The multi-product SEZ, financed by Srei and marketed by another Srei initiative Attivo, is ready to house diverse industries, including electronics, general engineering, aerospace, auto and components, solar, renewable energy, food processing, and many more. The SEZ has the potential to generate direct employment in excess of 50,000 over the next decade, the company’s media statement stated.
Spread over 2,518 acres in Nanguneri, Tirunelveli district of Tamil Nadu, AMRL SEZ has created a sustainable and comprehensive industrial zone. The SEZ has easy access to the Tuticorin port and airport, and is well-connected with road and railway networks, allowing industries to connect and communicate with both global and national markets with ease. This is complemented with assured water supply, telecommunication infrastructure and availability of skilled, employable and inexpensive human resources.
Incidentally, Tamil Nadu government’s Global Investors Meet in 2015 showcased the attractive growth prospects of the state and demonstrated the state government’s commitment in maintaining its position as one of India’s most preferred investment destinations. While the SEZ has been operational for some time, current initiatives have given a further impetus to the on ground development. The first phase of the SEZ, spread over 1,250 acres, offers investors an opportunity to actively participate in the Tamil Nadu growth story.
Commenting on the development, Attivo Economic Zones CEO Indranil Dasgupta said: “We expect the SEZ which can also offer an adjacent domestic tariff area (DTA) in the near future, to kick-start the industrialization of the region. Being located in the less developed part of the state, the government offers a slew of incentives to encourage industry to set up facilities in this part of the state.”
Elaborating further, Dasgupta added, “Tamil Nadu is the second largest contributor to India’s GDP. Through AMRL SEZ , we will be able to participate in the growth story of the state and be the engine for Tamil Nadu’s economic growth and development in the southern region.”
With the financial support received from Srei and the marketing efforts of Attivo Economic Zones, AMRL SEZ management expects to bring in domestic as well as global investments. Presently, the SEZ has nine companies on board across industry like LED lighting, pumps, solar components and warehousing. Charlie Blackmon Authentic JerseyShare This