Ministry of Commerce & Industry,
Government of India has approved M/s Urban Infotech Solutions Private
Limited as co-developer for undertaking infrastructure related to
business of information, communication and entertainment (ICE) services
in the multi product Special Economic Zone at Dronagiri node of
Navi Mumbai, Maharashtra, proposed to be developed by Navi Mumbai
Special Economic Zone Pvt. Ltd.
Jai Corp will hold atleast 26% ( as required under
SEZ Act & Rules ) in this company.