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Essel Likely to Drop Gorai SEZ Plan | Business Standard News 11/6/2019 Essel likely to drop Gorai SEZ plan | Business Standard News By continuing to use this site you consent to the use of cookies on your device as described in our Cookie Policy unless you have disabled them. You can change your Cookie Settings at any time but parts of our site will not function correctly without them. BS APPS BS PRODUCTS BS E-PAPER BS LEARNING SIGN IN SUBSCRIBE JUST IN Tech Mahindra posts Q2 revenue growth of 5.1% at Rs 9,070 cr, PBT Search News,Stock Quotes or Companie You are here: Home » Companies » News Honda Cars Philippines Exclusive Deals From Honda OPEN Essel likely to drop Gorai SEZ plan Newswire18 | Mumbai Last Updated at June 14, 2013 18:34 IST ALSO READ Move comes in wake of agitation by locals. Tata Steel agrees to pay interim relief to employees Essel Group is re-evaluating its plans to build the proposed special BEML ink pacts to make defence equipment in India economic zone in Gorai, in suburban Mumbai, following agitation from local residents, the company said. JSW to quadruple galvalume capacity Vegetable oil imports likely "The Gorai SEZ is just one among many future business projects of to increase 7% the Essel Group, and the group is re-evaluating its business Chana prices set for mild interests to go ahead with this project," the company said, quoting correction Chairman Subhash Chandra. "Essel is ready to drop the project," it said. This comes in wake of the recent agitation by activists like Medha Patkar, Ulka Mahajan, and Surekha Dalvi, who joined hands with https://www.business-standard.com/article/companies/essel-likely-to-drop-gorai-sez-plan-108022101101_1.html 1/4 11/6/2019 Essel likely to drop Gorai SEZ plan | Business Standard News the local residents of Gorai to protest against the proposed SEZ that would displace local ethnic population. Coming out strongly against the activists, senior vice-president, Dominate in Style corporate aairs, Nilesh Mistry said they were complete outsiders LED Daytime Running to this region, and clueless on the norms regarding development of Lights, 7” Touch Screen Display Audio. Learn the region. more "We would like to ask them if they have done anything by way of economic development that has beneted the local community," Mistry said. Meanwhile, Chandra said development of Gorai by Essel Group would "protect the region for future generations" from "builders' lobby and anti-social elements." The entire belt between Manori to Uttan, including Gorai, was declared a recreation and tourism development zone by the state government in 1999. Essel Group already has two amusement parks""Essel World and Water Kingdom""operating in this area. It has so far employed around 442 locals at these recreation centres. First Published: Thu, February 21 2008. 00:00 IST READ MORE ON COMPANIES NEWS PREVIOUS STORY NEXT STORY Eaton unveils its rst aerospace Chaayos forays into Bengaluru, Tech Mahi manufacturing facility in India plans to open 15 cafes by March growth of 2020 down 7.5% RECOMMENDED FOR YOU Sebi orders Wipro unveils GVK in Sun Pharma Bajaj Auto Ion Exchange new brand advanced shuts down unveils 2019 to refund… identity,… talks to sell… two R&D… edition of… https://www.business-standard.com/article/companies/essel-likely-to-drop-gorai-sez-plan-108022101101_1.html 2/4 11/6/2019 Essel likely to drop Gorai SEZ plan | Business Standard News COMMENTS 0 POST COMMENT There are no comments to display.Be the first one to comment! 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