Board approves 8 SEZs across country

New Delhi: The Board of Approval for Special Economic Zones has approved eight fresh proposals for establishing SEZs across the country, while deferring a decision on Larsen & Toubro-promoted SEZ for IT/ITES at Pawai, Mumbai.

At a meeting held here on Thursday under the Chairmanship of the Commerce Secretary, Mr Gopal K. Pillai, the board gave formal approvals to three IT/ITES SEZs, out of which two would be located in Tamil Nadu and one in Maharashtra.

A port-based SEZ, including port development, has been approved for Karaikal Port Pvt Ltd in Karaikal district, Puducherry.

JSW Aluminum-promoted SEZ for aluminium sector and a multi-services SEZ promoted by Navi Mumbai SEZ Pvt Ltd have also been cleared. With these, the formal approvals for SEZs have crossed 550 out of which 278 SEZs have already been notified, official sources said.