Govt Indore Special Economic Zone (SEZ Indore) Jobs 2024 - Sarkari Naukri

The Government had put in place a single legislation for establishment, development and management of the Special Economic Zones. The government of India in the ministry of Commerce & Industries enacted the Special Economic Zones Act, 2005. Special Economic Zone are considered to be growth engines to boost manufacturing, augment exports and generate large scale employment. The unique feature of the SEZ Scheme is that an SEZ is considered to be foreign territory for the purpose of trade operations, duties and tariffs. Supplies of goods & services into SEZ from Domestic Tariff Area (DTA) are treated as exports and goods & services coming from SEZ into DTA are to be treated as if these are being imported.

Indore SEZ was notified prior to the enactment of the SEZ Act’ 2005 and became operational W.E.F. 15.08.2003. This SEZ is the only Green Field multi product SEZ of India as on date and is spread over an area of more than 1100 hectares of land in Phase I & II . Industries of various sectors such as Plastic, Engineering, Pharmaceutical, Metal, Textile & Food processing etc. are located in the Zone.