Home / Knowledge / News / Apparel/Garments / SEZ entitlements to Brandix

SEZ entitlements to Brandix

Sep '06
Brandix India Apparel City (BIAC) in Vizag has recently been granted Special Economic Zone (SEZ) status.

Accordingly, BIAC which is envisaged to be a vertically integrated apparel supply chain city will be a duty free enclave and treated as a foreign territory for trade operations and employment in the apparel and textile industry.

Manufacturing units operating within BIAC will be exempt from customs duty on import of capital goods, raw materials, consumables and office equipment. As a further result of the SEZ status, manufacturing units will also be exempt from central excise duty on procurement from the Domestic Tariff Area (DTA).

Manufacturing units will also have full freedom for sub-contracting and will be permitted 100 percent Foreign Direct Investment (FDI) with full and free repatriation of funds.

Since BIAC is an Income-tax free enclave, manufacturing units will enjoy a 100 percent income-tax free benefit for the first 5 years of operation, 50 percent for next 5 years, and a further exemption of 50 percent for 5 years on reinvestment of 50 percent of its profits.

BIAC will have a single window clearance facility where units can get all clearances and approvals and set-up operations from a single point.

Dr. Peter Sun, CEO of BIAC said “BIAC is unique because it offers a dynamically balanced vertical integration proposition, further, with incentives provided through the SEZ, it provides unbeatable value to manufacturing units setting up operations”.

Must ReadView All

Pic: Shutterstock

Textiles | On 18th Jan 2022

Singapore, Bangladesh agree to conclude FTA early

Bangladesh and Singapore have agreed to accelerate the process of...

Pic: Airlines IATA

Textiles | On 18th Jan 2022

Supply chain disruptions stall global cargo growth in Nov 2021: IATA

Data for global air cargo markets have revealed slower growth in...

Pic: Shutterstock

Textiles | On 18th Jan 2022

Philippine garment-textile industry seeks govt support to protect jobs

The Clothing and Textile Industry Tripartite Council (CTITC) in the...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

Led by MMF, Indian apparel exports likely to double in next 3 years

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Ghatit Laheru,

Ghatit Laheru

When the 2001 tremblor wrecked the Kachchh region of Gujarat throwing many ...

Harleen Kaur,

Harleen Kaur

Established in 2017 and headquartered New York, the label Harleen Kaur...

Seth Casden, Hologenix

Seth Casden

Hologenix is a material sciences company dedicated to developing products...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Madison Maxey, Loomia

Madison Maxey

Loomia designs and manufactures soft circuit systems that can be produced...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Payal Singhal, Label - Payal Singhal

Payal Singhal
Label - Payal Singhal

Leading South Asian fashion designer, <b>Payal Singhal </b>known for her...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

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


Leave your Comments


Target Corporation (MN)
Gap International Sourcing Limited
Hela Clothing Pvt Ltd
Alison Hayes Romania
OVS Hong Kong Sourcing Ltd.
Landmark Group
Cat Tuong Real Estate Group Joint Stock Company
Bluestem Global Sourcing Limited
Green Fibre
Guess Europe Sagl,
International Textile Manufacturers Federation
John Varvatos
Aquarelle Clothing Limited

January 2022

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

Advanced Search