Special economic zone: GK, General Studies and Current Affairs

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 ..

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 ..

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 ..

Baba Kalyani to head group to study Special Economic Zones (SEZ) Policy of India

The Union Government has constituted a group of eminent persons to study the Special Economic Zones (SEZ) Policy of India. The group will be headed by Industrialist Baba Kalyani. The group will evaluate the SEZ policy, suggest measures to cater to the needs of exporters in the present economic scenario and make the SEZ policy ..

Gitanjali Gems’ SEZ project cancelled

The Board of Approval (BoA) headed by Commerce Secretary has cancelled the Gitanjali Gems’ special economic zone (SEZ) project in Maharashtra. In a similar move, BoA has also cancelled the approval of Karanja Infrastructure’s Free Trade and Warehousing Zones (FTWZ) in Raigad. Gitanjali Gems’ and jewellery SEZ was notified on June 9, 2008. The approval ..