Tata Group to set up SEZ in Orissa
The Hindu Business Line — September 8, 2006

The 2,500 acres of land that Tata Group had acquired at Gopalpur in Orissa to set up a steel plant several years ago will be used for setting up of a Special Economic Zone, the Chairman of the Group, Mr Ratan Tata, said here on Wednesday. "We have approached the Central Government to re-designate the land to be used for developing of a Special Economic Zone," Mr Tata told presspersons after his meeting with the Orissa chief minister, Mr Naveen Patnaik. The proposed SEZ will house an electro-metallurgical industrial complex.

Many world-class strategic developers have already shown interest to invest in the proposed project. The encumbrance-free land, with rehabilitation completed, has been lying unused after the company dropped its proposal to set up a steel mill due to problems pertaining to infrastructure.