Under pressure from Goa to scrap SEZs, Centre sets conditions: compensate developers, will denotify

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JAYANT SINGH Tags : Posted: Monday , Jul 07, 2008 at 2346 hrs

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The GIDC had started accepting applications for setting up SEZs in 2006 and had eventually leased this land — a total of 600 acres of industrial estate — to six companies for SEZs. This land was acquired by GIDC way back in 2001. Apart from the three notified SEZs, the others, which had cleared the approval stage, are Inox Mercantile Co Pvt Ltd, Paradigm Logistics Distribution Pvt Ltd, Planetview Mercantile Company Pvt Ltd, and Maxgrow Finlease Pvt Ltd.

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