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SEZ exports grew 50 pc in 2008-09.


Date: 28-07-2009
Subject: SEZ exports grew 50 pc in 2008-09
NEW DELHI: Despite India's overall exports growth dipping considerably, exports from its special economic zones (SEZs) grew 50 per cent during 2008-09, the government said Monday.

"The value of exports made from SEZs during 2008-09 was Rs.99,689 crore against Rs.66,638 crore in the previous year, an increase over 50 per cent," said Minister of State for Commerce and Industry Jyotiraditya M Scindia in the Lok Sabha Monday.

During 2008-09, India's total exports registered a growth of 3.5 per cent as compared to 29.1 per cent during the previous year.

The slow growth of exports was primarily due to the global slowdown from the second half last fiscal, the minister said.

Source : The Economic Times

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