jindal's JSW Bengal Steel in Midnapur in West Bengal. This SEZ would see an investment of 15,321 crore.

Other 10 SEZs also received in-principle approvals from the Board of Approval. These include a heavy engineering SEZ of 467 hectares to be built by L&T Ship Building in Tamil Nadu. The project would see an investment of 1,665 crore.