: Jewellery & textiles exporters from Surat invited to setup units in JNPA SEZ #finance #StockMarketNEWS Jewellery & textiles exporters from Surat invited to setup units in JNPA SEZ Surat, Aug 12 (KNN) The

Jewellery & textiles exporters from Surat invited to setup units in JNPA SEZ #finance #StockMarketNEWS
Jewellery & textiles exporters from Surat invited to setup units in JNPA SEZ Surat, Aug 12 (KNN) The Jawaharlal Nehru Port Authority (JNPA) in partnership with the Confederation of Indian Industry (CII) organised an investor conclave in Surat with the aim to increase economic activity in the ports Special Economic Zone (SEZ).

The primary target of the conclave was to invite export-oriented industrialists from Surat to the country’s first port-based Special Economic Zone (SEZ).

It aimed at developing a working relationship with the industrialists to help and understand their needs and requirements in order to achieve the set benchmarks in the era of port-led industrialisation.

The Port authorities through SEZ will generate additional economic activity, promotion of exports, promotion of investments, creation of employment and infrastructure development.

As per reports,JNPA is offering various incentives to investors, including subsidised water and electricity supply in order to attract investments.

Several leading industrialists dealing in textiles, diamonds, jewellery and other products took part in the conclave.

Speaking at the occasion,JNPA chairman Sanjay Sethi said, “JNPA is set to strengthen its growth with this SEZ that offers varied facilities from single-window clearances to multi-modal connectivity and state-of-the-art infrastructure, making it an ideal choice to establish businesses and boost export-oriented industries in India.”

“This is the countrys first port SEZ, where manufacturing services as well as ware-housing facilities are available at one place. We have sold around 26 plots to different companies,”he said.

The multi-product SEZ was developed on 277.38 hectares of land as India’s first port-based multi-product operational SEZ.

Claiming that the JNPA SEZ will reduce logistic costs of imports and exports, deputy chairman of JNPA SEZ, Unmesh Sharad Wagh, said, “We request the industrialists of Surat to set up their industries there and take maximum advantage. Apart from several multinational companies, the Dubai Port World has purchased 20 per cent area, where they will develop free trade warehousing zone.”

KNN Bureau