Gujarat On Top with 46% of India's SEZ Exports

Gujarat On Top with 46% of India's SEZ Exports

Ahmedabad: The component of Minimum Alternate Tax (MAT) may be worrying the special economic zones (SEZ) in the country, but the zones have clocked an impressive export record in 2010-11. And Gujarat tops among the SEZ states by contributing 46% to the total exports from India. Data given by the ministry of commerce and industry, Government of India, on sezindia.nic.in says the SEZs in India recorded a growth of 43.11% in exports in 2010-11 over 2009-10.

Of the total SEZ exports of Rs 3,15,867.85 crore in 2010-11, Gujarat registered the highest exports of Rs 1,46,877.74 crore.

The contribution from Gujarat has been from 13 SEZs. Gujarat has achieved the lead position in SEZ exports mainly due to the Reliance Industries Ltd (RIL) SEZ in Jamnagar which exported products and goods worth Rs 1,03,325 crore, almost 70% of the total exports from the state. On the other hand, the multi-product SEZ in Surat contributed exports worth Rs 38,156 crore.

Apart from these two SEZs which contributed around 96% of the total exports from Gujarat, the other 11 SEZs contributed the remaining 4% of exports worth Rs 5,396.7 crore.
 
Source : daily.bhaskar.com