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63 SEZs to fetch revenue of Rs 21,632 Crore

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Commerce ministry’s outcrops 63 SEZs which has been reported from February 2006 is likely to do business worth of Rs. 21,631.94 Crores, claimed the source at the www.propertykhazana.com . Meantime, commerce ministry has also forecasted 201% hike in export earnings from all SEZs for Rs. 67,299 Crores and was floating for Rs. 22,309 Crores in 2005-06. SEZs 2006-07 export records is being set and will be available in next month. But, out of 63 reported zones which came into reality after SEZ Act, is the Chennai-based Flextronics, Electronics Hardware which has the peak outcrops. 440 acres zone till now has invested Rs. 200 Crores and has outcrop of Rs. 6,901 Crores. The 2nd top outcrop is for Gujarat’s Essar-Hazira Zone, this is known for its engineering products which is widen for 247 Crores and has also seen Rs. 2000 Crores being pushed into the venture and is pegged at Rs. 3,300 Crores.
Even EON Kharadi Infrastructure zone near Pune for IT & ITes has the 3rd top outcrop for 2007-08 spreading over 18 acres. With the present investment of Rs. 184 Crores it is likely to do the business of Rs. 3000 Crores. And Serum Bio-Pharma Park in Pune, Moser Baer SEZ in Greater Noida and Mundra Port Zone in Gujarat are some of SEZs that are given the peak billing in export earnings. Rs. 13,435 Crores has invested in 63 SEZs and as the exports of all zones coming before SEZ Act are seeing growth of 532% which will take to Rs. 20,117.68 Crores in 2006-07 compared to Rs. 3,182.86 Crores earned in 2005-06. For more details logon to www.propertykhazana.com
Source: NIMMA BENGALURU

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