SME Times is powered by   
Search News
Just in:   • India-UK trade: TPCI and UKIBC sign pact to boost bilateral ties  • FTAs opening big opportunities for India’s exports: Piyush Goyal  • India-New Zealand trade pact to open new opportunities for exporters: Industry  • SpaceX Q3 revenue surges 161 pc to $14.58 billion; Musk eyes $1 trillion mark by 2028  • Sensex, Nifty surge up to 1 pc in early deals; IT shares lead gains 
Last updated: 18 Feb, 2020  

SEZ.9.Thmb.jpg Exports from SEZ achieve $100 bn mark in 2019-20

exports-new012010.jpg
   Top Stories
» India-UK trade: TPCI and UKIBC sign pact to boost bilateral ties
» FTAs opening big opportunities for India’s exports: Piyush Goyal
» Sensex, Nifty surge up to 1 pc in early deals; IT shares lead gains
» HDFC Bank Q2 profit rises 5 pc, misses estimates on higher provisions
» FIIs turn net buyer in Indian market as sentiment improves
SME Times News Bureau | 18 Feb, 2020

Exports from the country’s Special Economic Zones have achieved $100 billion dollar mark in FY 2019-20 amidst volatile global economy.

The $100 billion exports mark was reached on Monday.

Earlier, SEZs had achieved the landmark of $100-billion worth of exports during the full financial year 2018-19.

"It is observed that while the services segment, constituting majorly of IT & ITeS services, was driver of the export growth at 23.69 per cent," the Ministry of Commerce & Industry said in a statement issued on Tuesday.

According to the statement, there was almost 4 per cent growth in manufacturing segment.

"This reflects overall expansion and interest in SEZs in the country," the statement said.

Besides, the number of operational SEZs have grown to 241 as against 235 at the end of FY 2018-19.

As per the statement, important sectors that saw healthy growth in this financial year include "Gems & Jewelry (13.3 per cent), Trading & Logistics (35 per cent), Leather & Footwear (15 per cent), Non-Conventional Energy (47 per cent), Textiles & Garments (17.6 per cent)."

"Petrochemicals constitute a major segment of SEZ exports, however, growth was muted in this segment; which may be attributed to softening of global crude prices."

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹96.5
₹94.8
UK Pound
₹132.25
₹128.15
Euro
₹113.6
₹109.8
Japanese Yen ₹61.3 ₹59.45
As on 03 Sep, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter