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<h1>Government Approves IT and ITES Special Economic Zone by Sanyo Resorts in Raigad, Maharashtra under SEZ Act 2005</h1> The Central Government has approved the establishment of a sector-specific Special Economic Zone (SEZ) for information technology and IT-enabled services at Village Kolkhe, Taluka Panvel, District Raigad, Maharashtra. The proposal was submitted by a private organization, M/s. Sanyo Resorts (P) Limited, under the Special Economic Zones Act, 2005. After fulfilling the necessary requirements, a letter of approval was granted on June 25, 2007. The designated area, as specified in the notification, covers various survey numbers totaling 10.692 hectares. This notification formalizes the SEZ under the relevant sections of the SEZ Act and Rules.