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Exports amounts to double by SEZ in recent fiscal readings

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The SEZ structures were grabbing the headlines of country’s dailies since from the first day of the existence and now they have proved a better outcome with rise in exports at various segments of the industry as per the sources reported at www.propertykhazana.com. The rise has gone up to double the figure as compared to the last financial reading that shows around 50 percent rise up per annum.
On a short note with www.propertykhazana.com D K Mittal from department of commerce states that “exports from the Special Economic Zone has grown up to Rs 1, 01,265 Crore for the fiscal quarters of April-September of the current year which more than the figure of Rs 48000 crore of the last year reading of the same fiscal term which is a clear cut indication of higher benefits through SEZ that rose up to 15 per cent”. SEZ has done comparatively well with their status and has served better benefits with more exports at the time when the country’s over exports was down up to 18 percent.
But at the same time there are also incidents where the SEZ constructions are facing problem at their various levels of processing. Most among them is the Maha Mumbai SEZ which is stuck on the mid due to land issue which demands a total area of 5000 hectare. Another one facing a similar setback is the Positra Port Infrastructure Ltd in Gujarat which is asking permission for more extension for its existing area as per the sources available at www.propertykhazana.com. Coming to the latest accounts of the SEZ, it is nearly 26 percent that covers the national export which were constructed with a total investment of around Rs. 1,30,000 crore including new 725 SEZ getting ready for further approval across the country. For more and latest realty updates follow us at www.propertykhazana.com.
Source: NBTVLIVE

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