THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (INDEPENDENT CHARGE)
(SMT. NIRMALA SITHARAMAN)
(a): The contribution of Special Economic Zone(SEZ) exports to overall country’s exports during the last three years and current year are as under :-
Financial Year(s) Total Exports of the Country
(Rs. Crore) Total SEZ Exports
(Rs. Crore) % share of SEZ exports in the total exports of the country
2012-2013 2429015 476159 19.60
2013-2014 2818695 494077 17.53
2014-2015 2846533 463770 16.29
2015-2016* 934223 221417 23.70
*As on 30.09.2015
The fiscal concessions and duty benefits allowed to SEZs are in the nature of incentives to achieve the SEZ objectives. The revenue foregone on account of concessions availed by the SEZ Developers and Units under the provisions of sections 10AA and 80-LA of the Income Tax Act, 1961 as well as customs duty and excise duty availed during the last three years are as under:-
Sl. No. Financial Year(s) Revenue Foregone
(Rs. in crore)
1 2012-2013 23305.40
2 2013-2014 27855.10
3 2014-2015 (estimated) 26533.87
(b): Presently, out of 203 Information Technology/ Information Technology Enabled Services (IT/ITES)/Electronic Hardware sector SEZs notified under the provisions of SEZs Act, 2005, 116 SEZs are operational.
(c): Recently, the Board of Approval (BoA) for Special Economic Zones (SEZs) in its meetings held on 27.08.2015 and 09.10.2015 has approved eight proposals for setting up of SEZs. Out of eight proposals, five relate to Information Technology/Information Technology Enabled Services (IT/ITES) sectors with proposed investment of Rs. 3412.42 Crores. Details of such IT/ITES SEZs is at Annexure-I.
(d): Since the SEZs Act, 2005 and the SEZs Rules framed thereunder came in to force from 10th February, 2006, employment to 15,44,526 persons have been provided in SEZs. This is apart from millions of man days of employment generated by the developers for infrastructure activities.
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Annexure-I to the Lok Sabha Unstarred Question No. 2528 for 14th December, 2015
Proposals for setting up of SEZs approved by Board of Approval (BoA) for SEZs in its meetings held on 27.08.2015 and 09.10.2015
Sl. No. Name of SEZ Location Sector Area (Hectares) Proposed Investment
(Rs. in Crores)
1 M/s HCL IT City Lucknow Private Limited Sultanpur Road, Lucknow, Uttar Pradesh Information Technology/ Information Technology Enabled Services (IT/ITES) 40.469 1500
2 M/s Reliable Exports (India) Pvt. Ltd. Thane Belapur Road Thane, Navi Mumbai, Maharashtra Information Technology/ Information Technology Enabled Services (IT/ITES) 2.48 508.42
3 M/s Loma IT Park, Developers Pvt. Ltd. Ghansoli, Navi Mumbai, Maharashtra Information Technology/ Information Technology Enabled Services (IT/ITES) 0.5 700
4 M/s Mantri Developers Private Limited Ranga Reddy District, Telangana Electronic Hardware and Software including IT/ITES 1.0504 280
5 M/s Aqua Space Developers Pvt. Ltd. Ranga Reddy District, Telangana Information Technology/ Information Technology Enabled Services (IT/ITES) 1.85 424
Total 3412.42
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