Monday, July 7, 2008

Nellore to get 2 More SEZs - Vakadu, Kota, Chillakur areas to benefit

Image: Nellore Mandal Map.

Nellore.  July 6, 2008
  • South Eastern region of Nellore district will soon have two additional Special Economic Zones covering the mandals - Vakadu, Kota and Chillakuru.
  • The state government has started identifying the non-agricultural lands to the tune of 10,000 acres for establishing these centers.
  • Nellore already has many  SEZ's  at various levels of operation/conception: -
  • Sri City multi-product SEZ - Rs 18,000 crores.
  • Textile and apparel SEZ by MAS Holdings - Rs 880-crore,
  • Kisan SEZ being undertaken by Iffco - Rs 2,400-crore.
  • Steel project of SBQ Steels Ltd - Rs 1,100-crore
  • Industrial park and SEZ by the Caparo group - Rs 3,500-crore.
  • Apache footwear (for Adidas Shoes )SEZ  at TADA- Rs 500 crore and expanding.
  • SEZ by Bharatiya International Ltd - Rs650 crores.
  • Naidupet Industrial park for Taiwanese Original Equipment Manufacturer's(OEMs).
  • In combination with the excellent road network, rail network,  Krishnapatnam Port, proximity to Chennai Nellore SEZs are likely to make a significant impact on the manufacturing base of the country and have a major financial impact at local level.

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