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Gujarat SEZs export goods worth Rs 1.12 lakh cr .


Date: 23-04-2010
Subject: Gujarat SEZs export goods worth Rs 1.12 lakh cr
Ahmedabad, April 22 Despite the gloomy scenario in 2009-10 due to the global economic recession, the performance of the 10 functional Special Economic Zones (SEZs) in Gujarat has broken all previous records.

Together, they exported goods worth Rs 1,12,000 crore.

This is more than the national SEZ export figures for the entire financial year 2008-09, which was Rs 99,000 crore (including Gujarat SEZs contribution of Rs 26,272 crore) according to a Kandla SEZ release here.

Gujarat SEZs have therefore recorded more than 400 per cent growth in the last one year. Nearly Rs 60,000 crore has been invested over the last three years in Gujarat SEZs. More investments are expected, particularly in the SEZs at Mundra and Dahej and other notified SEZs which are at various stages of implementation.

Kandla

Exports from Kandla SEZ during 2009-10 were worth around Rs 2,205 crore compared to Rs 2,420 crore during the last financial year.

The negative growth of about 8 per cent was due to recession, absence of caster oil exports from the SEZ as also reduced activity in the plastic reprocessing units.

Source : Business Line

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