SEZs exports zoom at Rs 1.25k cr

While leading SEZs like Mahindra World, Nokia, Apache, Hyderabad Gems and Jewellery became operational in 2008-09, exports from these zones fell short of target of Rs 1,20,000 crore in the last fiscal, according to Export Promotion Council for EOUs and SEZs.

“Gems and jewellery, textiles, engineering and telecommunications SEZs, were the major contributors to the exports,” Director-General L B Singhal told PTI.

As on March 2008, 568 SEZs have got formal approval, 144 ‘in-principle’ approval, and 311 are notified. Of this, 90 are functional.

The total investments in SEZs were Rs 81,093-crore till March 2009.