The Special Economic Zones (SEZs) continue to take the lead in expanding the exports for the country.
Facts
- SEZs in India have achieved 100-billion-dollar worth of exports in Financial Year 2019-20,as on February 17, 2020.
- SEZs achieved this land-mark of 100-billion-dollar worth of exports in 2018-19 in full financial year.
- While the services segment, constituting majorly of IT &ITeS services was driver of the export growth at 23.69 %. There was almost 4% growth in manufacturing segment also. This reflects overall expansion and interest in SEZs in the country.
- Number of operational SEZs have grown to 241 as against 235 at the end of FY 2018-19.