www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Hotels
Sign In / Register | Archive
Expressindia » Story

Exports from SEZs to grow by 15 pct

Font Size

Agencies

Posted: Nov 05, 2009 at 1420 hrs IST

New Delhi Exports from the Special Economic Zones are likely to grow by 15 per cent in the current fiscal over 2008-09, a senior government official said on Thursday. In the previous fiscal, exports from the SEZs was Rs 99,689 crore.

"In 2009-10, exports from SEZ are likely to increase by about 15 per cent over the last fiscal...We are confident that exports growth will be there (despite the slowdown)," D K Mittal, Additional Secretary in Commerce Ministry, told reporters in the capital.

He said the shipments were at Rs 1,01,264 crore in the first half of the current fiscal itself. "We have robust growth from the SEZs," Mittal added.

Exports from Reliance Industries' Jamnagar refinery is likely to contribute substantially to the total shipments this fiscal, another official said.

As per the industry experts, gems and jewellery, textiles, engineering and telecommunications SEZs were the major contributers to the exports.

As on September 30 this year, 578 SEZs have got formal approval, 147 'in-principle' approval, and 340 have been notified. Of this, 101 are functional. The total investments in SEZs were at Rs 1,29,985.52 crore till September.

The total employment in the tax free enclaves as on September 30, was 4,18,129 people.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Pak father-son duo held in Italy over Mumbai attacks

India attaches high priority to its ties with US: Manmohan

26/11 mastermind Saeed freely roaming, preaching in Pakistan

Will report to ED only after Jharkhand polls, says defiant Koda

Parambir Singh to move court against Gafoor's outburst

Chhattisgarh police is not prepared for guerrilla war with Maoists'

IBN-Lokmat attack: 17 persons sent to two days police custody

More
Featured Services
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map