After signing an MOU with Maharashtra government for multi-product Special Economic Zone (SEZ) at Pune, Mahindra Gesco plans to build four more SEZs in the country.
Subsidiary of Mahindra Group, Mahindra Gesco's SEZs are already present in Chennai and Jaipur.
Three zones would be product specific, while the fourth in eastern India would be devoted to multi-product.
The product specific SEZs will be for information technology and apparel industries and are expected to come up by mid-2007.
Arun Nanda, the company's Vice-Chairman said that for the apparel SEZ, company was considering two sites, one in the Delhi area and another in the Bangalore-Tirupur belt.
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