SEZ Policy to play important role to create world class infrastructure
14 Sep '07
3 min read
In his address on the occasion, Shri Kamal Nath informed that: “SEZ Policy is going to play a very important role in employment generation, increasing exports, creation of world class infrastructure and attracting Foreign Direct Investment in the country in the next one decade."
SEZs are certainly going to play a very important role by providing inclusive growth in the country. At present SEZs-new and old are already providing direct employment to over 2,30,000 people.
New Generation SEZs have already provided direct employment to over 45,000 people and I have been informed that over 1 lakh additional jobs will get created by December, 2007.
Once all the 366 formally approved SEZs, become operational 4 million additional jobs are likely to be created. Manufacturing sector will also get a big boost.
If you go and see the new SEZs, which have started functioning, you will find that most of the employment provided is to the rural youth from the nearby villages.
Employment in the SEZs has completely changed the life of these employees and their family as well. I feel that this is the greatest contribution SEZs will make to the society.
The huge investment being made by these SEZs is resulting in fast developments and as the SEZs become functional, the benefits will become more pronounced”.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
