Opto Circuits India has received formal approval from the ministry of commerce and industry, department of commerce, Government of India for developing a SEZ at Nanjanagud near Mysore.
The company is likely to establish its new manufacturing facilities in the proposed SEZ. It will also focus on establishing manufacturing facilities for various health care related hardware electronic products.
The Land Bank between Bangalore and Mysore on the Nandi Infrastructure Corridor is eyed by Devegowda and family who have not got SKIL Infrastructure to back them.
SKIL - Sea King Infrastructure Limited is Nikhil and Bhavesh Gandhi promoted company which developed the Navi Mumbai SEZ. However, SKIL is now being remotely managed and controlled by Mukesh Ambani and Anand Jain.
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