Flextronics Secures Approval To Partially De-notify Sriperumbudur SEZ
ECONOMY & POLICY

Flextronics Secures Approval To Partially De-notify Sriperumbudur SEZ

Flextronics Technologies India has secured approval from the Board of Approval for Special Economic Zones under the Union commerce and industry ministry to partially de-notify a segment of its SEZ land in Tamil Nadu. The decision responds to prolonged export headwinds and policy shifts that have reduced the utilisation of the Sriperumbudur facility. Officials described the move as a measure to enable repurposing of underutilised parcels while preserving the company’s broader SEZ presence.

The Board approved carving out 15.42 hectares from a 76.14-hectare special economic zone at the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) Industrial Park in Sriperumbudur. Capacity utilisation at the facility has fallen to below 10 per cent since the Covid-19 pandemic, prompting reassessment of incentives and land use. The diminishing relevance of SEZ-linked tax incentives contributed to the company’s decision to seek de-notification.

The Tamil Nadu government recommended the partial de-notification to allow the company to repurpose underutilised land, according to meeting minutes accessed by local media. A site inspection on December 18, 2025, by officials from the Office of the Development Commissioner, Madras Export Processing Zone, together with state revenue authorities, found that the parcel identified for de-notification had no operational units. Inspectors also noted that no tax or duty benefits had been availed on the land.

Officials established that the remaining zone would continue to meet contiguity requirements under the SEZ Rules, 2006, and that Flextronics would retain its letter of approval and SEZ status. Flextronics will continue to operate as developer for the remaining area alongside the SIPCOT, which will act as co-developer. The approval is expected to enable more efficient land use within the park and allow the company to pursue alternative commercial or industrial purposes for the carved-out parcel.

Flextronics Technologies India has secured approval from the Board of Approval for Special Economic Zones under the Union commerce and industry ministry to partially de-notify a segment of its SEZ land in Tamil Nadu. The decision responds to prolonged export headwinds and policy shifts that have reduced the utilisation of the Sriperumbudur facility. Officials described the move as a measure to enable repurposing of underutilised parcels while preserving the company’s broader SEZ presence. The Board approved carving out 15.42 hectares from a 76.14-hectare special economic zone at the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) Industrial Park in Sriperumbudur. Capacity utilisation at the facility has fallen to below 10 per cent since the Covid-19 pandemic, prompting reassessment of incentives and land use. The diminishing relevance of SEZ-linked tax incentives contributed to the company’s decision to seek de-notification. The Tamil Nadu government recommended the partial de-notification to allow the company to repurpose underutilised land, according to meeting minutes accessed by local media. A site inspection on December 18, 2025, by officials from the Office of the Development Commissioner, Madras Export Processing Zone, together with state revenue authorities, found that the parcel identified for de-notification had no operational units. Inspectors also noted that no tax or duty benefits had been availed on the land. Officials established that the remaining zone would continue to meet contiguity requirements under the SEZ Rules, 2006, and that Flextronics would retain its letter of approval and SEZ status. Flextronics will continue to operate as developer for the remaining area alongside the SIPCOT, which will act as co-developer. The approval is expected to enable more efficient land use within the park and allow the company to pursue alternative commercial or industrial purposes for the carved-out parcel.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement