Sez

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By: deepak_009 (14 month(s) ago)

nice one

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Presentation SEZ In India Amey Mairal BBA-IT SICSR,Pune

What is SEZ ???:

What is SEZ ??? SEZ can be defined as an industrial zone with special incentives , Set up to attract foreign investors . A Special Economic Zone ( SEZ ) is a geographical region that has economic and other laws that are more free-market-oriented than a country's typical or national laws.

SEZ in India :

SEZ in India Export processing zones Initiative from commerce ministry 2005 SEZ act.

Why SEZ in India ???:

Why SEZ in India ??? Experience with EPZ For exclusive growth To increase share in world trade WTO regime For employment

Objectives:

Objectives Foreign exchange To create infrastructure To increase export To create job opportunities Infusion of modern technologies

Why SEZ are special ???:

Why SEZ are special ??? 100 % income tax exemption External commercial borrowings Benefits to local supplier Exemption from Central Excise Duty on capital goods 100% FDI investment ‘single-window’ clearance

Activities in SEZ:

Activities in SEZ Processing area Non-processing area

Life cycle of SEZ:

Life cycle of SEZ Development phase Ram up Pay back phase Annuity phase

Burning issues of SEZ:

Burning issues of SEZ Inadequate infrastructure Restrictive policies Lengthy procedures – No Single Window Locational disadvantages Labour exploitation Finance ministry Political interference Land acquisitions Unethical practices

Few SEZ of India:

Few SEZ of India Rajiv Gandhi Technology Park, Chandigarh ,Chandigarh Reliance Jamnagar Infrastructure Ltd. Jamnagar Multi Product DLF Cyber City, Gurgaon , Haryana Magarpatta Township Development and Construction Company Ltd. Pune, MIDC, Aurangabad Aluminum & Almns . Related ind .

Conclusion:

Conclusion SEZ can play a great role to increase India’s export but interest of others must be considered. Trade leads to peace as well as economic growth

THANK YOU:

THANK YOU