GIREM (Global Initiative for Restructuring Environment and Management)

Mr. Shyam Sundar S Pani, President, GIREM said, “This is a very positive decision and will open up the market in a big way. We are already seeing a upward trend in the commercial office space market. The enquires for spaces on table is far more this year than it was last year. The clarity in the SEZ norms, including build-up area and transfer of ownership will encourage and bring in participation of all stakeholders of SEZ. The new norms should encourage companies to seriously consider setting up operations in tier 2 cities such Kochi, Jaipur, Coimbatore, Bhubaneswar, Indore to enjoy not only the SEZ benefits but also reduction in operational costs.”

2013 - The story so far

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