SEZ exports seen at Rs 67K cr

Mumbai, May 30 | Updated: May 31 2007, 05:30am hrs
Inspite of the ongoing anti-SEZ campaign, the Centre is going all out to project the export potentiality of the special economic zones (SEZs).

According to the commerce ministrys projections, exports from SEZs established by the Centre would increase to Rs 25,550 crore in 2007-08 from Rs 19,656.7 crore in 2005-06 and for private, state government SEZs established or notified prior to the SEZ Act, it would be an estimated Rs 20,117.68 crore, against Rs 3,182.86 crore. SEZs notified under the SEZ Act, 2005 would contribute Rs 21,631.94 crore to the countrys export kitty.

Ministry estimates state that exports by SEZs (comprising all the above given categories) in 2007-08 would be three times of that recorded in 2005-06 (see table).

The projections of exports from central government SEZs for 2007-08 include Kandla SEZ (Rs 1,500 crore), SEEPZ SEZ (Rs 11,000 crore), MEPZ (Rs 2,500 crore), Cochin SEZ (Rs 1,250 crore), Falta SEZ (Rs 1,500 crore) and Visakhapatnam SEZ (Rs 800 crore).

Exports from private, state government SEZs set up before the commencement of the SEZ Act, 2005 would comprise Surat (Rs 5,500 crore), Surat apparel (Rs 5crore), Indore (Rs 647.57 crore), Jaipur (Rs 250 crore), Jodhpur (Rs 7 crore), Nokia (Rs 9,046.26 crore), Mahindra Industrial Park (IT) (Rs 2,525.06 crore), Mahindra Industrial Park (apparel) (Rs 142.86 crore), Mahindra Industrial Park (auto) (Rs 443.93 crore), Manikanchan (Rs 1,200 crore) and Wipro(Rs 350 crore).

Private investment in SEZs established prior to the SEZ Act is over Rs 4,400 crore.