fdi in india and its growth linkages - Department Of Industrial Policy ...

in the eight major SEZ’s exports is low, the growth of the exports of this SEZ over a period of time is significantly high
(457 per cent in 2007-08 over the year 2006-07); this is in contrast to other SEZs which reported tremendous declines
in their exports in 2007-08.
The growth rate of exports from SEZs touched 67 per cent compared with an average of 15 per cent during 2002-03.
Exports from the Cochin, Noida and Surat SEZs have performed quite well during the years 2006-07 and 2007-08.
Exports from all SEZs except SEEPZ and Visakhapatnam performed well during 2007-08 (see Table 4.2).
The above table shows that exports from SEZs have been increasingly consistently in the past five years with the
SEEPZ, Surat and Noida SEZs clocking the highest exports.
Table 4.1
Total Physical Exports by SEZs
SPECIAL ECONOMIC ZONES (SEZS) AND FDI IN INDIA
Year Value of Physical Exports from SEZs Growth Rate
(Rs. crore) (over previous year) (per cent)
2003-2004 13854 39
2004-2005 18314 32
2005-2006 22840 25
2006-2007 34615 52
2007-2008 66638 92
Source: www.sezindia.nic.in
Table 4.2
Export Performance of the 8 functional SEZs (Rs. crore)
Zone 2000-01 2002-03 2004-05 2006-07 2007-08
Kandla SEZ 527.9 729.3 710.8 1482.7 1882.0
SEEPZ SEZ 5193.7 6083.2 6589.8 12047.7 11264.7
Cochin SEZ 304.3 270.4 290.0 802.7 4471.0
Noida SEZ 1043.2 1001.2 2479.0 6893.0 16843.4
Madras SEZ 690.8 822.4 979.2 2383.9 3046.5
Visakhapatnam SEZ 219.1 357.3 288.0 749.7 741.3
Surat SEZ NA NA 1539.7 5197.4 12294.0
Falta SEZ 520.0 520.5 573.7 998.7 1026.3
Total for SEZs 8499.0 9784.1 13450.2 30555.7 51569.2
Source: www.sezindia.nic.in
4.6 Investment in SEZs
Exports and employment in SEZs largely depend on investment. Promotion of investments from domestic as well as
foreign sources is one of the main objectives of the SEZ scheme. In 2007-08, foreign investment, including NRI
investment in the setting up of units in SEZs, was Rs. 3899 crore. FDI up to 100 per cent for setting up SEZs is
permissible with the clearance of the Board of Approval. See Table 4.3 below for details of investment in SEZs.
Table 4.3 shows investment made in central and private/state government SEZs and it can be seen that investment in
notified SEZs is much higher than in both the private/state government SEZs and central government SEZs. Table 4.4
describes the investment made by central government and private/state government SEZs for the year 2007-08; it shows
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