To set up an Electronic Hardware & Software including IT/ITES Special Economic Zone at Plot No. IT-3, IT-4, Airoli Knowledge Park, TTC Industrial Area, MIDC, Navi Mumbai, in the State of Maharashtra.
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Special Economic Zone designation for Hardware & Software IT/ITES establishes notified area and Approval Committee; inland depot status assigned.
Notification designates Plot No. IT-3 and IT-4, Airoli Knowledge Park, Navi Mumbai, as a Special Economic Zone for Electronic Hardware & Software including IT/ITES after grant of approval under the Special Economic Zones Act, specifying surveyed land parcels and total area. The Central Government constituting an Approval Committee with ex officio members (including the Development Commissioner as Chairperson, commerce, customs, income tax and banking representatives, two state nominees) and a developer representative as special invitee; the SEZ is deemed an Inland Container Depot for customs purposes from the notified effective date.