Special Economic Zone area requirements updated, adjusting minimum sizes, built-up processing area and approval mechanisms. The amendments set differentiated area norms: non-IT/ITeS, biotech and health SEZs require contiguous land area thresholds with exceptions for specified states and territories; IT/ITeS, biotech and health SEZs have no minimum land area but must meet minimum built-up processing area by city category. Minimum processing area must be at least fifty percent of total SEZ area, existing SEZs are deemed multi-sector, and approval procedures permit the Board of Approval to grant one-year extension increments and the Approval Committee to endorse services broad-banded with IT/ITeS.
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Provisions expressly mentioned in the judgment/order text.
Special Economic Zone area requirements updated, adjusting minimum sizes, built-up processing area and approval mechanisms.
The amendments set differentiated area norms: non-IT/ITeS, biotech and health SEZs require contiguous land area thresholds with exceptions for specified states and territories; IT/ITeS, biotech and health SEZs have no minimum land area but must meet minimum built-up processing area by city category. Minimum processing area must be at least fifty percent of total SEZ area, existing SEZs are deemed multi-sector, and approval procedures permit the Board of Approval to grant one-year extension increments and the Approval Committee to endorse services broad-banded with IT/ITeS.
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