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GMR Group's aviation SEZ to turn into multi-product SEZ

Wednesday, 11 Jul 2018
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The Expert Appraisal Committee under the Union Ministry of Environment, Forest and Climate Change has accorded permission to convert GMR group's aviation SEZ into multi-product special economic zone (SEZ) at the Rajiv Gandhi International Airport in Telangana.

The SEZ can now have industrial units, activities relating to aviation in addition to pharmaceutical formulation, gems and jewellery, electronic and commercial developments, among others.

GMR Hyderabad International Airport (GHIAL) cited poor response from aviation companies for setting up shop in the aviation SEZ as a reason to convert it into a multi-product SEZ.

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