Special economic zone Current Affairs, GK & News

Koppal Toy Cluster

The Koppal Toy cluster is the first toy manufacturing cluster. It is to operate from March 2022. About Koppal Toy Cluster It is to be established in 400 acres of land. It will hold the entire chain of capabilities of toy making. This includes toy making, tool making, production of packaging, developing electronics, paint making ..

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Tripura’s First Ever SEZ

First-ever Special Economic Zone (SEZ) was laid to foundation stone by the Chief Minister Biplab Kumar Deb at Sabroom which is the southernmost town of the state bordering Bangladesh. Key Points It is around 120 km from Agartala It would emerge as the commercial capital of the Northeast. SEZ would be set up at Jalefa ..

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Ford inaugurates technology and innovation centre in Chennai

Leading car-maker Ford recently inaugurated its technology and innovation centre in the southern Indian city, Chennai. The Centre was inaugurated by the Chief Minister of Tamil Nadu, Edapadi K Palaniswami along with the President and MD of Ford India. The centre spanning over 15,000 sq. ft, is located at the Global Technology and Business Centre ..

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L&T MBDA Missile Systems sets up missile integration facility in Coimbatore

L&T MBDA Missile Systems (LTMMSL) has recently set up a missile integration facility at Coimbatore city in the state of Tamil Nadu. LTMMSL is a joint venture between the engineering and construction firm Larsen & Toubro and the European defence company MBDA. The 16,000 sq.m-inert integration facility is set up in a Special Economic Zone ..

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Parliament passes Special Economic Zones (Amendment) Bill, 2019

Parliament has passed Special Economic Zones (Amendment) Bill, 2019 to allow trusts to establish units in Special Economic Zone (SEZs). It was first legislation to be passed by newly-constituted 17th Lok Sabha. It replaces Special Economic Zone (Amendment) Ordinance 2019 promulgated March 2019 and amends SEZ Act 2005. Salient features of Bill It amends definition ..

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