Home / Knowledge / News / Shri Kamal Nath interacts with SEZ developers
Shri Kamal Nath interacts with SEZ developers
Sep '08
Shri Kamal Nath, Union Minister of Commerce and Industry, has stated that this year exports from the Special Economic Zones (SEZs) are expected to cross Rs.1,25,000 registering a growth of around 100%.

Interacting with the SEZ developers, Shri Kamal Nath informed that SEZs will be providing an incremental direct employment to over 8 lakh people by December 2009 and investments in the SEZs will be to the extent of Rs. 2,00,000 crore by December 2009.

The interactive meeting which was organized by the Export Promotion Council for EOUs and SEZs, was also attended by Shri G.K. Pillai, Commerce Secretary and senior officials from the Ministry of Commerce and Industry.

During the interaction, the Minister stated that this sector is playing a very important role in employment generation, exports, attracting investments and creation of infrastructure.

He further added that “EOU/SEZ Schemes are vital instruments of country's exports and are complimentary to each other. EOUs, SEZ Units and SEZ Developers represent the most vibrant section of India's exporting community.”

“Exports from EOUs this year was to the extent of Rs.1,42,211 crore showing a growth of approximately 128% over last year's exports and EOUs are providing direct employment to around 11.50 lakh people”, the Minister added.

Shri Kamal Nath said that “the Government so far, has given formal approval to 513 SEZs, which means that SEZ Developers are in possession of the land in these SEZs.

250 SEZs have been notified, which means they are on the verge of take off. 87 SEZs have already become operational.”

Press Information Bureau Government of India

Must ReadView All

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search