New Delhi [India], May 29 (ANI): The Government has notified two new Special Economic Zones (SEZs) in the Union Territory of Puducherry after approval by the Board of Approval for SEZs under the Department of Commerce during its 137th meeting held on 27 February 2026.
The move is aimed at strengthening India's industrial base, expanding exports, and supporting investment, manufacturing, and employment generation in the region. According to the Ministry of Commerce & Industry, "The projects mark a decisive step in the Government's continued push towards strengthening the country's industrial base, expanding exports, and deepening self-reliance in strategic sectors."
Out of the two SEZs, one IT/ITES SEZ will be developed by M/s Oulgaret Municipality at Thattanchavady village in Oulgaret Taluk, making it the first SEZ in India to be developed by a municipal body. The second is a Multi-Sector SEZ, which will be developed by M/s Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) at Karasur village in Villianur Taluk.
The government said the approvals are expected to strengthen Puducherry's industrial and export-led growth strategy and create new opportunities for investment and employment. It added that these SEZs "are expected to expand opportunities for investment, manufacturing, and high-quality employment."
The development is also seen as part of a broader strategy to boost the Tamil Nadu, Andaman & Puducherry (TAP) region's industrial ecosystem, where diversified sectors are contributing to regional economic growth.
The ministry further noted that "These SEZ notifications reflect a broader strategy aimed at strengthening India's industrial, technology, manufacturing, and services ecosystem through diversified SEZ-led growth, thereby enhancing resilience and scale to boost the economy, attract investment, and generate employment." (ANI)