Exports from
special economic zones (SEZs) grew 43.11 per cent to Rs 3.15 lakh crore in 2010-11, according to the data of the Export Promotion Council for EOUs.
During 2009-10, exports from these special enclaves stood at Rs 2.20 lakh crore.
The
total investments in SEZs as on March 31, 2011, are about Rs 2 lakh crore, EPCEs Chairman Jatin R Mehta said in a statement. The sector has provided employment to 6 lakh people this year.
The council said of the 584 formally approved SEZs, 377 have been notified and 133 are in operation.
At present, these units in these zones enjoy 100 per cent tax exemption on their income for the first five years and 50 per cent in the next five years.