New Delhi, May 29 -- The Government has notified two new special economic zones (SEZ) in Puducherry to strengthen the country's industrial base, expanding exports and deepening self-reliance in strategic sectors, according to an official statement of the Commerce Ministry here on Friday.
The proposals were approved by the Board of Approval for SEZ's under the Commerce Department during 137th meeting held yesterday.
Out of these two SEZs, one IT/ITES SEZ will be developed by M/s Oulgaret Municipality at Thattanchavady village in Oulgaret Taluk.
This will be the first SEZ in India to be developed by an Urban Local Body, namely a Municipality.
Another one is a Multi-Sector SEZ, which will be developed by M/s Pondicherry Industrial Promotio...