Multi-product SEZ in Tirunelveli: Nanguneri Project: Nearby districts of Trichy

A memorandum of understanding to establish a multi-product first Special Economic Zone (SEZ) in Nanguneri, Tirunelveli, was signed in presence of Chief Minister M Karunanidhi at the Secretariat Thursday.

The estimated Rs 15,000 crore project will be implemented by Tamilnadu government with assistance from Tamilnadu Industrial Development Corporation (TIDCO) on 2,520 acres and aims to provide employment to 70,000 people. This is great for both job seekers and for the potential entrepreneurs.

The project would be jointly executed by TIDCO, AMR group of companies and AMRL International Tech City Ltd. The products that would be manufactured here include spareparts for engineering and medical utilities, electrical and electronic products, information technology, along with biological products and transportation units in the first phase.

sourced from news today net. a chennai based english news evening daily!

No agricultural land for SEZ - Trichy Lands

This is about Trichy land and other lands in india, being acquired by government from farmers.

The central government of india said no agricultural and irrigated land should be taken for Special Economic Zones.

“When a person is not ready to sell his land and it is acquired through the law, he has to be compensated financially as well as psychologically. Besides, land for land is also acceptable,” he said.

Please read more in http://www.financialexpress.com/news/No-agricultural-lands-for-SEZs-Govt/287794/