SEZs exports up 52% in 2006-07

By Staff
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New Delhi, Sept 18 (UNI) Exports from special economic zones (SEZs) went up by 52.31 per cent to Rs 34,787.47 crore in 2006-07 from Rs 22,839.53 crore in 2005-06, according to the Commerce Ministry.

The push was provided by 192.25 per cent jump in the export growth by SEZs set up by state government and private sector before the SEZ Act came into being in June, 2005.

As against exports valued at Rs 3,182.86 crore in 2005-06, it got catapulted to Rs 9,301.89 crore in 2006-07, the Ministry said.

Though the Central government's SEZs registered an export growth of only 29.65 per cent during the comparable years, yet the bulk was provided by these seven SEZs which together accounted for Rs 25,485.58 crore worth exports in 2006-07, as against Rs 19,656.67 crore in the previous fiscal.

Of this, Santacruz Electronics Export Processing Zone (SEEPZ) SEZ topped the chart with exports of Rs 11,897 crore in 2006-07, followed by Noida SEZ Rs 6,893 crore and Madras Export Processing Zone (MEPZ) Rs 2,462.4 crore.

Kandla SEZ's exports were worth Rs 1,482.66 and that of Cochin's was Rs 1,037.52 crore.

Surat SEZ accounted for more than half of the total exports worth Rs 9,301.89 crore in 2006-07 from state government's and private SEZs established before the SEZ Act of 2005.

After Surat SEZ, which exported goods worth Rs 5,198.94 crore, Nokia SEZ's exports were worth Rs 1,649.66 crore, while Wipro's accounted for Rs 254 crore of exports in the last financial year.

UNI

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