Union Government approves ₹1,250 crore Information Technology (IT) Park in Puducherry

Exam-focused facts from the 19 March 2026 current affairs briefing.

Key facts

The Union Government has granted approval to the Puducherry government to establish a dedicated Special Economic Zone (SEZ) for Information Technology (IT) at a cost of ₹1,250 crore.
The project will be developed on 21.3 acres of land at Thattanchavady, which is currently owned by the Oulgaret municipality.
The IT park is designed as a mini-city with 70% of the area dedicated to plug-and-play offices and the remaining 30% allocated for residential housing, a shopping complex, a medical centre, a bank, and a fire station.
The SEZ is projected to create nearly 30,000 jobs and generate service exports worth ₹10,000 crore over the next 10 years.
The facility will incorporate environmentally friendly features, including green buildings and smart waste management systems.