SIDCUL plans to invest Rs 400 crore in Sitarganj, enhancing infrastructure to attract new businesses amidst challenging industrial conditions.
CREDAI expresses reservations regarding the potential success of MIDC's updated SEZ policy, which allocates additional land for housing development. They insist concessions must be offered.
MIDC's new industrial policy allows 40% of SEZ land for residential projects, potentially generating ₹3.08 lakh Cr in revenue and boosting industry growth in Mumbai.