Economy

Exports from SEZs up 46.7% to Rs 2.23 lakh cr in April-Dec

Press Trust of India New Delhi | Updated on March 16, 2011

Mr Jyotriditya Scindia   -  The Hindu

Exports from special economic zones (SEZs) grew by 46.7 per cent year-on-year to Rs 2.23 lakh crore during the April-December period of the current fiscal, Parliament was informed today.

“The total physical exports from SEZs in the first three quarters of the current financial year has been to the tune of Rs 2,23,132 crore approximately registering a growth of 46.7 per cent over the exports of the corresponding period of the previous year,” the Minister of State for Commerce and Industry, Mr Jyotiraditya Scindia, told the Rajya Sabha in a written reply.

Mr Scindia said that a total of 130 tax-free enclaves are currently exporting goods.

“This includes seven central government SEZs and 12 state/private sector SEZs set up prior to the enactment of SEZ Act 2005,” he said.

SEZs have emerged as major route for attracting investments and increasing exports. SEZs contributed about one-fourth to the country's overall exports.

The highest number of SEZs are operational in Andhra Pradesh (32) followed by Tamil Nadu (22), Karnataka (20), Maharashtra (16), Gujarat (13), Kerala (7), Uttar Pradesh (6), and West Bengal (5).

He further said that as on December 2010, Rs 1,95,348 crore has been invested in SEZs and the total direct employment has been generated for 6,44,073 persons. Shipments from SEZs increased by 121 per cent to Rs 2,20,711 crore in 2009-10 over the corresponding period last year.

Published on March 16, 2011

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