Wednesday, July 05, 2006

Welcome to Reliance SEZ

It is well known fact that India severely lacks basic infrastructure so essential for industrialization and modernization for a country with 1.1 Billion population. Former PM of India, Shri Atal Bihari Vajpayee, under whose vision the dream project of Golden Quadrilateral started in 2002 didn't solve all of India's problems and hence proposal to form Special Economic Zones was moved. For more details refer to SEZIndia.

Reliance under the able leadership of Mukesh Ambani, is building two worldclass SEZs. One at Jamnagar for a new Petroleum complex much on the similar lines like his father, Dhirubhai Ambani did in early 90s including taking the company public even before they had the machineary, forget production and profits :) The second one is coming up in Haryana which will cover 25,000 hectares of land. Lets closely follow the developments of SEZ and Real Estate in India here.

Cheers!

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