Thursday, September 20, 2007

Mukesh Ambanis SEZ in Mumbai

Mukesh Ambani's ambitious SEZ plans in Navi Mumbai are all set to take off with the government clearing three of his proposals in Navi Mumbai.

The Reliance Industries management says that the three IT SEZ's are at key strategic positions because a new international airport is coming up in the same area in Navi Mumbai.

"The idea they say is to build an IT hub in Navi Mumbai, because Bangalore, Hyderabad and Pune are getting saturated," said G K Pillai, Commerce Secretary.

But four SEZ's which were approved by the Mayawati government after a gap of several months could not get the Centre's green signal because of land problems.

While Mukesh Ambani's SEZ dreams are ready to roll out because both his Maha Mumbai and Navi Mumbai SEZs have got the initial approvals younger brother Anil Ambani is lobbying with the Mayawati government to get his Noida SEZ on track.

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