Tweak in SEZ rules can attract companies exiting China

Tamil Nadu Association of SEZ Infrastructure bats for easier access to DTA, efficient exports With policy interventions in the SEZ (special economic zone) rules, India can attract manufacturing supply chains that are relocating from China, according to the Tamil Nadu Association of SEZ Infrastructure developers. In a communication to the Prime Minister, Sunil Rallan, the …

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Tamil Nadu SEZs want easy NFE rules to lure foreign cos aiming to relocate

Special Economic Zones (SEZ) developers in Tamil Nadu have urged the Centre to recalibrate the Net Foreign Exchange Earning (NFE) rules in order to attract companies that are looking at relocating their manufacturing facilities to India. SEZs in the State estimate a loss of around 15-20 per cent of export value owing to the Covid-19 scenario. Various countries …

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Chennai FTZ