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Co-developer status to SEZ companies granted

Saturday, 03 Feb 2007
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On 2 February 2007, the Board of Approval for special economic zones granted co-developer status to some major companies including Motorola India, Foxconn India Developer, Ascendas Mahindra IT Park and two units of Mahindras, besides Petronet LNG.

The board also issued authorisation operations for developers and co-developers to as many as 30 of the 63 notified SEZs. This include:

  • Three co-developers in Mahindra World City SEZ include Mahindra Integrated Township Ltd, Mahindra Holiday Resorts and Ascendas Mahindra IT Park.
  • Motorola India and Foxconn India are in the SIPCOT SEZ at Sriperumbudur, Chennai,
  • Petronet LNG Ltd as co-developer is in Cochin Port Trust.
  • Integrated Warehousing Kandla Project Development as co-developer at FTWZ in Kandla SEZ
  • Leela Lace Holdings in Info Park SEZ at Kochi
  • DLF Assets in the DLF Info City Developers (Chennai) - IT/ITES SEZ in Ramapuram, Chennai.

The board also cleared the pleas from notified SEZs for authorised operations to as many as 30 SEZs, which include among others

  • HCL Technologies
  • Quarkcity India
  • Wipro
  • DLF
  • Satyam Computers Services
  • L&T Tech Park in the Infopark at Kochi
  • Shriram Properties - all in IT and IT enabled services SEZ.

Others who were granted authorised operation approval include:

  • FAB City SPV (India) for manufacturing and developing semi-conductor facility at Hyderabad
  • Whitefield Paper Mills for writing and printing paper mill SEZ at Godavari district, Andhra Pradesh
  • Dahej SEZ for multiproduct SEZ in Gujarat
  • MIDC sector-specific for agro products at Latur in Maharashtra.

Also See:

All SEZs put on hold (18-Jan-07)

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