6 new SEZ proposals

The government approved six new proposals, including four from IT and ITeS sector, for setting up of Special Economic Zones (SEZs). The decision was taken by the Board of Approval (BoA) for SEZ, chaired by Commerce Secretary Rita Teaotia, a Commerce Ministry official said.

The proposals which got the approval include those of HCL IT City Lucknow, Loma IT Park Developer and North Mumbai International Commodity Township.

HCL IT City Lucknow and Loma IT Park Developer have proposed to set up IT/ITeS zones in Lucknow and Mumbai, respectively.

Besides, North Mumbai International Commodity Township has proposed a free trade warehousing zone in Thane.

The BoA has also approved the cancellation of three SEZ developers, including Emmar MGF Land and Hindustan Newsprint.