Project News Detail
| Project No : | 206376 |
|---|---|
| Project Title : | Centre notifies two new SEZs in Puducherry to boost investment and exports |
| Company Name : | Private Company |
| Project Detail : | The Centre has notified two new Special Economic Zones (SEZs) in the Union Territory of Puducherry following approval from the Board of Approval under the Department of Commerce. The move is aimed at strengthening the region’s industrial ecosystem, attracting investments, and generating employment through export-oriented development. The first project is an IT/ITES SEZ to be developed by Oulgaret Municipality at Thattanchavady village in Oulgaret Taluk. Spread across 8.623 hectares, it will be the first SEZ in India to be developed by a municipality. The project is expected to attract investments of Rs 725 crore and create employment opportunities for around 3,500 people. The second project is a multi-sector SEZ to be developed by Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) at Karasur village in Villianur Taluk. Covering 86.245 hectares, the SEZ is expected to attract investments of Rs 1,250 crore and generate around 5,000 direct and indirect employment opportunities. According to the Ministry of Commerce and Industry, the projects represent a significant milestone in Puducherry’s export-led growth strategy and are expected to strengthen investment, manufacturing, and employment opportunities across the Tamil Nadu, Andaman and Puducherry (TAP) region. |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |