The foundation stone of Rajiv Gems Park at the Hardware Park in Shamshabad was laid by chief minister Y S Rajasekhara Reddy on Saturday. | |
| This SEZ in Andhra Pradesh marks the nation's third SEZ catering to the gem and jewellery industry after Santacruz in Mumbai and Salt Lake in Kolkata. |
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| The Gitanjali Group has been chosen by the state government to develop the SEZ that would be involved in the designing, cutting and polishing of jewellery. |
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| The zone, once fully operational, would generate 50,000 new jobs and this number is expected to rise to two to three lakh in due course, informed a press release. |
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