As one of the fastest growing economies
in the world, India has been attracting increasing
international investments. The country witnessed
a 13.2% in Foreign Direct Investment (FDI) in 2005
and has been the highest beneficiary amongst Asian
countries.
According to the ministry of commerce, the total
exports - mainly manufactured goods - is rising
at an amazing 26% annually. The ministry of finance
further endorses this by declaring that the manufacturing
sector is growing at 9.4% annually.
India is therefore poised to become a major player
in the world economy in the next decade.
High quality standards are established with two-thirds
of the world’s SEI/CMM level 5 companies being
in India. With a massive pool of highly trained
manpower, numerous research and educational institutions
and the governments liberalisation policy, several
international players are setting up manufacturing
units in India making the country rise to become
the new manufacturing hub of the world.
Velankani Technology Parks Pvt. Ltd, a 100% subsidiary
of Velankani Information Systems Ltd was incorporated
in the year 2006. VTPPL is developing an “Electronic
Hardware Manufacturing and ITES” SEZ at Village
Podavur, Sriperumbudur Taluk, Kancheepuram District,
Tamilnadu. The land area for the SEZ is about 250
acres.
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SEZ
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