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Foundation stone laid for Mahindra World City's SEZ in Jaipur

Tuesday, 03 Mar 2009
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Rajasthan Chief Minister Ashok Gehlot laid foundation stone for two SEZs at Mahindra World City in Jaipur on 28 February 2009.

The Light Engineering and Handicraft SEZs, each spread over 250 acre, are coming up as part of the 3,000 acre multi-product Mahindra World City. The SEZ is a 74:26 JV between Mahindra Lifespace Developers and Rajasthan State Industrial Development and Industrial Corporation (RIICO). The SEZ projects are estimated to cost Rs.10,000 crore.

The SEZ offers infrastructure such as seamless power supply, wide road network, water supply, serene landscaping, proposed logistics and warehousing zones, professional operations and maintenance. The handicraft zone is being developed as preferred destination with latest facilities to give impetus to exports. Apart form this; the SEZ will also have a domestic tariff area for catering to the demand of domestic industries.

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