Government to consider TCS, Infosys proposals to set up SEZ on November 15

NEW DELHI: The government will consider on Friday the proposals of TCSNSE 3.09 % and InfosysNSE -0.91 % to set up special economic zones (SEZ) in IT sector.

The proposals will be taken up by the Board of Approval, the highest decision making body for SEZ, in its meeting on November 15. The inter ministerial body is chaired by the Commerce Secretary.

Infosys has proposed to set up two SEZs — one each in Kancheepuram and Pune — according to the agenda paper of the board meeting.

The total proposed investment for Pune project is Rs 361.53 crore, while it is Rs 336 crore for the Kancheepuram project.