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Government has recently approved the proposals of Wipro and Mumbai Futuristic Economic Zone to set up special economic zones (SEZ) in Andhra Pradesh and Maharashtra. The government of Andhra Pradesh has also recommended the proposal. Accordingly, Government decided to grant formal approval to the proposal of Wipro Ltd. Mumbai Futuristic Economic Zone has proposed to set up two SEZs – Biotech and IT/ITeS in Maharashtra. It also approved the change of name of the developer from Mumbai Futuristic Economic Zone Pvt. Ltd to Attivo Economic Zone (Mumbai) Pvt. Ltd.

Adani Ports and Special Economic Zone Ltd too approached the commerce ministry for its multi-product SEZ in Gujarat. But the matter was deferred… noted that department of revenue has sought some more information and requested to defer consideration of the proposal. Further, the government has given more time to 13 special economic zone developers, including Navi Mumbai SEZ and Kerala State IT Infrastructure to execute their projects. Source and read more at livemint.com

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