JOIN USIn the wake of special economic zones (SEZs) losing sheen, the Ministry of Commerce and Industry is planning to take up roadshows across India to attract units and promote SEZs along with the Export Promotion Council and export-oriented units, a commerce ministry official said on Friday.
“We have calculated the availability of vacant spaces in SEZs and along with the export promotion council. we are planning to take up road shows in different parts of the country so that units are attracted,” Rajeev Arora, joint secretary, Department of Commerce, Ministry of Commerce and Industry said while inaugurating the ‘9th International SEZ Convention,’ organised by Assocham.
The ministry of commerce and industry has asked the Indian Council for Research on International Economic Relations (ICRIER) to conduct a study on various facets of SEZs, informed the senior official from commerce ministry.
“These are some of the things that we do at our own level to see to what extent we can tweak the policy to make it more suitable for developers and units simultaneously and to see how SEZs in India can continue to flourish and contribute extensively to India’s exports,” Arora said.
He said that commerce ministry has given clear directions to development managers in all SEZs to ensure more transparency in land allotment.