Nagpur: Central govt denotifies SEZ in Phaltan, Satara

16 Sep 2024 CW Team

The special economic zone (SEZ) in Phaltan tehsil of Satara district was fully denotified by a gazette issued by the Central government on 11 September. In 2010, approximately 101.25 hectares of land from Survadi and Nandal villages in Phaltan had been designated as an SEZ for the engineering sector, with the intention of providing concessions to industries, boosting foreign investment, and creating jobs.

According to an official from the Maharashtra Industrial Development Corporation (MIDC), 48.17 hectares of this land had been denotified earlier in 2017. The official explained that the remaining land area of 53.08 hectares, which housed units of an industrial conglomerate, was now being de-bonded from the SEZ status. The conglomerate had opted to operate as a domestic tariff area (DTA), which means it would not be required to comply with duty-free regulations but would need to adhere to other industry regulations. The MIDC official, who requested anonymity, noted that the proposal for the full denotification of the SEZ had been put forward and the Central government had subsequently issued the gazette this week.

However, the Central government has instructed the state government to develop infrastructure in the denotified area to support the functions of the former SEZ and to ensure compliance with existing land use guidelines in the zone. The MIDC official also informed TOI that the denotification of the SEZ would not affect industrial operations, which would continue as before.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..