Multi-product SEZ in Tirunelveli: Nanguneri Project: Nearby districts of Madurai

A memorandum of understanding to establish a multi-product first Special Economic Zone (SEZ) in Nanguneri, Tirunelveli, was signed in presence of Chief Minister M Karunanidhi at the Secretariat Thursday.

The estimated Rs 15,000 crore project will be implemented by Tamilnadu government with assistance from Tamilnadu Industrial Development Corporation (TIDCO) on 2,520 acres and aims to provide employment to 70,000 people. This is great for both job seekers and for the potential entrepreneurs.

The project would be jointly executed by TIDCO, AMR group of companies and AMRL International Tech City Ltd. The products that would be manufactured here include spareparts for engineering and medical utilities, electrical and electronic products, information technology, along with biological products and transportation units in the first phase.

sourced from news today net. a chennai based english news evening daily!