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First SEZ in Tripura to focus on agro-based food processing
The Government of India approved the first SEZ (Special Economic Zone) at Sabroom, Tripura in October 2019. Recently, it was announced that the SEZ will primarily focus on agro-based food processing. Union Government is expected to invest around Rs 1550 ..
Month: Current Affairs - December, 2019
Belgium opens honorary consulate in GIFT City
Belgium has become the first country to open an honorary consulate office in Gujarat International Finance Tec-City (GIFT City), Gandhinagar, Gujarat. Belgium already has two Consulates-General in Mumbai and Chennai, and an honorary consulate in Kolkata. The consulate was inaugurated ..
Month: Current Affairs - April, 2017
Union Commerce Ministry launches SEZ India app
The Union Ministry of Commerce and Industry (MOCI) has launched a mobile application named “SEZ India” under its broader e-Governance initiative to help the Special Economic Zone (SEZ) Units and Developers. It will help the SEZ Units and Developers to ..
Month: Current Affairs - January, 2017
Union Government clears Infosys proposal to set up IT SEZ in Bengaluru
Union Government has approved the proposal of Infosys to set up an IT/ITeS special economic zone (SEZ) in Bengaluru, Karnataka in an area spread over 4 hectares. Decision in this regard was taken by an inter-ministerial Board of Approval (BoA), ..
Month: Current Affairs - May, 2016
Union Government gives nod to 6 new SEZ proposals
Union Government has approved six new proposals 6 Special Economic Zones (SEZs) proposals including four from Information Technology and IT enabled Service (ITeS) sector. This decision was taken by the Board of Approval (BoA) for SEZ (under the aegis of ..
Month: Current Affairs - August, 2015
GMR Infra, GIIC ink MoU for Kakinada SEZ
GMR Infrastructure Ltd. has signed Memorandum of understanding (MoU) with Guizhou International Investment Corporation (GIIC) for developing Kakinada special economic zone (SEZ) in Andhra Pradesh. On behalf of GMR Infrastructure Ltd. the MoU was signed by its subsidiary Kakinada SEZ ..
Month: Current Affairs - May, 2015