GUJARAT SEZ INVESTMENT
Nod to MSTI, Aequs Group SEZ proposals after norms relaxed: Govt
India has eased regulations for semiconductor and electronics component manufacturing in SEZs, leading to significant investments. Micron will establish a facility in Gujarat with an investment of Rs 13,000 crore, while Aequs will set up a unit in Karnataka with Rs 100 crore investment. These amendments aim to boost high-tech manufacturing, spur the semiconductor ecosystem's growth, and create skilled jobs.
Micron to invest Rs 13,000 crore in Gujarat SEZ; Aequs to set up Rs 100 crore facility in Karnataka after govt reforms
Micron and Aequs Group have secured government approval to establish semiconductor and electronic component-focused Special Economic Zones (SEZs) in India. Micron will invest Rs 13,000 crore in a Gujarat facility, while Aequs Group will invest Rs 100 crore in Karnataka. These approvals follow SEZ regulation reforms aimed at boosting high-tech manufacturing by reducing land requirements and easing operational constraints.
Govt approves Micron Semiconductor's proposal to set up SEZ
The government approved proposals by Micron and Aequs Group to set up SEZs in Gujarat and Karnataka for semiconductor and electronic component manufacturing. Recent SEZ rule changes aim to attract high-tech investments, reduce land requirements, and support domestic supply, fostering job creation and industry growth.
Beneficiaries of ceasefire in tariff war crossfire. 5 stocks, 2 with an upside potential of 60%; 2 with 12% to 28% possible return
Which are the companies and sectors that will benefit the most if a China-US tariff truce prevails? Metals, obviously, because right from cars to white goods, all of them use metals. Another set of beneficiaries would be those who supply raw materials to these metal companies. Now, in metal companies the raw materials used are not the typical variety, but industrial consumables. There are not too many companies supplying these. India has many and they have been supplying industrial consumables to most parts of the world. They stand to gain as things move toward normalisation.
Four developers seek govt approval for partial cancellation of SEZs
Tata Steel, Infosys, and ELCOT have requested partial cancellation of their special economic zones (SEZs). The inter-ministerial board of approval will decide on these applications in a meeting scheduled for May 9. These companies are seeking to optimize land use and adapt to changing investment patterns, reflecting adjustments within the SEZ landscape.
Why dividend yield, ignored in bull markets, matters: 6 stocks with high dividend yield of 5-9%
Nine months back there was hardly a stock with a dividend yield matching the interest rate of a savings bank (SB) account. Today, some have yields on par with fixed deposit rates. Now, consider a different point: The subjective nature of dividend payout and capital gains. Dividend payment is not only a function of how much money a company is making, but also a habit of the management, or its intent. There are companies sitting on cash piles but with low dividend-payout ratios. Capital gain is a function of many other things, some under the control of stock market players, and some not so much so. So, better focus on an element where there is still some certainty if management has the intent. And that is dividend yield.
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PM Modi dedicates OPaL plant to the nation
"It is India's largest petrochemical plant having an investment of Rs 30,000 crore," Modi said on the occasion.
Centre scraps Kutch SEZ proposed by the then Gujarat CM Narendra Modi
Back in 2007, Gujarat government had floated proposals to set up SEZs for handicrafts and artisans on 132 hectares of land in Moti Chiral village.
BSE to invest Rs 150 crore to set-up an international exchange in Gujarat's GIFT city
BSE today said it will invest Rs 150 crore to set-up an international exchange in Gujarat. This exchange will be set up in GIFT City.
India makes pitch for Chinese investments in Special Economic Zones
The Indian Embassy will also organise investment promotion seminars in other cities including Qingdao and Chongqing next month.
RIL's Jamnagar SEZ contributes 83% to the state's SEZ exports
RIL's Jamnagar SEZ contributes 83% to the state's exports that account for 55% of total total SEZ exports from the country.
Gujarat gets one SEZ, loses another
It is case of mixed fortunes for Gujarat in terms of industrial development as the state has received applications for a multi product SEZ.
Exports from Dahej SEZ to cross Rs 1,000 cr in 2011-12
Exports from Dahej Special Economic Zone in Gujarat will cross the Rs 1,000 crore during the current fiscal as more of its units have commenced production recently, said SEZ officials.
PSL's proposed Gujarat SEZ plan may get delayed
Pipe maker PSL's plan to develop a special economic zone (SEZ) in Gujarat is likely to get delayed due to imposition of minimum alternate tax on SEZs in the Budget, a top company official said.
Gujarat's Dahej among top 25 global economic zones
A SEZ being developed at Dahej in Gujarat has figured in a list of top 25 'best global economic zones' in a survey conducted by the Financial Times Group.
Gujarat SEZs attract industrialists
Looking at the investment opportunities and trade incentives, the buck for industrial big wigs stops at many SEZs aimed at making Gujarat a prosperous business haven.
Geetanjali to invest Rs 3k cr in three jewellery SEZs
Defying recession blues, Mumbai-based Geetanjali Gems Limited will invest Rs 3,000 crore in Gujarat in the next five years to set up three gems and jewellery SEZs in diamond cities of Surat, Ahmedabad and Bhavnagar
Work begins on Gujarat's first SEZ for IT sector
Work has begun on Gujarat’s first special economic zone for information technology sector. The SEZ will be set up in a joint venture between the city’s Chimanbhai Agarwal and the Pune-based developer Vascon Engineers.
Companies queue up to open shop at SEZ in Dahej
Japanese ink-maker Danippon Ink and Chemicals (DIC) and Pidilite industries, makers of Fevicol brand, will invest Rs 300 crore and Rs 400 crore each at the Dahej SEZ.
L&T, Man, Chiripal keen to set up SEZs in Gujarat
It's 51 and counting. A number of companies including L&T, Man Industries and Chiripal want to set up special economic zones (SEZs) in the state.
TCS, Cognizant among 20 SEZ proposals approved
The Board of Approval on Thursday approved 20 Special Economic Zones including proposals from Tata Consultancy Services, Cognizant Technology and Gitanjali Gems.
Essar now eyes multi-product SEZ at Hazira
After steel and subsequently engineering, the Essar group now plans to convert its upcoming special economic zone (SEZ) at Hazira into a multi-product SEZ.
States, foreign investors want SEZ policy out of cold storage
Pressure is building on the central government from both foreign investors and state governments for an early decision on the future of the SEZ policy.
'Govt should keep out of SEZ land'
The government should not acquire land for SEZs and tax sops should be offered only to ‘core activities’ in these special economic zones, according to Gujarat chief minister Narendra Modi.
JB Chem to set up pharma SEZ in Gujarat
JB Chemicals & Pharmaceuticals will develop and construct a pharmaceutical sector specific Special Economic Zone (SEZ) at Panoli, Gujarat, with an estimated investment on infrastructure of about Rs 115 crore.
New model of SEZ developed in Gujarat
Gujarat chief minister Narendra Modi said on Thursday that Gujarat has developed a new model for Special Economic Zones, which would not harm agricultural land.
SEZ rush down to a trickle with EGoM lifting cap
The rush among corporates to set up Special Economic Zones in the country has virtually come to a halt with the government's decision last month to lift the cap of 150 SEZs.
Another 45 SEZs get govt clearance
The Board of Approval for Special Economic Zones (SEZs) approved 45 proposals including Genpact India’s IT SEZ in Bhopal.
Gujarat to host Dishman, Suzlon, Sterling SEZs
The Rs 220-crore Dishman Pharmaceuticals & Chemicals, one of the leading active pharmaceutical ingredient makers in India, is planning to develop two special economic zones (SEZ) in Gujarat.
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