Odisha Policy for Special Economic Zones - 2015
The Odisha government has cleared its long pending new SEZ (Special Economic Zone) policy aimed at offering incentives to promote SEZs. Under the new policy, developers of multi product SEZs can sub-lease land on the condition that the land has to be utilised within five years. The new SEZ policy would be applicable to both existing and proposed SEZs in the state. The notified SEZs in Odisha include Tata Steel's multi product SEZ at Gopalpur, Vedanta's sector specific SEZ (Jharsuguda), Saraf Agencies SEZ (Chhatrapur), Tata Consultancy Services (TCS) IT/ITes SEZ, Hindalco Industries SEZ (Sambalpur) and the Infovalley IT SEZ being developed by Odisha Industrial Infrastructure Development Corporation (Idco) on the outskirts of Bhubaneswar.