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of <h1>Government Approves New SEZ for Free Trade and Warehousing in Sai Village, Maharashtra; Includes Inland Container Depot Status.</h1> The Central Government has approved the establishment of a sector-specific Special Economic Zone (SEZ) for Free Trade and Warehousing at Sai village, Panvel, Raigad, Maharashtra, proposed by a private organization. The SEZ covers 45.76 acres, with detailed survey numbers listed. An Approval Committee, comprising government officials and a representative from the developer, has been constituted to oversee the SEZ's activities. The SEZ is also designated as an Inland Container Depot effective May 4, 2009, under the Customs Act, 1962. The notification references a later amendment for de-notified areas.
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