More than Rs One lakh Crore investment expected by December

Bangalore, Aug 17 (UNI) Mr G K Pillai, Secretary, Union Commerce Ministry today said that more than Rs One Lakh Crore investment was expected to be invested by December-07 in the country in Special Economic Zones (SEZ).

Talking to newsmen here, he said that already Rs 46,705 Crore investments had been made by various industrialists and more than 46,000 jobs have been created.

He said that 366 proposals have so far been received for setting up SEZs and 137 have been notified and 60 are functioning at present.

Mr Pillai later held an Open House discussion on EOUs and SEZ Units.

UNI