has sezs in india lost its sheen (1)[1]

8/6/2019 ....Has SEZs in India Lost Its Sheen (1)[1]

1/18

Group 7

Raman Oberoi 191161

Rangoli Jain

191162

Rahul Sethi 191163

Ritu Agarwal 191164

Rohit Baliyan 191165

Rojit Irom 191166


2/18

contained geographic regions within countries

encourage industry, manufacturing, and services for export

more liberal laws and economic policies

Especially meant for trade and warehousing

What isSEZ?

For Exclusive growth

To increase share in world trade

Generation of additional economic activity.

Promotion of exports of goods &Services.

Promotion of investment from domestic and foreign sources.

Creation of employment opportunities.

Development of infrastructure facilities

Objectives

Inefficient EPZ

absence of single window facility within zone

Immature market to embrace FIIs and attract FDIs

limited power of zonal authorities

EPZconverted to SEZ in 2000

EPZ to SEZ


3/18


4/18

Success StoriesSEZ EXPORTS IN

Rs (Crores)

EMPLOYMENT INVESTMENT

Rs (Crores)

FDI in Rs (Crores)

Nokia Special

EconomicZone in

Tamil Nadu10385.3 14859 2225.4 833.51

Mahindra City SEZ,

Tamil Nadu1524.56 9383 13 2.5 18 .63

Apache SEZ (Adidas

Group) in Andhra

Pradesh1 2.03 5342 22 .15 16.

Wipro Limited,

Andhra Pradesh586 443 3 1. 01 -

Mundra Port and

Special Economic

Zone, Gujarat68.44 8 0 5219.009 -

Reliance Jamnagar

Infrastructure Ltd.,Gujarat 9882.28 2385 32082 -Ministry ofcommerce, annual report 2009-2010


5/18

Sectors Formal approvals Notified SEZs Operational SEZs (Central Govt. + State Govt./Pvt. SEZs +

notified SEZs under the Act, 2005)

Agro 6 4 0

Airport based multiproduct 3 0 0

Auto and related 3 1 1

Aviation/Aerospace/ Animation & Gaming/ Copper 3 2 2

Beach & mineral/ metals 2 2 0Bio-tech 33 18 2

Building prod./mal./ transport equt. 1 1 2

Electronic prod/ind 3 3 1

Engineering 21 16 7

Footwear/Leather 7 5 2

Food Processing 5 4 2

FTWZ 11 6 0

Gems and Jewellery 13 6 3Handicrafts & Carpets 4 2 2

IT/ITES/Electronic Hardware/Semiconductor 353 233 75

Metal/Stain. Steel/Alum/Foundry 9 5 0

Metallurgical Engineering 1 0 0

Multi-Product 23 15 16

Multi-Services/Services 16 8 0

Non-Conventional Energy 5 4 2

Plastic processing 0 0 0

Petrochemicals & petro. 4 2 0

Pharma/chemicals 23 20 5

Port-based multi-product 8 2 2

Power/alternate energy/ solar 3 1 1

Textiles/Apparel/Wool 19 12 5

Writing and printing paper mills 2 1 0

Strategic Manufacturing 0 0 0

Granite processing Industries and other allied

machinery/ manufacturing 1 1 0

GRAND TOTAL 582 374 130


6/18

Department ofcommerce annual report 2009-2010


7/18

FDIs in India

316 965 18384126

717210015

1322010358 9338

18406

2923524367

19860

27188

39674

103367

140180

161536

176304

0

20000

40000

60000

80000

100000

120000

140000

160000

180000

200000

FDIs in Rs Crores

Source: http://www.rbi.org.in/scripts/PublicationsView.aspx?id=12846


8/18

FDIs in Central Govt. SEZs

137.46154.29

135

237.36

76.8

8.41

116.4893.65

57.38

117.7287.53

104.38 101.14

67.93

238.14

635.18

540

434.31 429.02

385.49371.58

0

100

200

300

400

500

600

700

FDIs

Govt

Private

Total FDIs = 895.8

http://www.nsez.gov.in/nsezwebsite/Resour ces/Employemnt/inv-in-Emp-in-Govt-State-private-established-prior-to-SEZs.pdf


9/18

ExportsYear SEZ

exportsValue

(Rs. Crore)

GrowthRate(over

previousyear )

Total Exports

of India (InRs. Crores)

% of Total

exports

% of

IndiasGDP

2003-2004 13,854 39% 293366.8 4.70 0.43

2004-2005 18,314 32% 375339.5 4.88 0.47

2005-2006 22 840 25% 456417.9 5.0 0.53

2006-20007 34,615 52% 571779.3 6.05 0.62

2007-2008 66,638 93% 655863.5 10.16 1.22

2008-2009 99,689 50% 840755.1 11.86 1.69

2009-2010 2,20,711.39 121.40% 845125.2 26.12 3.43


10/18

Employment

EMPLOYMENT(As on 30th

September, 2010)

IncrementalEmployment

Total Employment

SEZs Notified under

the Act3,52,349 persons 3,52,349 persons

State/Pvt. SEZs set upbefore 2006

50,612 persons 63,080 persons

Central Government

SEZs83,159 persons 2,05,395 persons

Total 4,86,120 persons 6,20, 824 persons


11/18

Investments

INVESTMENT(As on 30th

September, 2010)

Incremental

investmentTotal Investment

SEZs Notified under

the ActRs.1,61,742.99cr.

Rs.1,61,742.99cr

State/Pvt. SEZs set up

before 2006 Rs.5

,581

.20

cr.

Rs. 7,337.51cr

Central Government

SEZsRs. 4,788.71cr.

Rs. 7,067.91cr

Total Rs.1,72,112.90 cr. Rs.1,76,148.41 crSezindia.nic.in


12/18

SEZ demerits..!

Revenue foregone on tax incentives to SEZ units inthe current fiscal is Rs 5,126crore, up from Rs 4,233

crore in 2009-10

Loss of fertile lands

SEZz becoming centers of Real Estate

Not encouraging for SMEs due to location (city

outskirts) and size (10 hectares to 1,000 hectares)requirements

land acquisition and rehabilitation of the displaced

persons


13/18

SEZz becoming centers of Real Estate Loss of fertile lands

Not encouraging for SMEs due to location (city

outskirts) and size (10

hectares to

1,000

hectares)requirements

Labour laws not applicable in SEZs

Uneven Growth

SEZ demerits..!


14/18

SEZ demerits


15/18


16/18

Recommendations


17/18

Future of SEZs in India


18/18

Thank You!

has sezs in india lost its sheen (1)[1]

Documents