The Uppal Group recently received government approval for setting up India’s first multi-service SEZ at Gurgaon. The 263-acre SEZ involves an investment of over $ 1.3 bn across a five-year period, and will house companies from sectors such as IT/ITES, biotech, robotics, warehouse, international trading, and R&D-related services.

The SEZ is also expected to generate employment for approximately 75,000 people, besides providing an export potential of over one billion dollars within the next seven years.

The Delhi-based real estate developer is also in talks with several foreign investors for jointly developing the property. Besides it has also succeeded in gaining approval for the development of IT and ITES specific SEZs in Gurgaon spread over 60 acres.