Central Government notifies the 4.05 hectares area for Information Technology and Information Technology Enabled Services at Outer Ring Road, Rachanahalli Village, Nagavara, District- Bangalore, Karnataka - S.O. 2137(E)

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<h1>Central Government Declares 4.05-hectare Area in Bangalore as IT Special Economic Zone Under SEZ Act, 2005.</h1> The Central Government has designated a 4.05-hectare area at Outer Ring Road, Rachanahalli Village, Nagavara, Bangalore, Karnataka, as a Special Economic Zone (SEZ) for Information Technology and IT Enabled Services. This notification, dated June 13, 2016, follows the proposal by a private developer under the Special Economic Zones Act, 2005. An Approval Committee has been constituted to oversee the SEZ, comprising various government officials, including the Development Commissioner and representatives from the Ministry of Commerce and Industry, Customs, Income Tax, and the State Government. The SEZ is also recognized as an Inland Container Depot under the Customs Act, 1962.

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