Date: 2015-02-20Category: Extra OrdinaryState: Union GovernmentCountry: India
The Central Govt. hereby notifies an area of 1.17 hectares at Plot No. IT-5, Airoli Knowledge Park-TTC Industrial Area, Villages Airoli and Dighe, District Thane in the State of Maharastra as a part of above Special Economic Zone, thereby making total area of the Special Economic Zone as 12.91 hectares, comprising the survey numbers and the area given below in the table.
Executive Summary:
This notification from the Ministry of Commerce and Industry announces an amendment to a previously established sector-specific Special Economic Zone (SEZ). It approves the inclusion of an additional 1.17 hectares to the existing SEZ for Information Technology and Information Technology Enabled Services, effective February 18, 2015. The SEZ is located at Plot No. IT5, Airoli Knowledge ParkTTC Industrial Area, Villages Airoli and Dighe, District Thane in the State of Maharastra.
Key Points / Main Content:
* **Amendment Details:**
* An area of 1.17 hectares is added to the existing Special Economic Zone (SEZ).
* The location of the additional area is Plot No. IT5, Airoli Knowledge ParkTTC Industrial Area, Villages Airoli and Dighe, District Thane, Maharastra.
* **Revised SEZ Area:**
* The total area of the Special Economic Zone after the addition is 12.91 hectares.
* The added area corresponds to Survey No. 145PT in Airoli village.
* **Legal Basis:**
* The notification is issued according to Section 4 of the Special Economic Zones Act, 2005, and Rule 8 of the Special Economic Zones Rules, 2006.
Impact Analysis:
Gigaplex Estate Private Limited:
* Impact: Benefits from the expansion of their sector-specific Special Economic Zone for Information Technology and Information Technology Enabled Services.
* Action Required: Integrate the additional 1.17 hectares into their existing SEZ operations and comply with all relevant regulations.
Central Government:
* Impact: Responsible for overseeing and regulating the expanded Special Economic Zone.
* Action Required: Ensure compliance with the Special Economic Zones Act, 2005, and the Special Economic Zones Rules, 2006.
State Government of Maharastra:
* Impact: The expansion of the SEZ may lead to increased economic activity and development in the Thane district.
* Action Required: Support the development and operation of the expanded SEZ.
Key Entities Referenced
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and commerce.
Special Economic Zones Act, 2005: An Indian law that provides the legal framework for the establishment and operation of Special Economic Zones in India.
Special Economic Zone Rules, 2006: The rules and regulations established to implement the Special Economic Zones Act, 2005 in India.
New Delhi: The capital city of India, where the notification was issued.
Ms. Gigaplex Estate Private Limited: A private organization that proposed to set up a sector specific Special Economic Zone.
Airoli Knowledge ParkTTC Industrial Area: A location in Maharashtra where the Special Economic Zone is situated.
Thane, Maharastra: A district in the State of Maharashtra, India, where the Special Economic Zone is located.
Dr. GURUPRASAD MOHAPATRA: Joint Secretary of the Government of India.
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
NOTIFICATION
New Delhi, the 18th February, 2015
S.O. 595(E).—WHEREAS, M/s. Gigaplex Estate Private Limited, a private organization, 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 Information Technology and
Information Technology Enabled Services at Plot No. IT-5, Airoli Knowledge Park-TTC Industrial Area,
Villages Airoli and Dighe, District Thane in the State of Maharastra;
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 Zone Rules 2006, had notified the
areas of 11.74 hectares at above Special Economic Zone vide Ministry of Commerce and Industry
Notification numbers S.O. 169 (E), dated 11th June, 2013
AND WHEREAS, M/s Gigaplex Estate Private Limited, has now proposed to include an area of
1.17 hectares at Plot No. IT-.5, Airoli Knowledge Park-TTC Industrial Area, Villages Airoli and Dighe,
District Thane in the State of Maharastra as a part of above Special Economic Zone;
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 notifies an area of 1.17 hectares at Plot No. IT-5, Airoli
Knowledge Park-TTC Industrial Area, Villages Airoli and Dighe, District Thane in the State of Maharastra
as a part of above Special Economic Zone, thereby making total area of the Special Economic Zone as 12.91
hectares, comprising the survey numbers and the area given below in the table namely:-
TABLE
S.No. Village Survey No. Area in hectares
1 Airoli 145(PT) 1.170
Grant total area of SEZ after above addition 12.91
[F. No. F.1/5/2011-SEZ]
Dr. GURUPRASAD MOHAPATRA Jt. Secy.
Printed by the Manager, Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.