Special Economic Zone designation for biotechnology creates notified SEZ with approval committee and ICD status effective. Notification designates a sector-specific Special Economic Zone for biotechnology at Village Pathardi, Ratnagiri, totaling 10.36 hectares under the Special Economic Zones Act, 2005, following grant of letter of approval for development, operation and maintenance. The Central Government constitutes an Approval Committee with specified ex officio members and a developer representative as special invitee, and declares the SEZ to be an Inland Container Depot under the Customs Act, 1962.