Exports from SEZs set to reach Rs 1.25 lakh cr
New Delhi: Exports from the Special Economic Zones are expected to reach the
target of Rs 1,25,000 crore in the current fiscal, with Reliance Industries'
Jamnagar refinery alone likely to contribute Rs 35,000 crore to the total
shipments.
While leading SEZs like Mahindra World, Nokia, Apache, Hyderabad Gems and
Jewellery became operational in 2008-09, exports from these zones fell short of
target of Rs 1,20,000 crore in the last fiscal, according to the Export
Promotion Council for EOUs and SEZs.
"Gems and jewellery, textiles, engineering and telecommunications SEZs, were
the major contributers to the exports," council's Director-General L B Singhal
said.
Singhal was confident about meeting the target for the current fiscal with the
commissioning of the big ticket SEZ Jamnagar refinery by the Reliance
Industries in December last.
"We are hopeful of achieving the target as the exports from the Reliance
Industries Jamnagar SEZ are likely to be worth Rs 35,000 crore," he said.
The RIL has a production capacity of 5,80,000-barrels-per-day of fuel products.
http://www.financialexpress.com/news/exports-from-sezs-set-to-reach-rs-1.25-lakh-cr/456360/
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