Tuesday, January 19, 2010

Private SEZs told to reserve 10% space for small-scale units

Private SEZs told to reserve 10% space for small-scale units
The Hindu Business Line, January 19, 2010, Page 15

K.R. Srivats, New Delhi

Small-scale units may now get a better deal in allocation of space in private special economic zones .

The Centre has now said that minimum 10 per cent of the space in IT/ITES SEZ may be reserved for SSI IT/ITES units.

All other SEZs were asked to allocate 10 per cent space for SSI units.

Also, IT/ITES SEZs have been advised to set up incubators of minimum 200 seats. Currently, IT/ITES SEZs are mainly promoted by the private sector.

“The Centre's instruction covers central SEZs, IT/ITES SEZs and all other SEZs in the private sector,” Mr L.B. Singhal, Director-General, Export Promotion Council for SEZs, told Business Line.

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