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<h1>Central Government Establishes Free Trade Warehousing Zone in Raigad, Maharashtra, Effective March 2024 under Customs Act.</h1> The Central Government has notified the establishment of a Free Trade Warehousing Zone (FTWZ) covering 51.3160 hectares in Village Talvali and Palasdari, Taluka Karjat, District Raigad, Maharashtra. This development is proposed by a private infrastructure company under the Special Economic Zones Act, 2005. An Approval Committee has been constituted, comprising various government officials and representatives, to oversee the zone's operations. The zone is designated as an Inland Container Depot effective from March 13, 2024, under the Customs Act, 1962, facilitating trade and warehousing activities within the specified area.