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Industrial Parks and
Special economic zones (SEZs)
The government of India
has formulated a policy that allows theprivate sector to establish Special Economic Zones (SEZ) with the objective to promote export oriented manufacturing and delivery of services at competitive costs. Units operating in SEZs are entitled to direct and indirect tax benefits for a specified time period. Fiscal and foreign exchange procedures have been simplified and 100 percent foreign investment is allowed for setting up units in SEZs. Operating in SEZs is expected to help in significantly reducing manufacturing costs Incentives:
Industrial Parks in Maharashtra (About Maharashtra, click here)
Industrial Park in Mahape Region:
> Airoli Knowledge Park, Navi Mumbai Airoli Knowledge Park, located in Airoli, Navi Mumbai, is a prime location for IT and BPO companies who wish to be located close to Mumbai, yet away from the hustle and bustle of the big city. Airoli Knowledge Park is a 20 minutes drive from Thane or Vashi and about 45 minutes from Mumbai airport. There is the Airoli bridge that links the Eastern suburbs of Mumbai to Navi Mumbai. > There are also nearby industrial parks: The Millenium Business Park (MBP) and Reliance.s Dhirubhai Ambani Knowledge City. > Talwade (Techno Park) Talwade Techno Park is located at Talawade, Dehu-Moshi Road, Pune. It is about 30 minutes car-ride from the Pune airport (Lohgaon). • From Pune airport (Lohgaon) - 22 kms., approximately 30 min. • From Pune railway station - 18 kms., approximately 25 min. • From Pune city - 15 kms., approximately 20 min. • From Mumbai - 154 kms., approximately 3 hrs. Total Area of the Park is 190 acres > Parsodi Infotech Park, Nagpur Parsodi Infotech Park is located about 8 kms. From Nagpur airport, 6 kms. From Nagpur railway station, 832 kms from Mumbai (730 kms from Pune and 731 from Nashik. Total Area of the Park is 29 acres Industrial Park in Kolhapur City: > Infotech Park Location: • From Kolhapur railway station - 3 kms. • From Domestic airport - 10 kms. • From Mumbai - 400 kms. • From Pune - 240 kms. Total Area of the park is 10 acres. Open plots are available per requirement and there is a total built-up space of 27,622 sq. ft created in one building comprising 31 built-up units. Industrial Parks in Andhra Pradesh (About Andhra Pradesh, click here) > Hardware Park near Hyderabad The state of Andhra Pradesh and Hyderabad in particular is a favored destination for the Information Technology Industry. The park is spread over 5000 acres of land located at a distance of 14 Kms from Hyderabad and adjacent to the International Airport. Recently, Korea-based Intellect Inc, a semiconductor/chip fabrication company decided to set up a plant in Hyderabad with an estimated investment of around $1.6 billion in two phases. This could be the largest-ever investment proposal by any company in the Indian hardware sector so far. The company is set up as India Semiconductor Manufacturing Company (ISMC) and the Korean partner has proposed to invest $600 million in phase I and another $1 billion in phase II. Its’ construction work is expected to begin this year and is expected to provide a direct employment of 10,000 people. The company will manufacture chips for SIM cards, micro processors and other applications, including telecom. Tamil Nadu (About Tamil Nadu, click here) > SIPCOT Industrial Park, Siruseri Area: 756 Acres Infrastructure: • Nearest Railway Station -Chennai – 30 Km • Velachery – 17 Km • Nearest Airport - Chennai -30 km • Nearest Seaport - Chennai -30 km • Nearest N.H./S.H. - I.T. Highway (Old Mahabalipuram Road) > Bargur Industrial Complex Location: 40 Kms. from Krishnagiri. Area: 1395 acres Infrastructure: • Nearest Railway Station - Jolarpet (46 Kms) • Nearest Airport - Bangalore (135 kms) • Nearest Seaport - Chennai (250 Kms) • Nearest Highway. - Rural Highway connection NH-7. > SIPCOT Industrial Park, Irungattukottai Location: 34 km from Chennai Area: 1843.48 acres Infrastructure: • Nearest Railway Station - Thiruvallur & Avadi. • Nearest Airport - Meenambakkam • Nearest Seaport - Chennai • Nearest N.H./ NH4 (Chennai-Bangalore Highway) |
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