MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY(SHRI E.V.K.S. ELANGOVAN)
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(a) to (c): All the eight Export Processing Zones set up at Kandla and Surat (Gujarat), Santa Cruz (Maharashtra), Cochin (Kerala), Chennai (Tamil Nadu), Vishakhapatnam (Andhra Pradesh), Falta (West Bengal), Noida (U.P.) have been converted into Special Economic Zones (SEZs). In addition, 3 new Special Economic Zones at Salt Lake - Manikanchan (West Bengal), Indore (M.P.) and Jaipur (Rajasthan) have become operational in 2004-05. The export performance of the existing Special Economic Zones, vis-Ã -vis, targets set during the last 3 years, is given in the statement annexed.
(d) and (e): The major incentives offered to units in Special Economic Zones to promote exports include duty free import/domestic procurement of goods, exemption from Central Sales Tax on supplies made from Domestic Tariff Area, exemption from service tax and 100% income tax exemption for the first 5 years, 50% for the next 2 years and not exceeding 50% of ploughed back profits for the next 3 years.
(f) & (g): Proposals recently received through the State Governments/Union Territories for setting up SEZs at Manglore, Banglore, Hassan (Karnataka), Shastri Park (New Delhi), Ghaziabad (U.P.), Mohali, Amritsar (Punjab), Nagpur (Maharashtra) and Trivandrum (Kerala) are under the consideration of the Government and final decisions are expected shortly.
Statement referred to in reply to parts (a) to (c) Lok Sabha Unstarred Question No: 3149 to be answered on 16.8.2005 regarding Export Processing Zones
(Rs. in crores)
Export Performance of the Special Economic Zones (SEZs)
2002-03 2003-04 2004-05
Zone Export Target Achievement Export Target Achievement Export target Achievement
Kandla SEZ 550 729.29 1020 1018.82 1275 1060.14
SEEPZ-SEZ (Santa Cruz) 5850 6083.02 7600 7832.81 9790 8298.59
Noida SEZ 1100 1001.17 1400 1534.17 1920 4266.00
Madras SEZ 875 822.35 1040 1037.96 1295 1376.91
Cochin SEZ 325 270.42 380 298.91 375 462.99
Falta SEZ 650 512.39 720 825.34 1030 569.15
Visakhapatnam SEZ 300 357.27 500 435.67 545 579.27
Surat SEZ 350 280.71 400 869.90 1090 1539.72
Indore SEZ 55.02
Jairpur SEZ 5.27
Manikanchan SEZ 95.94
Total 10000 10056.62 13060 13853.58 17320 18309.00