Ø New Approvals Set to Accelerate
Investment, Manufacturing and Jobs in Puducherry
Key Points
·
The Government of India has notified two new Special Economic Zones
(SEZs) in Puducherry following approval by the Board of Approval (BoA) for SEZs in its 137th meeting held on 27 February
2026.
·
The new SEZs aim to strengthen India's industrial base, boost exports,
attract investments, and generate employment.
1. IT/ITES SEZ at Thattanchavady
·
Developer: Oulgaret Municipality
·
Location: Thattanchavady village, Oulgaret Taluk, Puducherry
·
Land Area: 8.623 hectares
·
Proposed Investment: ₹725 crore
·
Employment Potential: 3,500 jobs
·
Sector: IT/ITES
·
Significance: India’s first SEZ to be developed by an Urban Local
Body (Municipality).
2. Multi-Sector SEZ at Karasur
·
Developer: Pondicherry Industrial Promotion Development and
Investment Corporation
·
Location: Karasur village, Villianur
Taluk, Puducherry
·
Land Area: 86.246 hectares
·
Proposed Investment: ₹1,250 crore
·
Employment Potential: 5,000 jobs
·
Sector: Multi-Sector
Overall Impact
·
Total Investment Proposed: ₹1,975 crore
·
Total Employment Generation: 8,500 jobs (direct and indirect)
·
Expected to accelerate:
o Industrial and manufacturing growth
o IT and services sector expansion
o Export-oriented development
o Regional economic growth in the Tamil
Nadu–Andaman & Puducherry (TAP) Region
Significance
·
Marks a major milestone in Puducherry’s industrial and export-led growth
strategy.
·
Supports India's vision of diversified SEZ-led economic development.
·
Enhances investment attractiveness, employment creation, and
self-reliance in strategic sectors.
·
Strengthens India's industrial, technology, manufacturing, and services
ecosystem.
[ABS News Service/30.05.2026]
The Government has notified two new
Special Economic Zones (SEZs) in the Union Territory of Puducherry. The
proposals were approved by the Board of Approval for SEZs under the Department
of Commerce during its 137th meeting held on 27.02.2026.
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.
These approvals constitute a major milestone for Puducherry’s industrial and
export-led growth strategy and are expected to expand opportunities for
investment, manufacturing, and high-quality employment.
Out of these two SEZs, one IT/ITES
SEZ will be developed by M/s Oulgaret Municipality at
Thattanchavady village in Oulgaret
Taluk. This will be the first SEZ in India to be developed by an Urban Local
Body, namely a Municipality. The other, a Multi-Sector SEZ, will be developed
by M/s Pondicherry Industrial Promotion Development and Investment Corporation
(PIPDIC) at Karasur village in Villianur
Taluk.
The brief details of these 2 SEZs are
as under:
|
S.No. |
Name of the Entity |
Proposed Location of SEZ |
Land Area (Hectares) |
Proposed Investment (₹ Crore) |
Proposed Employment (Direct/ Indirect) |
Sector of operation |
|
1 |
M/s. Oulgaret Municipality |
Thattanchavady village, Oulgaret Taluk, Puducherry |
8.6230 |
725 |
3500 |
IT/ ITES |
|
2 |
M/s. Pondicherry Industrial Promotion Development and Investment
Corporation |
Karasur
village, Villianur Taluk, Puducherry |
86.2457 |
1250 |
5000 |
Multi Sector |
The projects underscore the growing
momentum across the industrial ecosystem of the Tamil Nadu, Andaman &
Puducherry (TAP) Region, where diversified sectors and large-scale projects are
increasingly contributing to employment generation and regional economic
development.
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.