Budget allows one-time concessional duty sales by SEZ units in domestic market

India’s latest budget proposes a special one-time measure allowing eligible manufacturing units in Special Economic Zones to sell goods in the Domestic Tariff Area at concessional duty rates, responding to global trade volatility and US tariffs. | Photo Credit: BIJOY GHOSH Responding to long-standing industry demands amid global trade volatility and US tariffs, Finance Minister […]

ArcelorMittal GCC leases nearly 1 lakh sq ft at Nalanda SEZ IT Park in Pune for ₹62.6 lakh monthly rent

The ArcelorMittal Global Capability Centre (GCC) has leased approximately 1 lakh sq ft of office space at Nalanda SEZ IT Park in Hinjewadi, Pune, through two separate lease agreements, which will increase its total monthly rent to around ₹62.6 lakh, according to lease documents shared by Propstack. ArcelorMittal GCC has leased about 1 lakh sq […]