Government of India approved 48 SEZs for the State
Hyderabad, October 15, 2006With the Government of India approving 48 Special Economic Zones (SEZ) for the State, nearly 4,70,000 new jobs are expected to be created besides boosting exports. The SEZs will be the launch pads for future economic growth.
The employment generation and technology transfer due to FDI would result in a cycle of higher investment, income generation, savings capacity, further investments and finally lead to further economic growth. As on date there are 27 SEZs for IT/ITES, six for Pharma, four for multi product, three for Footwear and one each for Biotech, Apparel, Building Products, Service Sector, Paper, Textile, Gems and Jewellery and Semiconductor.
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