Latest news with #AequsInfra
The Hindu
6 days ago
- Business
- The Hindu
Special Economic Zone for electronics sanctioned in Dharwad, says Joshi
A Special Economic Zone (SEZ) for electronics units in Dharwad has been sanctioned and published in the gazette by the Union government. According to a press release issued by Union Minister for Consumer Affairs, Food and Public Distribution Pralhad Joshi, the SEZ for electronics units proposed at Itigatti near Dharwad by Aequs Infra's Hubballi Durable Goods Cluster Private Limited has been approved by the Union government and published in the gazette. Mr. Joshi earlier took up the matter with Union Minister for Commerce and Industry Piyush Goyal and apprised him of the need for the establishment of electronics units in the region. Consequently, an SEZ has been approved for the electronics units in the region. As per the gazette notification, in the 391-acre Hubballi Durable Goods Cluster, 28 acres has been earmarked for the establishment of electronics units with provision for expansion based on demand. Mr. Joshi has in the release said that the SEZ for electronics units will give a boost to production of electronic products in the region and also facilitate Hubballi emerging as a power centre for global electronics production. It will facilitate industrial development, quality employment generation and economic progress, he has said. Mr. Joshi has thanked Mr. Piyush Goyal and Minister for Large and Medium Industries and Infrastructure Development M.B. Patil for giving the necessary approvals for the SEZ in Dharwad.
NDTV
6 days ago
- Business
- NDTV
"Matter Of Pride For North Karnataka": Union Minister Pralhad Joshi On New SEZ
Bengaluru: Union Minister Pralhad Joshi has welcomed the central government's announcement that a proposal by Aequs Infra's Hubballi Durable Goods Cluster Pvt Ltd to set up a Special Economic Zone (SEZ) for electronic components has become a reality. "This is a matter of joy and pride for North Karnataka, especially for the industrialists of Hubballi-Dharwad," Mr Joshi, the Union Minister of Consumer Affairs, Food and Public Distribution and New and Renewable Energy, said in a post on X. The SEZ has been notified in the gazette by the central government under the leadership of Prime Minister Narendra Modi, the Union minister said. "Recognising the need for electronics manufacturing in this region, I had requested the Union Minister of Commerce and Industry, Piyush Goyal, to approve it. Out of the total 391 acres of land in Aequs Infra's Hubballi Durable Goods Cluster, 28 acres have now been declared as an SEZ for electronics. In the coming days, as new electronics industries arrive, there is scope to expand the SEZ further," said Mr Joshi, whose Lok Sabha constituency is Dharwad. He said the SEZ will boost production of electronic products in the Hubballi-Dharwad industrial area. ಉತ್ತರ ಕರ್ನಾಟಕದ ಅದರಲ್ಲಿಯೂ ವಿಶೇಷವಾಗಿ ಹುಬ್ಬಳ್ಳಿ-ಧಾರವಾಡ ಕೈಗಾರಿಕೋದ್ಯಮಿಗಳಿಗೆ ಒಂದು ಸಂತಸದ ಮತ್ತು ಹೆಮ್ಮೆಯ ವಿಷಯ. ಧಾರವಾಡದ ಇಟ್ಟಿಗಟ್ಟಿಯಲ್ಲಿ ಏಕಸ್ ಇನ್ಫ್ರಾದ ಹುಬ್ಬಳ್ಳಿ ಡ್ಯೂರಬಲ್ ಗೂಡ್ಸ್ ಕ್ಲಸ್ಟರ್ ಪ್ರೈವೇಟ್ ಲಿಮಿಟೆಡ್ ಪ್ರಸ್ತಾಪಿಸಿದ ಎಲೆಕ್ಟ್ರಾನಿಕ್ ಘಟಕಗಳಿಗಾಗಿ ವಿಶೇಷ ಆರ್ಥಿಕ ವಲಯ (SEZ) ವನ್ನು ಪ್ರಧಾನಿ ಶ್ರೀ ನರೇಂದ್ರ... — Pralhad Joshi (@JoshiPralhad) August 13, 2025 "It will be a decisive step towards transforming Hubballi into a global electronics manufacturing hub. With its strategic location and skilled workforce, Hubballi-Dharwad is ready for rapid industrial growth, quality job creation, and economic progress," the Union Minister said. He also congratulated the management of Aequs Infra for their vision and commitment in obtaining the SEZ for electronic components.
