3 Gujarat SEZs approved:Rs.12,305 cr investment involved

The government of India on Monday approved 3 proposals for special economic zones(SEZ) in Gujarat. These 3 SEZ projects all together would involve an investment of Rs 12,035 crore.

Of the 3 proposals cleared by The Board of Approval of the Special Economic Zones in it’s 22nd September meeting, 1 with land in possession received formal go-ahead, while 2 received in-principle green signal.

Two SEZs that have got in-principle green signal are being promoted by former Central Vigilance Commissioner N Vittal. They would involve an investment of Rs. 11,340 crore. The multi-product EMPI Vittal Centre will come up on an area of 1,100 hectare in Gujarat.

While one Gujarat SEZ that has got formal approval is Myron Realtor Private Ltd’s Rs. 695-crore IT/ITES/Electronic Hardware and Software zone over 10.93 hectares.