Between April and November, exports from the SEZ slowed down

New Delhi: In the first six months of the current financial year, the growth in exports from SEZs has been slower than the growth in exports across the country. According to government data, India exported ૮ 215.7 billion worth of goods and services during April-November, an increase of about 3 per cent over the same period last year. During the period, exports from SEZs increased by 21 per cent to ૯૫ 2.7 billion.

Data on outbound shipments since the beginning of the financial year show that the effects of the first phase of the epidemic have ended and demand in overseas markets has picked up as economies have opened. Looking at the details of SEZ exports this year, the share of software and services exports was the highest at 9 per cent.

This is followed by the export of commercial goods. Including product. Exports of software and services grew by 12 per cent to 21.2 billion, while exports of commercial goods rose by 9 per cent to ૫ 21.71 billion. It shows signs of recovery in the manufacturing sector after recovery from the epidemic.

Some bases have also been affected and some price hikes have also been affected. Some of the direct tax incentives given to the SEZs have been withdrawn over time. As a result, investment was affected by policy instability. This has shaken investor confidence.