Ministry of Commerce & Industry,
Government of India has approved M/s Urban Infrastructure Constructions
Private Limited as co-developer for undertaking the construction
of infrastructure incidental to the development, operation and maintenance
of 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.