Export from Indore SEZ in the current financial year
Q: Hello, I heard that the SEZs in Indore are doing really well. I would like to have some details about the export from the SEZs in Indore in the current financial Year.
There are 47 units operating in the 1,113 SEZ, spread across 1,113 hectares area. The firms are into engineering, pharma, garment manufacturing and food precessing. Work of five new units at the SEZ is going on, he said. An investment of Rs 3,817 crore has been done so far on the SEZ,
Exports from the SEZ in Indore in 2013-14 financial year stood at Rs 2,909 crore. Till the quarter year ended on December 31, 2014, the value was around Rs 2,949 crore, up 40 per cent from the corresponding period a year ago.
Yes, I have heard that almost an export of around Rs 3,500 crore is possible in this financial year from the products that are manufactured in the SEZs from the export value.
Export from the Special Economic Zone (SEZs) in Indore can touch Rs 3,500 crore in the current financial year if the sentiment in global demand continues to drive the growth. Even though there are not many SEZs that are present in the city, the products that are manufactured in here have a good demand.