The Hindu Business Line : Gujarat SEZs see Rs 74,000-cr exports in 2009-10

The special economic zones (SEZs) based in Gujarat have projected exports to the tune of Rs 74,190.24 crore for the fiscal 2009-10. The projected exports from all SEZs in the country for 2007-08 are to the tune of Rs 67,088 crore.

Of the 50-odd SEZs cleared, 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 focusing on gems and jewellery, high-tech engineering products, power, textile garments, electronics products and chemicals.

The multi-product SEZ, being set up 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.

The multi-product SEZ at Surat is expected to export products worth Rs 15,000 crore, according to Mr Ravi S. Saxena, Development Commissioner, Kandla SEZ, Union Ministry of Commerce and Industry, and in-charge of SEZs in Gujarat.

The Essar-Hazira SEZ is deemed to export products worth Rs 5,100 crore, while the Mundra SEZ would account for Rs 1,855 crore, he told Business Line here. Zydus Cadila’s SEZ on pharmaceuticals near Ahmedabad is expected to export goods worth Rs 447 crore, while Suzlon’s SEZ on hi-tech engineering products near Vadodara would export goods worth Rs 679 crore.

Besides, the engineering products SEZ, being set up by E-Complex Pvt Ltd in Amreli district is expected to make exports worth Rs 1,672 crore, he said. Other SEZs are at various stages of implementation.

The Centre has so far granted formal approval to 404 SEZs in the country, of which 172 have been notified. 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 expected in these SEZs where 22 lakh new jobs are likely to be created.

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