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The Madras Export Processing Zone (MEPZ) at Tambaram was the third SEZ to be established in India, in 1984. Now, the facility spread over 262 acres is set for vertical redevelopment of 10 lakh sq m (more than 1 crore sq ft) that will bring in more companies and boost value of its exports to ₹30,000 crore and create another 1 lakh jobs, Alex Paul Menon, development commissioner, MEPZ SEZ, tells TOI in...

Somit Sen, Editor-Transport, Energy at The Times of India, Mumbai. He covers stories on Power beat in Maharashtra and on Oil & Gas. He also covers RTO, transport ministry, Maharashtra State Road Transport Corporation, interstate transport (trucks/tempos) and the fleetcabs.Read More!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if (!isFBCampaignActive) {...

CHENNAI: Tamil Nadu is setting up a 100 crore 'co-creation fund' to support the emergence of more venture capital funds in the state to improve investments for regional startups, women-led ventures and those innovating in rural impact and climate action. While the fund will be managed by professionals, the government will pool in a predetermined percentage based on the fund's target theme. This proposal...