27-29 March 2019
The Ashok, Chanakyapuri, New Delhi

Importance of FTZs / EZs / EOUs

In India, Free Trade Zones (FTZs) / Economic Zones (EZs) / Export Oriented Units (EOUs) play an important role in facilitating exports, thereby enabling the country to be a part of globalisation. The FTZs / EZs / EOUs:

  • Are important components of cross country economic corridor development and trade agreements
  • Foster technological learnings and innovation
  • Facilitate trade and investment
  • Support development of global production networks and value chains
  • Lead to the growth of manufacturing
  • With the Make in India campaign, the manufacturing sector, which generates employment and drives the Indian economy, has staged a comeback as smaller Indian companies are taking a second look at operations, and incorporating domestic production to boost exports.

Importance of FTZs/SEZs/EOUs