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Shri Kamal Nath, Union Minister of Commerce & Industry, has cleared the establishment of a Special Economic Zone (SEZ) by M/s. WIPRO Limited for software development and IT enabled services at Salt Lake Electronic City, Kolkata, at an estimated investment of Rs.125 crore. The Zone would provide world class infrastructure in the form of interconnected multiple towers ideally suited for software development with all support facilities. It offers very good potential for promoting exports and in generating new employment opportunities.
In addition to the WIPRO SEZ, Shri Kamal Nath has also approved the setting up of two new sector-specific SEZs for Information Technology and Automobiles and Auto-Parts respectively at Sedarpet-Karasur (Pondicherry) by the Government of Pondicherry. The Zones are proposed to be developed over an area of about 600 acres at an estimated investment of Rs.200 crore. The Government of Pondicherry proposes to create a Special Purpose Vehicle to implement the projects.
With the clearance of the above three proposals, the number of Special Economic Zones so far approved for establishment comes to 36. Of these, 3 SEZs have since become operational and another 2 Zones are now ready for operation. The rest of the SEZs are at various stages of implementation.
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