The Unit Approval Committee (UAC)
of MEPZ SEZ, chaired by Thiru Alex Paul Menon IAS, convened today to review and
approve new proposals aimed at driving economic development and job creation. The
committee approved a total of 6 (SEZ) units and 1 Export Oriented Unit (EOU),
amounting to an overall investment of ₹70.15 crore, expected to generate
employment opportunities for 1,363 individuals.
Key Approvals:
Among the SEZ approvals, M/s.
Accenture Solutions Pvt Ltd stands out with an investment of ₹29.37 crore
in the KGISL SEZ, Coimbatore, creating 750 new jobs in the IT-ITES sector.
Similarly, M/s. R. Stahl Pvt Ltd will invest ₹20 crore in SIPCOT SEZ,
Sriperumbudur, contributing to the growth of services and trading while
generating 486 jobs.
Additionally, the UAC approved
the establishment of M/s. Michigan Stones Private Limited as an EOU,
which will invest ₹5.12 crore in the manufacturing sector, creating 24 jobs.
Commitment to Ease of Doing Business:
In alignment with MEPZ SEZ’s
commitment to fostering a business-friendly environment, the UAC reiterated its
practice of issuing Letters of Approval (LoAs) on the same day for units that
meet all compliance requirements. This streamlined process ensures that
investors can quickly move forward with their projects, accelerating economic
growth and job creation.
“We are dedicated to enhancing
the ease of doing business,” said Thiru Alex Paul Menon IAS. “Issuing same-day
LoAs is a vital part of our strategy to attract more investments and create a
dynamic economic ecosystem.”
With these approvals, MEPZ SEZ continues to play a pivotal role in driving the region's economic growth through efficient processes, new investments, and significant job creation across various sectors.
BalaSarvesh
BM Chennai