COCHIN(Kochi): The Cochin Special Economic Zone has registered a 70 per cent growth in exports during 2007-08, while its earnings stood at Rs 4,652 crore as against Rs 1037.52 crore in the previous year.
The earnings were mostly from gems and jewellery exports, which touched Rs 3,600 crore, CSEZ Development Commissioner C J Mathew told a press meet here.
At present, there are 119 units in the zone of which 101 are in operation and remaining 18 units are under various stages of implementation. The units in the zone manufacture a wide range of products in various sectors like software, electronics, textiles, engineering, ceramic and food, he said.
MNCs like Tyco, Baird McNutt and Indian groups like Hindustan Lever, Tatas, AVT, Leela and Nest have set up their units in the zone. CSEZ has opened its doors to a British company M/s Magnum Aviation for the manufacture of aircraft engines and components.
The zone is also the largest employment destination in the state giving jobs to around 11,358 persons, including 5,034 women.
The 63 Export Oriented Units (EOUs) in Kerala, 526 in Karnataka, one in Lakshadweep come under the CSEZ's jurisdiction. EOUs in Kerala recorded exports of Rs 1,079.76 crore during 2006-07 and EOUs in Karnataka recorded exports of rs 17,656.11 during 2006-07, he said.
Notifications have been issued for 20 SEZs in Karnataka, including 13 in IT/ITeS sector and eight in Kerala.
Economic Times/ India Times
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