The Confederation of Indian Industry (CII) organised a sensitization session on “Special Economic Zones - the changing business landscape” at Ludhiana today.
Dr L.B. Singhal, Director General, Export Promotion Council, Government of India, who was the chief guest on the occasion interacted with the local exporters and industry members on the concept, benefits, perceptions and myths about the Special Econimic Zones (SEZs).
Welcoming the participants, Gunbir Singh, Chairman, CII Punjab State Council, said that whole purpose behind the
SEZ concept was to liberalize the trade and investment scenario in India where by a conducive and hassle-free environment was created for industry to grow and propel the development and growth of the particular area and the country. However, due to lack of awareness and myths on SEZ concept, the potential investors — especially from Punjab — have somewhat shied from investing in SEZ’s
Source : Indianexpress