Ministry of Finance TheDollarBusiness

Special Economic Zone for Electronics/Telecom Hardware and support services

Dated March 2, 2015 | Copy of | Notification | Whereas, M/s. State Industries Promotion Corporation of Tamil Nadu Limited had proposed under Section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act) to set up a sector specific Special Economic Zone 'for Electronics/Telecom Hardware and support services including trading and logistics activities at SIPCOT Industrial Area, Sriperumbudur in the State of Tamil Nadu; And, whereas, the Central Government, in exercise of the powers conferred by sub-section (1) of Section 4 of the said Act read with rule 8 of the Special Economic Zones Rules 2006, had notified an area of 189.77.1 hectares and 41.36.9 hectares at SIPCOT Industrial Area, Sriperumbudur in the State of Tamil Nadu as Special Economic Zone vide Ministry of Commerce and Industry Notifications Numbers S.O. 2141(E) and S.O. 1308 (E) dated 22nd December, 2006 and 31st July, 2007; And, whereas, M/s. State Industries Promotion Corporation of Tamil Nadu has now proposed for de-notification of 11.83.2 hectares at the above Special Economic Zone; And, whereas, the State Government of Tamil Nadu has given its “No Objection” to the proposal vide letter No. GO (Ms) No. 61 dated 25th February, 2011; And, whereas, the Development Commissioner, Madras Special Economic Zone has recommended the proposal for de-notification of an area of 11.83.2 hectares of the Special Economic Zone; Now, whereas, the Central Government is satisfied that the requirements under sub-section (8) of Section 3 of the said Act and other related requirements are fulfilled; Now, therefore, in exercise of the powers conferred by second proviso to sub-section (1) of Section 4 of the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules ,2006, the Central Government hereby de-notifies an area of 11.83.2 hectares, thereby making resultant area as 219.30.8 hectares, comprising the survey numbers and the area given below in the table, namely:- Table

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The Dollar Business Bureau - Mar 11, 2015 12:00 IST