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Indian Real Estate News : Kolkata
Bengal SEZs’ export income rises to touch Rs 15,000 cr in 2013-14
Source: The Hindu Business Line Aug 31, 2014
Special economic zones (SEZs) in West Bengal have generated export income to the tune of Rs 15,000 crore in FY 2013-14.

According to Sanjeev Nandwani, Development Commissioner, SEZs (Eastern and North Eastern Zone) the gems and jewellery segment contributed Rs 9,000 crore, the manufacturing one at Falta contributed Rs 1,800 crore and IT contributed around Rs 4,200 crore.

"Exports from SEZs in Odisha and West Bengal stood at Rs 16,000 crore last fiscal. All India exports from SEZs stood at Rs 4,94,000 crore during the same period," he told BusinessLine on the sidelines of a National IT Conclave organised by the Indian Institute of Foreign Trade (IIFT).

SEZs in Bengal

As of now, there are seven operational SEZs in West Bengal. Five of them – Wipro, Unitech, Bantala Leather Complex, DLF, and Tata Consultancy Services (TCS) – are IT-SEZs and two of them – Manikanchan (gems and jewellery) and Falta (manufacturing) – are non-IT ones.

The most recent SEZ to become operational in the State was TCS’ facility, which can employ 1,000 people, in the satellite township of Rajarhat.

IT-SEZs


Amongst the new IT-SEZs that are coming up in the eastern and north-eastern region, is the one at Khurda in Odisha.

Info-valley, the second IT-SEZ in Odisha, will be promoted by the Odisha Industrial Infrastructure Development Corporation (IDCO) and will have Infosys as its anchor tenant.

The second of the proposed IT-SEZ is in Manipur. Notification for the same was made earlier this year, an official said.

Multi-Product SEZs

According to sources in the Ministry of Commerce, at least two new multi-product SEZs are likely to come up in Odisha. One SEZ will come at Jharsuguda and another at Ganjam.

Approval for two more projects in Odisha - Posco in Jagatsinghpur and Tata Steel's unit at Gopalpur - is also in the pipeline.

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