http://www.financialexpress.com/fe_full_story.php?content_id=101621
10 more SEZs cleared; Wipro, Reliance get piece of action KG NARENDRANATH <NEW DELHI, SEPT 5: The government on Monday gave the green signal for a clutch of special economic zones (SEZs), including Reliance Industries Ltd's (RIL's) petrochemicals zone at Jamnagar, IT major Wipro's six SEZ projects in five cities, Biocon's biotech SEZ at Bangalore and Serum Institute's pharmaceutical (vaccines) zone at Pune. The development of these zones, each of which will house a large number of manufacturing/service units, will entail an investment of over Rs 15,000 crore. The zones would create over 67,000 jobs in the next two years, said a senior commerce department official. Currently, SEZs employ around 95,000 people. > <Wipro's six SEZ projects are set to come up in Bangalore (2), Hyderabad, Kolkata, Chennai and Gurgaon. The company will develop each project with investments exceeding Rs 200 crore. > <There are 11 functioning SEZs in the country at present. About 40 SEZs had been approved by the Centre before Monday's decision to clear 10 more proposals.>
