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Delhi State Industrial & Infrastructure Development Corporation (DSIIDC) proposes to set up two Special Economic Zones (SEZ), one in Gems & Jewellery and the other in IT & IT-enabled services with a total investment of Rs 785 crore. All clearances have been received from the Commerce & the Environment Ministries and the work expected to commence from March 2010. The proposed SEZs will be spread over 67.4 acres of land in Baprola village in northwest Delhi and is expected to be functional within the next 30 months.

The Gems & Jewellery SEZ will occupy 41.4 acres and will have specialised infrastructure facilities for identification, grading and certification of diamond as well as a world-class Gems & Jewellery Training Institute. It is expected to provide direct employment to 18,000 people and indirect employment to 54,000 people. Indian branded jewellery is growing at 40 percent per year and its expected market size would be $2.28 billion by 2010 and Delhi contributes approximately 10 per cent of the country's total export of gems and jewellery.

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