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SEZs fail to click in Uttarakhand

Shishir Prashant / Business Standard / New Delhi / Dehra Dun May 14, 2010, 0:23 IST

A couple of proposed special economic zones (SEZs), both in private and government sectors, in Uttarakhand have failed to make any headway.

Though Parsvnath and other private players have put on hold their SEZ proposals, the government is also not showing any enthusiasm. Officials here claimed that private players were not finding market conditions conducive to setting up of SEZs. Parsvnath is building a SEZ at Sahastradhara Road here.

The government is also yet to enact its own SEZ Act and take final decisions on its proposed SEZs at Sitarganj and Dehra Dun. Already, it has shelved its proposal to build an SEZ at Pantnagar. [more]