Page 279 - DMGT546_INTERNATIONAL_TRADE_PROCEDURE_AND_DOCUMENTATION

International Trade Procedures and Documentation

Notes 3. Ensuring that simplification of procedure and cutting down the red tap will result in
promotion of investments from domestic and foreign sources.
4. Maintaining that SEZ will help in creation of employment opportunities for the people of
the country.
5. Envisaging SEZs helping in development of infrastructure facilities in backward areas
and tapping the country’s innate resources.
6. Looking forward to SEZs becoming major centres of activity in realizing the cherished
dream of making India a world-class centre of manufacturing, trading and services and
putting it in the league of global export champions.
Table 13.3: What activities can be planned in SEZs

Manufacturing /Trading Service
1. Apparel, Garments and Leather 1. IT-enables services, Biotechnology
2. Automobile and Auto Components 2. R & D Services
3. Engineering– Light, Heavy and 3. Healthcare
Application
4. Pharmaceuticals 4. Financial Services
5. Food Processing 5. Knowledge (Education) Services
6. Telecom Equipment 6. Entertainment, Leisure and Recreation
7. Computer Hardware and 7. Sports and Related Activities
Microelectronics
8. Consumer Electronics and Appliances 8. Organized Retail
9. Gems, Jewellery and Diamonds 9. Business Services (Convention/Exhibition)
10. Wood, Rubber, Plastic and Leather 10. Warehousing and Trade-related Services
Products
11. Handicrafts
Source: Inputs based on SEZ Act 2005 and SEZ Rules 2006

The SEZ Act 2005 is unique in the sense that it also envisages a key role for state governments in
export promotion and creation of related infrastructure and thus involves state governments as
active partners in export promotion. Application for setting up SEZ will be processed in Single
Window Approval Mechanism (SWAM) through a 19-member inter-ministerial SEZ Board of
Approval (BoA). The applications, which are duly recommended by the respective state
governments/UT administration, shall be considered by the BoA periodically, for consensus on
setting up SEZs.

13.2.1 Procedure for Setting up SEZ

In India, SEZs can be set up by state governments, or their various agencies or the public, private
or the joint sector. Even foreign companies can set up SEZs in India.
Figure 13.1: Who Can Set Up SEZ?

Source: Inputs based on SEZ Act 2005 and SEZ Rules 2006

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