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Information about 172486_633746894840413750

Published on March 13, 2014

Author: shruti5125



Presentation: Presentation SEZ In India & China Presented By : Sandeep Roll no : 04 Class : MBA - Hons . (P) What is SEZ ???: What is SEZ ??? SEZ can be defined as an industrial zone with special incentives , Set up to attract foreign investors . History: History Barcelona Zone Shannon Zone (Ireland) Chinese Concept Imagine Chindia 2020: Imagine Chindia 2020 40% of China and 50% of India are below age 25 37% of world population Increasing urbanisation 256mn. to be added in 15-64 age bracket SEZ in India :  SEZ in India Export processing zones Initiative from commerce ministry 2005 SEZ act. Why SEZ in India ???: Why SEZ in India ??? Experience with EPZ For exclusive growth To increase share in world trade WTO regime For employment Objectives: Objectives Foreign exchange To create infrastructure To increase export To create job opportunities Infusion of modern technologies Why SEZ are special ???: Why SEZ are special ??? 100 % income tax exemption External commercial borrowings Benefits to local supplier Exemption from Central Excise Duty on capital goods 100% FDI investment ‘single-window’ clearance Activities in SEZ: Activities in SEZ Processing area Non-processing area Life cycle of SEZ: Life cycle of SEZ Development phase Ram up Pay back phase Annuity phase Burning issues of SEZ: Burning issues of SEZ Inadequate infrastructure Restrictive policies Lengthy procedures – No Single Window Locational disadvantages Labour exploitation Finance ministry Political interference Land acquisitions Unethical practices SEZ in China …: SEZ in China … Started soon after beginning of reforms in 1978 Four SEZs started in 1979 – three in Guangdong adjacent to Hong Kong and one at Xiamen in Fujian Hainan Island was declared as fifth SEZ in 1988 Why Chinese SEZ are successful: Why Chinese SEZ are successful Unique locations Large size Investment-friendly attitude Flexible Labour Laws Powers to Provinces and local authorities Heavy government investment in infrastructure Comparison between Indian and Chinese SEZ: Comparison between Indian and Chinese SEZ Numbers When started Decision making Land legislation Size Ownership Kind of land Exports Overall economic sucess Conclusion: Conclusion SEZ can play a great role to increase India’s export but interest of others must be considered. Trade leads to peace as well as economic growth Queries ???: Queries ??? THANK YOU: THANK YOU SPECIAL THANKS TO Mrs . Saloni P Diwaan Mr. Ashish Saini FOR THEIR KIND SUPPORT AND ASSISTANCE

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