An Area to set up a sector specified SEZ for IT/ITEs by M/S. Phoenix Ventures Pvt. Ltd

Dated 16th August, 2017 | Copy of | Notification Sl.74 | 

WHEREAS, M/s. Phoenix Ventures Private Limited has proposed under section 3 of the Special Economic Zones Act, 2005 (28 of 2005), (hereinafter referred to as the said Act), to set up a Sector Specific Special Economic Zone for IT/ITES at Gachibowli Village, Serilingampally Mandal, Ranga Reddy District, in the State of Telangana;

AND, WHEREAS, the Central Government is satisfied that requirements under sub-section (8) of section 3 of the said Act, and other related requirements are fulfilled and it has granted letter of approval under sub-section (10) of section 3 of the said Act for development, operation and maintenance of the above sector specific Special Economic Zone on 26th April, 2017;

NOW, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (1) of section 4 of the Special Economic Zones Act, 2005 and in pursuance of rule 8 of the Special Economic Zones Rules, 2006, hereby notifies the 2.39 hectares (5.93 acres) area at above location with survey number given in the table below as a Special Economic Zone, namely:

AND, THEREFORE, the Central Government, in exercise of the powers conferred by sub-section (2) of section 53 of the Special Economic Zones Act, 2005 (28 of 2005), hereby appoints the 16th day of August, 2017 as the date from which the above Special Economic Zone shall be deemed to be Inland Container Depot under section 7 of the Customs Act, 1962 (52 of 1962).

Sd/-
(Sunil Kumar)
Addl. Secy.
S.O.2736(E)
f.No.F.1/19/2017-SEZ

Issued by:
Ministry of Commerce and Industry
(Department of Commerce)
New Delhi