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Srei arm Attivo to invest Rs.3,000 cr in 2 SEZs

Industry Construction

Attivo Economic Zone, a Srei associate company, is planning to invest around Rs.3,000 crore, in phases, across two of its projects in Tuticorin, Tamil Nadu and Alibuag in Maharashtra. Investments will be spread over a 10-year period. The company will develop a project on 2,500 acres in Tuticorin at a cost of Rs.2,000 crore over a 10 year period; while for Alibaug, it will invest close to Rs.1200 crore over eight-odd years.

Extracted from HBL, Aug 27,’15

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