8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 1/15

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 2/15

SPECIAL ECONOMIC

ZONE

PRESENTED BY:-

RAVINDER KAUR(LEADER)

RAJENDRA JHARIYA(PRESENTER)

RAVI KUMAR BHAGAT(CONT. BUILDER)

RATNESH SHRIVASTAVA (COMMUNICATOR)

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 3/15

WHAT IS SEZ ?

SEZ is a geographical region that has

economic laws that are more liberal than acountry's typical economic laws. An SEZ is a

trade capacity development tool, with the

goal to promote rapid economic growth by

using tax and business incentives to attractforeign investment and technology.

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 4/15

TYPES OF SEZ

SEZ

SECTOR

SPECIFIC SEZ

MULTI

PRODUCT SEZ

SEZ IN

PORT OR AIRPORT

SEZ

SECTOR

SPECIFIC SEZ

MULTI

PRODUCT SEZ

SEZ IN

PORT OR AIRPORT

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 5/15

ESTABLISHMENT

Export Processing Zone (EPZ):-For promoting exports,

The Asia's first EPZ set up in Kandla in 1965.

The SEZ policy was first introduced in India in April

2000, as a part of the Export-Import (EXIM) policy

of India.

The SEZ Act and the SEZ Rules, 2006 (SEZ Rules)were notified on February 10, 2006

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 6/15

MAIN OBJECTIVES OF SEZ:-

Generation of additional economic activity.

Promotion of exports of goods and

services. Promotion of investment from domestic

and foreign sources.

Creation of employment opportunities.

Development of infrastructure facilities.

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 7/15

APPROVAL MECHANISM OF

SEZS

Any proposal for setting upof SEZ in thePrivate/Joint/State Sector isrouted through theconcerned Stategovernment.

State govt. forwards thesame to the Department of 

Commerce.

Further itsrecommendations arefinalized by of the Board of 

Approval.

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 8/15

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 9/15

ESTABLISHMENT OF SEZ HAVE

BOOSTED INTERNATIONAL TRADE

IN INDIA

Exports from SEZ rose U%

during the year to end

March-09. It out placed Indias

overall exports growth by

V% .

Superior infrastructure inSEZ help exporters to cut

cost & remain competitive

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 10/15

GROWTH RATE FROM EXPORTS

YEARYEAR VALUE (Rs. CRORE)VALUE (Rs. CRORE) GROWTH RATEGROWTH RATE

(Over previous(Over previous

year)year)

20032003--0404 13,85413,854 39%39%

20042004--0505 18,31418,314 32%32%

20052005--0606 22,84022,840 25%25%

20062006--0707 3461534615 52%52%

20072007--0808 66,63866,638 92%92%

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 11/15

FACALITIES OFFERED TO SEZ

UNITS & DEVELOPERS

Duty free import/domestic procurement of goods for

development, operation and maintenance of SEZ units

100% Income Tax exemption.

External commercial borrowing by SEZ units up to US $ 500million in a year.

Exemption from Central Sales Tax.

Exemption from Service Tax. Single window clearance for Central and State level

approvals.

Exemption from State sales tax and other levies as

extended by the respective StateGovernments.

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 12/15

SEZ LEADING TO GROWTHt

578 formal approvals to SEZ given till date.

174 approvals are for sector specific and multi product

SEZs.

Nokia and Flextronics electronics hardware SEZs inSriperumbudur are providing employment to 14577 and

1058 persons.

Hyderabad Gems SEZ for Jewellery manufacturing in

Hyderabad has employed 2145 persons. majority of whomare from landless families.

Overall employment in SEZ is 1,13,426 persons.

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 13/15

IMPACT OF THE SCHEME

The SEZ scheme has generated tremendous response amongst theinvestors, both in India and abroad, which is evident from the list of Developers who have set up SEZs:

Nokia SEZ in Tamil Nadu Quark City SEZ in Chandigarh

Flextronics SEZ in Tamil Nadu

Mahindra World City in Tamil Nadu

Motorola, DELL and Foxconn

Apache SEZ (Adidas Group) in Andhra Pradesh Divvy's Laboratories, Andhra Pradesh

Rajiv Gandhi Technology Park, Chandigarh

ETL Infrastructure IT SEZ, Chennai

Hyderabad Gems Limited, Hyderabad

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 14/15

LIMITATIONLAND ACQUISITION CONTROVERSY IN SINGUR

Singur is present in the state of West Bengal.

About 997 acres had been allotted to Tata Motors forbuilding the Nano.

The project soon faced opposition from a political party.The trinamool congress led by Mamata Banerjee protestedagainst the manufacture of the car and the plant sayingthat the land was to be used for agrarian purposes and waswrongfully allotted to Tata Motors for making the Nano.

On 2nd October 2008, Tata chairman Ratan Tata officiallyannounced that Tata Motors would be pulling out of Singur& will be shifted to Gujrat.

8/9/2019 26593201 an Overview to Sez

http://slidepdf.com/reader/full/26593201-an-overview-to-sez 15/15

THANK-YOU