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Monday, 19 June 2006, 17:51 GMT 18:51 UK

India to build huge economic zone

Reliance Industries Limited has signed an agreement to build India's largest industrial infrastructure project.

The $8bn special economic zone will cover over 10,000 hectares near Delhi, in the northern state of Haryana.

It will include a cargo airport, a large power station, homes, shopping malls and sports facilities.

Reliance, one of India's top companies, will provide $5bn. Its chairman says the zone will compete with top Asian hubs in China, Indonesia and Malaysia.

Critics say the land has been acquired by depriving thousands of poor farmers of their homes and livelihoods.



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