Cheyyar Sez Developers is a company that is planning to undertake a special economic zone expansion project in Balethottam and Olaipatti village in Krishnagiri, Tamil Nadu. The purpose of this project is to expand the existing special economic zone located within the Bargur SIPCOT industrial park. The area of the expansion is 94.2 hectares. The estimated cost of the project is Rs.2145.6 million and the construction activities are planned to commence in March 2017 and end in December 2025. As of February 2023, the company is in the process of obtaining environment clearance for the project A Special Economic Zone (SEZ) is a designated area in a country where economic laws are more relaxed than the rest of the country, with the aim of promoting investment and boosting economic activity. SEZs typically offer tax incentives, streamlined regulations, and infrastructure facilities to attract foreign and domestic investment.
For more details of this project : Rs.2145 Million Special Economic Zone Expansion Project in krishnagiri, Tamil Nadu
