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DSC Ltd. has received in-principle approval from the Ministry of Commerce & Industry, Government of India to set up and develop two (2) Special Economic Zones, one in the State of Haryana and the other in the State of Himachal Pradesh. Both the SEZs will be Multi-Product in nature and will cover an area of 5,000 hectares (Haryana) and 250 hectares (Himachal Pradesh) respectively with an estimated investment of INR 1,20,000 Million and INR 6,000 Million respectively. The SEZs shall be developed in an integrated manner catering to business (industrial and commercial) activities facilitated by social, recreational and residential infrastructure, utilities, facilities and services. This will be done along the lines of some of the internationally known SEZs such as Jebel Ali in Dubai, Shenzhen and Suzhou in China.
SEZ in Palwal, Haryana
The SEZ in Haryana will cover an area of 5,000 hectares (12,500 acres) and shall be developed in phases. The land use plan of the zone being prepared in consultation with internationally reputed consultants will adhere to various regulatory norms under the provisions of the SEZ Act 2005 and SEZ Rules 2006. The planning and development norms would be comparable to the best in the world and shall provide for open spaces, green areas, internal / arterial roads and walkways and well-supported by in-zone utilities and facilities.
The SEZ shall attract and host a plethora of units in the manufacturing sector such as Auto Components, Engineering Goods, Pharmaceuticals, Processed Foods, Electrical and Electronic Goods, Readymade Garments, Gems and Jewellery, Sports Goods, Handicrafts and service sectors such as IT enabled Services (ITeS), Logistics and Warehousing and Trade Facilitation.
The SEZ shall have a dedicated captive power plant exclusively for the units / residents within the zone. It is estimated that the SEZ at Palwal shall create direct and indirect employment opportunities for over 1 lakh people and shall go a long way in upgrading the socio-economic conditions of the populace in the surrounding region.
SEZ
in Kangra District, Himachal Pradesh
The SEZ in Himachal Pradesh will cover an area of 250 hectares (625 acres) and shall be developed in phases. The SEZ shall attract and host a plethora of units in the manufacturing sector such as Pharmaceuticals, Processed Foods, Precision Equipment & Machinery, Computer Hardware and services sectors such as Biotechnology, ITeS including KPO, Knowledge / Education and Healthcare. The proliferation of industry in the SEZ is estimated to create direct and indirect employment opportunities for over 25,000 people.
Planning and development of the zone shall be prepared in consultation with internationally reputed consultants which would be comparable to the best in the world and shall provide for open spaces, green areas, internal / arterial roads and walkways and well-supported by in-zone utilities and facilities.
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