India’s special economic zones (SEZs) registered healthy growth in exports. As per the Export Promotion Council for EOUs & SEZs (EPCES) data, exports from the nations’ SEZs rose 5.44 percent to Rs 20,548 crore in the month of April 2018 as against Rs 19,488 crore in the same month a year ago. It added that the government’s policies have managed to register a healthy growth roadmap for manufacturing and service industry.
According to the data, highest growth in outward shipments was recorded from the Cochin SEZ which witnessed a 704 percent jump to Rs 3,708 crore in April this year from Rs 461 crore in April last year. Falta has observed Rs 905 crore of a surge in the export value of 80 percent than Rs 452 crore of last year export value. Other SEZs observed positive growth are Indore, MEPZ with 14 percent and Noida with 9 percent.
On the sectoral front, EPCES data showed that major sectors recording healthy growth include biotech, chemicals, pharmaceuticals, computer, electronics, non-conventional energy, plastic, rubber, trading and services. The biotech export from the SEZ has also seen a surge of 58 percent year on year basis between years ending April 2017 and April 2018. India has exported computer and electronic software worth Rs 30,892 crore against Rs 24,614 crore last year. Electronics export has surged to 417 percent against last year and non-conventional energy export has increased by 161 percent to Rs 20 crore in April 2018 from Rs 7 crore in April 2017.
