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of <h1>India Approves New Free Trade Warehousing Zone in Tamil Nadu; Operations Begin September 2024.</h1> The Central Government of India has approved the establishment of a Free Trade Warehousing Zone (FTWZ) by a private company in Athipattu, Nandiambakkam, and Puzhuthivakkam Villages, Ponneri Taluk, Tiruvalur District, Tamil Nadu. This decision, under the Special Economic Zones Act, 2005, involves a total area of 42.829 hectares, detailed by specific survey numbers. An Approval Committee, consisting of various government officials and representatives, has been constituted to oversee the zone's operations. The FTWZ will be recognized as an Inland Container Depot from September 9, 2024, under the Customs Act, 1962.
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