Denotified special economic zones can turn into logistic hubs

  • | Saturday | 9th March, 2019

CHANDIGARH: Haryana government gives reprieve to special economic zones (SEZs) that have been denotified and are in the process of being denotified by allowing them to be developed as industrial logistic hubs. The ground coverage, floor area ratio (FAR) deciding the height of the building and parking will be allowed in accordance with the Haryana Building Code. The companies willing to take licenses for 'logistic hub' will be able to carve our institutional, residential and commercial zones. "But after the amendment in the policy, such warehousing units may be considered as part of industry for the purpose of setting up of colony. At present, warehousing is not inherent in the definition of industries and is thus restricted to 10% in an industrial township.

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