Farmers to set up own SEZ near Pune | INRnews
Pune, India, January 22, 2008 - Farmers in a village near Pune, Avasari Khurd, have been given an in-principle approval from the State Government to set up an SEZ. Farmers decided to take this step to unlock the value of nearly 3,500 acres of barren land said to be worth Rs. 900 crores.
Around 2,500 acres will be used for industrial development and around 1,000 acres for residential purposes. A detailed proposal is to be submitted to the State Government within a month.
Not only will this initiative create ownership of the SEZ by the farmers, but also bring 18,000 jobs to the area.
By INRnews Correspondent