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GMR's SEZ in Tamil Nadu delayed

G Seetharaman / DNA
Sunday, November 22, 2009 23:26 IST
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Mumbai: GMR Infrastructure's 3,300-acre special economic zone (SEZ) in Tamil Nadu will be delayed owing to lacklustre demand from IT and IT-enabled services (ITES) companies.
The company had in August 2007 signed a memorandum of understanding (MoU) with the Tamil Nadu Industrial Development Corporation (Tidco) to set up a multi-product SEZ in Krishnagiri, which is 70 km from Bangalore and is connected to National Highway (NH)-7 that runs between Chennai and Bangalore.

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