Friday, April 25, 2008

Gujarat Sezs Looks For Rs 74,000cr Exports In 2009-10

The special economic zones (SEZs) based in Gujarat have anticipated exports to the tune of Rs 74,190.24 crore for the fiscal 2009-10. The expected exports from all SEZs in the country for 2007-08 are to the tune of Rs 67,088 crore. Of the 50-odd SEZs approved, so far, in Gujarat by the Centre, notifications have been issued for 20. Of these, six are multi-products, two for pharmaceuticals, apparel and IT-ITeS, and engineering products each, and one each concentrating on gems and jewellery, high-tech engineering products, power, textile garments, electronics products and chemicals. The multi-product SEZ, being established by Reliance Infrastructure Ltd at Jamnagar in a 1,765-hectare area, is projected to export products worth Rs 45,029 crore, while the Kandla SEZ, also a multi-product zone, would export products worth Rs 4,407 crore. In Gujarat, most of the SEZs are coming in the core manufacturing sector, while in other States these are mainly in the IT and ITeS-related services. By December 2009, investments to the tune of Rs 2,59,159 crore are hoped in these SEZs where 22 lakh new jobs are likely to be created.

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