The national capital will have two Special Economic Zones (SEZs) - one for gold and jewellery and the other for information technology (IT), to be set up at a cost of Rs 785 crore, an official said on Sunday.

The facilities are expected to provide direct employment to 54,000 people and indirect employment to 162,000, Delhi State Industrial and Infrastructure Development Corp (DSIIDC) Chairman Chetan Sanghi said in a statement.

The IT SEZ is expected to provide direct employment to 36,000 people and indirect employment to 108,000 people, said Mr Sanghi. These two SEZs would operate as independent entities.

The proposed SEZs would come up on 67.4 acres of land in Baprola in northwest Delhi, of which the gold and jewellery SEZ would take up 41.4 acres.

He said the IT SEZ would also have social amenities, utilities and specialized infrastructure. The complex would house convention halls, hotels, hospitals and residential accommodation. The government will frame policies to involve private players to be a part of these tax free zones.

Gurgaon and Noida are better placed in the IT capabilities as compared to Delhi this could be what prompted the Delhi government to come up with SEZ along with the numerous employment opportunities and income streams.