WORLD> Asia-Pacific
India to build 27 Special Economic Zones
(Xinhua)
Updated: 2008-09-22 21:59

MUMBAI -- Indian Board of Approval on Special Economic Zones (SEZs) Monday formally approved 17 SEZs, reported leading business newspaper Business Standard on its website.

One SEZ in west state Maharastra is reported to spread across 1, 271 hectares and see investments of over 1.25 billion US dollars.

Another significant SEZ that was formally approved was a 1,804 hectre SEZ by JSW Bengal Steel in West Bengal. This SEZ would see an investment of 3.8 billion US dollars.

Other 10 SEZs also received in-principle approvals from the Board of Approval.