Visakhapatnam Special Economic Zone (VSEZ) Development Commissioner Srinivas Muppaala on Wednesday informed that the SEZ recorded exports to the tune of ₹1,62,211 crore between April and December 2023, with an increase of 24% over the previous year for the corresponding period.
Services exports alone were marked at ₹1,17,300 crore (23% growth) while merchandise exports were recorded to be ₹44,911 crore (27% growth).
“We attracted investment of ₹1,04,961 crore and generated employment of 6,61,579 people as of June 30, 2023. In Andhra Pradesh one new SEZ unit proposals has been granted approval to M/s.Tanmayee Logistics in Kakinada SEZ Limited for rendering Warehousing and auxiliary services,” Mr. Srinivas said.
In Telangana, one new SEZ – M/s. Evertop Textile and Apparel Complex Pvt. Limited for textile and apparel related units, three new SEZ unit proposals have been granted approval. They are M/s. FMC Technologies India Pvt. Ltd, M/s. Medtronic Engineering and Innovation Centre Pvt. Ltd and M/s. Maksim Infotech Pvt. Ltd. All these units will be set up for rendering IT/IT-enabled services, he added.