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

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search