The government has given approval for a cluster of special economic zones (SEZs), including Reliance Industries Ltd's (RIL's) petrochemicals zone at Jamnagar, IT major Wipro's 6 SEZ projects in 5 cities, Biocon's biotech SEZ at Bangalore and Serum Instititute's pharmaceutical (vaccines) zone at Pune. The development of these zones, each of which will house a large number of manufacturing/service units, will involve an investment of over Rs 15,000 crore.
RIL is to invest Rs 8,000 crore to develop the zone to manufacture naphtha, a refinery output, to scores of downstream petrochemical units that will come up in the zone
06-Sep-05 
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