The first lot of 18 industrial plots on 45 acres in the upcoming JNPT SEZ in Navi Mumbai has been bought by entrepreneurs for Rs 100 crore.
Businessmen owning small and medium-sized enterprises (SMEs) plan to invest around Rs500 crore to set up manufacturing units on the land that is close to Navi Mumbai international airport.
Six of the 18 companies are on the verge of signing agreement to commence business activities. Another 12 firms are to be selected by the JNPT SEZ authorities through a bidding process.
