Govt working on plans to revive SEZs, boost exports
Deepak Kumar | The Dollar Business Bureau As part of efforts to push domestic manufacturing from the special economic zones (SEZs) in India, industry analysts held a meeting with the government last week and proposed steps to revive stalled SEZs to increase exports from the sector. “We have told them that a project, such as an SEZ, where once the land is identified, it takes 7-8 years after getting the approval, to set up and start production at the venue. Because apart from the central government regulations, there are state government approvals, building plan approvals and environment clearances,” P C Nambiar, Chairman, Export Promotion Council for EOUs (export oriented units) & SEZs told the Dollar Business. “Therefore, any project of ...
