Andhra Pradesh gets Govt approval for setting up 91 SEZs
31 Jul '08
2 min read
A total of 91 SEZs have been approved by the Center for Establishment in Andhra Pradesh, creating a record for the highest ever sanctioned by any state.
The state has ensured that only Government land or one crop land is taken for constructing these 91 SEZ to avoid incidents similar to those that occurred in Nandigram. Of the 91, work for 64 SEZs is already on progress.
Successful setting up of these SEZs will depend largely on the measures taken by the state to relocate the displaced farmers. On this front Andhra Pradesh has been quite proactive because not only has it provided alternative housing sites, but has also made arrangements for providing training for employment in SEZs. No other state in the country has ever taken such concrete steps or precautions in similar situation.
The Government of Andhra Pradesh headed by Y S Reddy has always been identified as an industry-friendly one and has therefore attracted investments amounting to Rs170,000 million while another Rs380,000 million is underway.
Ground breaking ceremony for a 5000 acre private sector SEZ to be buit at a cost of Rs10,000 million would be held on August 8, near Tada, on Tamil Nadu-Andhra Pradesh border.
The project would encompass auto components, light engineering, electronics hardware, apparel and fashion outlets and also IT and BPO units. Multinational corporation like Venture of USA, Bura of Spain and International Apparels of Holland have already signed MoUs to set up units in the SEZ.
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