Special economic zone
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  • Thnx AMRL... yup a very good location and 2500 acres ... yea it cud be one of the best...!!
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  • Hi abhijee its very nice document, for more Special economic zone please visit:
    http://www.slideshare.net/sez-amrl/special-economiczoneinindia
    ( http://www.amrlsez.com)
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    Special economic zone Special economic zone Presentation Transcript

    • Presented by :ABHIJEET KUMARURBAN PLANNING III SEMVNIT NAGPUR
    • •Special Economic Zone (SEZ) is defined as "a specifically delineatedduty free enclave and shall be deemed to be foreign territory for thepurposes of trade operations and duties and tariffs".•SEZsan engine for economic growthsupported by quality infrastructurecomplemented by an attractive fiscal packagewith the minimum possible regulations.•Government of India have notified Special Economic Zones (SEZs) Act2005 and notified Special Economic Zone Rules 2006 with a view toaugmenting infrastructure facilities for export. SpecIal economIc zone
    • Export Processing In 1990s, as a part Zone (EPZ) of Special Economic Full law and rules policy1965. New Policy in reforms, powers Zones Act MAY effected February April 20001st EPZ was set up delegated to zone 2005. 2006.in Kandla (Gujarat) authorities.SEZ CATEGORIES» Free Trade Zones (FTZ)» Export Processing Zones (EPZ)» Free Zones (FZ)» Industrial Estates (IE)» Free Ports» Urban Enterprise Zones SpecIal economIc zone
    • • During the past four decades many developing countries have beencreating special zones to promote their exports and earn foreignexchange.• The term Export Processing Zone (EPZ) was first coined to identifythe Shannon zone set up in Ireland in 1958.• India established its first EPZ in 1965 in Kandla (Gujarat)• In 1984 EPZs were established in Cochin (Kerala), Falta(Calcutta,now Kolkata), Madras (now Chennai) and NOIDA (UttarPradesh).• The Visakhapatnam EPZ (Andhra Pradesh) was established in 1989and the Surat EPZ (Gujarat) in 1997. SpecIal economIc zone
    • SEZ Act, 2005With a view to overcome the shortcomings experienced on account of the multiplicity ofcontrols and clearances; absence of world class infrastructure, and an unstable fiscalregime and a view to attract larger foreign investments in India,the Special Economic Zones (SEZs) Policy was announced in April 2006. •The main objectives of the SEZ Act are: GENERATION OF ADDITIONAL ECONOMIC ACTIVITY PROMOTION OF EXPORTS OF GOODS AND SERVICES PROMOTION OF INVESTMENT FROM DOMESTIC AND FOREIGN SOURCES CREATION OF EMPLOYMENT OPPORTUNITIES DEVELOPMENT OF INFRASTRUCTURE FACILITIES SpecIal economIc zone
    • States where SEZ Act has been enacted & is in force SpecIal economIc zone
    • SEZ policy has directly benefited economy in following ways: Employment Generation : SEZs generate direct employment for skilled and unskilled labour ; indirect employment and employment for women workers. Skill Formation: Formation of SEZs and new job requirements increase firm level activity whereby the labour force acquires skills from within the firm through training and learning. Attract investors:: SEZs offer a highly conducive investment scenario for developers. No tax during development and operational stage. At profit stage 100% income tax exemption for Ist 5 yrs, 50% for next 5 yrs. Technology Upgrading: SEZs attract export-oriented FDI and promote other forms of collaboration between local firms and MNCs. Exports: EPZ exports registered an impressive growth rate over the period 1966 to 2002. EPZ exports increased in India from less than Rs.1 million in 1966 to over Rs. 97727 million in 2002. Manufacturing Sector: Share of manufacturing industry in the exports grew from negligible percentage in 1970 to above 6 % in 2005.(Sources: Ministry of Commerce, Economic Survey) SpecIal economIc zone
    • SpecIal economIc zone
    • (Sources: Ministry of Commerce, Economic Survey) SpecIal economIc zone
    • AREA ALLOCATION IN TERMS & USE SECTOR SPECIFIC SEZS •PHARMA •IT/ITES •GEMS & JWELLERY •BIO TECHNOLOGY •CHEMICALS •CONSUMER APPLIANCES •MEDICAL EQUIPMENTS •ENGINEERING BASED •APPAREL & READYMADE •AUTOMOTIVE COMPONENTS •TELECOM EQUIPMENTS •R& D •PROCESSED FOOD & BIO EQP. •ENTERTAINMENT & RECREATION SpecIal economIc zone
    • Development Norms for Non Processing Areas in SEZs.GUIDELINES – MULTI DEVELOPMENT PRODUCT SEZ Permissible FAR and land area is based on the following assumptions • The area permissible for the non processing use is Max 50% • The norms are based on 100 FAR on total area under non processing zone • Min area for Sector Specific SEZ – 100 ha • Min area for IT/ITES, Biotechnology, Gems and Jewellery SEZ- 10 ha • Min area for Multi Product SEZ – 1000 ha.(Sources: Ministry of Commerce, Economic Survey) SpecIal economIc zone
    • (Sources: Ministry of Commerce, Economic Survey) SpecIal economIc zone
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    • SEZs in IndiaAt present there are Eight functional SEZslocated at:•SantaCruz (Maharashtra),• Cochin (Kerala),• Kandla and Surat (Gujarat),• Chennai (Tamil Nadu),•Visakhapatnam (Andhra Pradesh),• Falta (West Bengal)• Nodia (Uttar Pradesh) &• Nagpur (Maharashtra)•Raipur (Chatisgarh)•Indore(Madhyapradesh)•Jamshedpur(Jharkhand)•Indore(Madhyapradesh)•Satna(Madhyapradesh) SpecIal economIc zone
    • •By the end of the 1990s, it was found that India’s EPZs were not performing aswell as China’s SEZs.•Major reasons behind poor Indian SEZ’sperformance w.r.t China. Limited scale and overcrowding. Inadequate logistic supports. Poor infrastructure. Governments in difference and red tapism in matters of foreign direct investment. Lack of clarity in incentive packages. Poor coordination between state and municipal governments with central SpecIal economIc zone
    • FALTA SEZ West Bengal •Set up by the Government of India in the year 1984. •Subsequently, two other SEZs were set up. They were MANIKANCHAN SEZ for gems and jewellery and WIPRO SEZ for IT and ITES, located at Salt Lake, Sector-V, Kolkata. –It is about 55 kilometres from Calcutta city and 45 kilometres from the southern suburbs. –It is well connected by a developed network of roads including a State highway, two ports at Calcutta and Haldia and International airport at Dumdum. •Infrastructural Facilities available at FALTA SEZ  Gross area 280 acres (acquired 87acres and transferred from CPT 193acres).  Location - Panchayat area.  Area Developed- 253 acres (full infrastructural facilities)  Area under development 27acres  Built - up space - SDF-15570 sq.m.(2nos.) - fully allotted.  Industrial shed- 15350sq.mtr.(7 nos) - fully allotted.  million liters per day water supply with drainage 1 facilities.  Electric sub-station for dedicated power supply for all categories, supplemented by local sub-stations. SpecIal economIc zone
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    • Thanking you SpecIal economIc zone