MoC Invites Suggestions on SEZ Policy


Make suggestions on Baba Kalyani
Group Report on SEZ Policy

Department of Commerce, Ministry of Commerce & Industry (MoC) had constituted a Group consisting of SEZ stakeholders under the chairmanship of Shri Baba Kalyani, Chairman & MD, M/s. Bharat Forge Ltd. in June-2018 to study the SEZ policy of India.

De facto the Baba Kalyani led committee constituted by the Ministry of Commerce & Industry to study the existing SEZ policy of India had submitted its report to the Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, in New Delhi on November 19, 2018.

The objectives of the committee were to evaluate the SEZ policy and make it WTO compatible, suggest measures for maximizing utilisation of vacant land in SEZs, suggest changes in the SEZ policy based on international experience and merge the SEZ policy.

Baba Kalyani, Chairman, Bharat Forge Ltd., said that if India is going to become a USD 5 trillion economy by 2025 then the current environment of manufacturing competitiveness and services has to undergo a basic paradigm shift.”

The Government of India has set a target of creating 100 million jobs and achieving 25% of GDP from the manufacturing sector by 2022, as part of its flagship ‘Make in India’ programme. Furthermore, the Government plans to increase manufacturing value to USD 1.2 trillion by 2025.

The Group, after deliberations, has submitted its report.  A copy of the report has been placed on the website SEZindia.nic.in, for obtaining suggestions/comments on the recommendations of the report. The suggestions are required to be sent on email id: moc_epz@nic.in latest by 30th January, 2019.


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