Phase 1 of AMRL SEZ completed, 13 companies begin operations.

AMRL SEZ, a multi-product special economic zone marketed by Attivo, has completed phase 1 of the proposed project spread across 250 acres. About 13 companies have begun operating from the SEZ and have exported close to $100 million.

The second phase is expected to be launched in 2021, the company said in a statement.

Built on smart city concept, AMRL SEZ will encompass a SEZ with an adjoining proposed DTA (domestic tariff area) and a free trade and warehousing zone. The project entails development of an integrated industrial zone over 2,518 acres in Nanguneri in the Tirunelveli district of Tami Nadu.

The SEZ will house a diverse set of industries – electronics, medical equipment, general engineering, auto ancillaries and components, solar and many more – and has the potential to generate employment in excess of 20,000, the company said in a statement.

Corporate groups including global manufacturers from sectors like renewable energy, defence, aerospace, electronics, and toys have initiated discussions to set up facilities in AMRL SEZ as a part of their plan to relocate their operations from China to India, the company added. A leading medical equipment manufacturer has already signed a memorandum of understanding to develop a medical equipment research and manufacturing unit over 117 acres.

Commenting on AMRL SEZ's potential as a manufacturing hub, Attivo CEO Indranil Dasgupta said: "At a time, when companies are planning to shift their manufacturing facilities outside China, AMRL SEZ is offering them a golden opportunity to relocate with ready-to-move-in infrastructure. We are receiving a lot of enquiries from global manufacturers and we believe that this SEZ will act as a catalyst in turning the 'Make In India' dream into reality."

ET