Home India Ministry of Commerce and Industry The Central Govt. hereby notifies an additional area of 0.20...
Date: 2014-08-14 Category: Extra Ordinary State: Union Government Country: India

The Central Govt. hereby notifies an additional area of 0.20 hectares as part of the Special Economic Zone, thereby making total area of the Special Economic Zone as 26.873 hectares, comprising the Survey numbers and the area given in the Table below.

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

Executive Summary: This notification from the Ministry of Commerce and Industry announces an amendment to the extent of a Special Economic Zone (SEZ) in Karnataka. Ms. Tanglin Developments Limited proposed the initial SEZ and later requested an inclusion of additional land. The notification approves the inclusion of an additional 0.20 hectares, increasing the total SEZ area to 26.873 hectares, effective August 14, 2014. Key Points / Main Content: * **SEZ Amendment:** * An additional 0.20 hectares is added to the existing Special Economic Zone. * The SEZ is for Information Technology and Information Technology Enabled Services. * The location is at Global Village, PattenagereMylsandra Villages, Off Mysore Road, RVCE Post, Bangalore District, Karnataka. * **Revised Area:** * The total area of the SEZ after the inclusion is 26.873 hectares. * The additional area is located in PattenagereMylsandra village, RVCE Post, survey number 14. * **Regulatory Basis:** * The amendment is made under Section 4(1) of the Special Economic Zones Act, 2005. * It complies with Rule 8 of the Special Economic Zones Rules, 2006. * The original notification for the SEZ was S.O. 1705 E dated 5th October, 2006. Impact Analysis: * Tanglin Developments Limited * Impact: The company's SEZ project now includes an additional 0.20 hectares, changing the total area under its management. * Action Required: Update records and development plans to reflect the expanded SEZ area. * Central Government * Impact: Responsible for overseeing and regulating the amended SEZ according to the Special Economic Zones Act, 2005, and Rules, 2006. * Action Required: Update official records and ensure compliance with regulations for the expanded SEZ area. * Government of Karnataka * Impact: The State Government is affected by the change in land use and potential economic activity within the expanded SEZ. * Action Required: Update land records and coordinate with relevant departments to support the SEZ's operations.

Key Entities Referenced

Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry. Special Economic Zones Act, 2005: An Indian law providing a framework for the establishment and operation of Special Economic Zones in India. Special Economic Zones Rules, 2006: The rules framed under the Special Economic Zones Act, 2005, to govern the functioning of SEZs. Tanglin Developments Limited: A company that proposed to set up a Sector Specific SEZ for Information Technology/Information Technology Enabled Services. Karnataka: A state in South India, where the proposed Special Economic Zone is located. Global Village, PattenagereMylsandra Villages: The location within Karnataka, specifically Bangalore District, where the Special Economic Zone is proposed. Bangalore District: A district in the state of Karnataka. Information Technology/Information Technology Enabled Services: The specific sector for which the Special Economic Zone is designated.
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