Wednesday, August 5, 2009

Quark SEZ at Mohali delayed

QuarkCity India, the only notified Information Technology (IT) Special Economic Zone (SEZ) in Punjab, has sought time extension to the extent of three years from the centre to complete its product specific project in which it has invested Rs 300 crore

QuarkCity had proposed to invest a sum of Rs 500 crore for setting up an IT SEZ in Mohali spread over 13.75 hectares of land, which would generate direct and indirect employment of 27,500 post completion. The centre declared this project a notified SEZ in November 20

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