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SEZ s IN MAHARASHTRA
BY GROUP
GROUP 9                  GROUP 12
•   Rahul Singh          •   Mayank Saxena
•   Ravindra Vishkarma   •   Prashant Chaturvedi
•   Rahul Chawla         •   Abhishek Das
•   Manish Kumar         •   Mani Shukla
•   Gaurav Kumar         •   Apoorva verma
•   Sumit Kumar          •   Brij Bhushan
SPECIAL ECONOMIC ZONE
• SEZ is a geographical region that has economic
  and other law that are more free market
  oriented than a country‘s typical or national
  law’s. “Nationwide” laws may be suspended
  inside a special economic zones.
SEZ                         LAND REQUIRED (HECTARES)


MULTI - PRODUCT             1000 OR MORE


SECTOR SPECIFIC IN ONE OR   1000 OR MORE
MORE SERVICE OR PORT OR
AIRPORT
SECTOR SPECIFIC ( IT,       10 OR MORE
HARDWARE, SOFTWARE,
ENERGY)
FREE TRADE AND              40 OR MORE
WAREHOUSING ZONE
Approval mechanism for the establishment of an
            SEZ for the Central
     and state government as a developer
Approval mechanism for the establishment of an
             SEZ for a private
                 developer
Limiting factors
• Governmental promises & pitfalls.
• The acquisition of land by state government directly
  from the farmers at a price fixed by the govt. became
  controversial.
• Corruption.
• Formation of new policy.
EXIM policy
Indian EXIM Policy contains various policy related
decisions taken by the government in the sphere of
Foreign Trade, i.e., with respect to imports and
exports from the country and more especially
export promotion measures, policies and
procedures related thereto
objectives
• To accelerate the economy from low level of
  economic activities to high level of economic
  activities .
• To stimulate sustained economic growth .
• To enhance the techno local strength and efficiency
  of Indian industrial sector.
• To generate new employment
• To provide quality consumer products at reasonable
  prices.
Special Economic Zone (SEZ)
 under the EXIM Policy 2009-2014
The area under 'SEZ' covers a broad range of zone
  types, including
• Export Processing Zones (EPZ),
• Free Zones (FZ),
• Industrial Estates (IE),
• Free Trade Zones (FTZ),
• Free Ports,
• Urban Enterprise Zones and others
Export related benefits
• Special council is made named Export Promotion
  Council in SEZ’s.
• Easy Custom clearance
• Exemption from Central Sales Tax.
Export Promotion Council
               Objectives
• To promote exports from India and to earn more
  foreign exchange for the country.
• To facilitate interaction between the exporting
  community and government both at the Central and
  State level.
• To canalize financial assistance rendered by the Central
  Government to members for assisting their export
  market development efforts.
• To collaborate with other Export Promotion
  Councils/Export Promotion Organizations in India and
  similar bodies in foreign countries as well as with
  international organizations working in the field.
Condition for Import
• The import shall be subject to the following
  conditions:
  – The goods shall be imported into the premises of the
    unit.
  – The procedure as prescribed under Customs/ Excise
    rules for SEZ will be followed and general bond
    executed with Customs/Excise authority.
  – Goods already imported/shipped/ arrived before the
    issue of Letter of Permission (LOP)/Letter of Intent
    (LOI) are also eligible for duty free clearance under the
    SEZ scheme provided customs duty has not been paid
    and the goods have not been cleared from customs.
Import Benefits
• Facilitate the duty free import of samples
• Reduction of transaction costs.
• Duty- free imports of various goods.
Maha Mumbai Special
                 Economic Zone(MSEZ)
Promoted by               Mukesh Ambani & Anand Jain

Location                  Raigad

Category                  Multi product

Proposed investment       10000 cr.

Current investment:       600 cr.

Land required             10000 hectares

Land acquired             1943 hectares

Project Status            Suspended
MSEZ’S Problems
• Strong opposition from farmers
• Constraints of time
• Political interference
Hope
• Waiting for approval of land acquisition(amendment)
• Location and logical advantage
• Clubbing for broader perspective
SEZ IN NAVI MUMBAI
NODE WISE DETAIL OF SEZ
DRONAGIRI SEZ
• The Dronagiri node of
  Navi Mumbai sez is one
  of the southern trip of
  Navi Mumbai and is
  spread over a total area
  of 1250 ha. The SEZ site
  in Dronagiri Node is
  surrounded by long
  waterfront and water
  bodies.
ULWE SEZ
• The Ulwe Node of Navi
  Mumbai SEZ covering
  an area of about 80 ha
  is located equidistant
  from the Dronagiri and
  nodes of Navi Mumbai
  SEZ
ULWE(EAST)-AIRPORT
• The Ulwe (airport) Node
  of Navi Mumbai SEZ
  would cover
  approximately 500ha
  and is located
  equidistant from the
  Dronagiri and kalamboli
  Node of Navi Mumbai
  SEZ.
India bull
INDIA BULLS
• India bulls is an Indian company with its presence in
  the Real Estate , Infrastructure ,Securities , Financial
  services , Retail , Multiplex and Power sectors.
• The company was Founded in May 2000 as an online
  stock brokerage.
• It diversified into its current portfolio.
• India bulls financial services received venture capital
  funding from Mr. Lakshmi Mittal &Harish Fabiani.
INDIA BULLS GROUP
• India bulls group one of the largest business house.
• The group has several businesses which cover a wide
  spectrum of Real Estate, Financial Services,
  Securities, Power and Chartered Aviation.
• Many of the companies are public entities and are
  listed on Indian stock markets.
• Indiabulls was conferred the status of a “Business
  Superbrand” by The Brand Council, Superbrands
  India in 2008.
India bulls infrastructure
• It is located in Sinnar in Nasik district,
• Indiabulls Nasik SEZ is Maharashtra’s first multi-
  product SEZ for growth sectors like textiles,
  electronics/electrical, automobile and auto
  component, pharmaceuticals and bio-tech, food
  processing.
India bulls infrastructure
• They Spread over 2500 acres,
• It provides world-class infrastructure support for
  maximizing production, minimizing logistics
  redundancy and improving the overall business
  efficiency.
Indiabulls Real Estate
•The Indiabulls Real Estate Limited has India presence
with various iconic projects ranging from commercial
and residential towers to SEZ.
•The Indiabulls brought the first FDI to the Indian real
estate market by partnering with Farallon Capital
Management LLC of USA.
•The company plays the ambitious role of converting
the 26 million sq ft area into 16 cities offering high end
residential, commercial and retail of premium quality
within a short span of time.
•
India bulls infrastructure
• It Facilitates to –
1. Management,
2. Residential,
3. Commercial (Office and Retail),
4. Development of SEZ and
5. Thermal and Hydro-power generation.
IMPACTS
Positive Impacts
• To Nation
  – World class business
   environment
  – Increased FDI
  – Higher economic growth
  – Infrastructural development
  – Export growth
  – Employment Opportunities
  – Exposure to technology and
   global markets
• TO Business houses
  – Hassle free operating
    environment
  – Duty free import
  – Tax exemption- VAT, CST, ST
     other levies and taxes
  – External commercial borrowings
  – 100% profit repatriation
    from export earnings
• To People
  – Employment opportunities
  – Impact on lifestyle and
    standard of living
  – Business infrastructure
    combined with social facilities
  – Better work culture
    good education
    leadership vision
Hurdles
• To People
  –   Grabbing of fertile land
  –   Water scarcity- Threat to access
  –   Food scarcity
  –   Exploitation of labour
  –   Landless farmers
• To Environment
  – Mangrove destruction
  – Destruction of ground water
     recharge system
  – Pollution
Ill impact of SEZ
• Economic impact
 – Loss of farmland
 – Loss of wells and bore wells
 – Loss of live stock
 – Migration
• Environmental impact
 – Impact of health
 – Illness
 – Loss of trees
• Social impact
 – Impact on women
 – Breakdown of collective life
 – Child labour
RECOMMENDATION
• Govt. should increase employment opportunities in
  SEZs in Agriculture Sector.
• Govt. should reduce problems related to labour in
  SEZs.
• Govt. should be concentrated towards providing infra
  structural facilities in rural economy.
• Govt. should have increase trade duties and tariffs in
  SEZs for the purpose of revenue.
• Govt. should see the problems of farmers affected by
  the adverse effects of SEZs.
• Govt. should also increase the sustainable
  development in an economy from SEZs etc.
Thank you…
Sez s in maharashtra

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Sez s in maharashtra

  • 1. SEZ s IN MAHARASHTRA
  • 2. BY GROUP GROUP 9 GROUP 12 • Rahul Singh • Mayank Saxena • Ravindra Vishkarma • Prashant Chaturvedi • Rahul Chawla • Abhishek Das • Manish Kumar • Mani Shukla • Gaurav Kumar • Apoorva verma • Sumit Kumar • Brij Bhushan
  • 3. SPECIAL ECONOMIC ZONE • SEZ is a geographical region that has economic and other law that are more free market oriented than a country‘s typical or national law’s. “Nationwide” laws may be suspended inside a special economic zones.
  • 4. SEZ LAND REQUIRED (HECTARES) MULTI - PRODUCT 1000 OR MORE SECTOR SPECIFIC IN ONE OR 1000 OR MORE MORE SERVICE OR PORT OR AIRPORT SECTOR SPECIFIC ( IT, 10 OR MORE HARDWARE, SOFTWARE, ENERGY) FREE TRADE AND 40 OR MORE WAREHOUSING ZONE
  • 5. Approval mechanism for the establishment of an SEZ for the Central and state government as a developer
  • 6. Approval mechanism for the establishment of an SEZ for a private developer
  • 7. Limiting factors • Governmental promises & pitfalls. • The acquisition of land by state government directly from the farmers at a price fixed by the govt. became controversial. • Corruption. • Formation of new policy.
  • 8. EXIM policy Indian EXIM Policy contains various policy related decisions taken by the government in the sphere of Foreign Trade, i.e., with respect to imports and exports from the country and more especially export promotion measures, policies and procedures related thereto
  • 9. objectives • To accelerate the economy from low level of economic activities to high level of economic activities . • To stimulate sustained economic growth . • To enhance the techno local strength and efficiency of Indian industrial sector. • To generate new employment • To provide quality consumer products at reasonable prices.
  • 10. Special Economic Zone (SEZ) under the EXIM Policy 2009-2014 The area under 'SEZ' covers a broad range of zone types, including • Export Processing Zones (EPZ), • Free Zones (FZ), • Industrial Estates (IE), • Free Trade Zones (FTZ), • Free Ports, • Urban Enterprise Zones and others
  • 11. Export related benefits • Special council is made named Export Promotion Council in SEZ’s. • Easy Custom clearance • Exemption from Central Sales Tax.
  • 12. Export Promotion Council Objectives • To promote exports from India and to earn more foreign exchange for the country. • To facilitate interaction between the exporting community and government both at the Central and State level. • To canalize financial assistance rendered by the Central Government to members for assisting their export market development efforts. • To collaborate with other Export Promotion Councils/Export Promotion Organizations in India and similar bodies in foreign countries as well as with international organizations working in the field.
  • 13. Condition for Import • The import shall be subject to the following conditions: – The goods shall be imported into the premises of the unit. – The procedure as prescribed under Customs/ Excise rules for SEZ will be followed and general bond executed with Customs/Excise authority. – Goods already imported/shipped/ arrived before the issue of Letter of Permission (LOP)/Letter of Intent (LOI) are also eligible for duty free clearance under the SEZ scheme provided customs duty has not been paid and the goods have not been cleared from customs.
  • 14. Import Benefits • Facilitate the duty free import of samples • Reduction of transaction costs. • Duty- free imports of various goods.
  • 15. Maha Mumbai Special Economic Zone(MSEZ) Promoted by Mukesh Ambani & Anand Jain Location Raigad Category Multi product Proposed investment 10000 cr. Current investment: 600 cr. Land required 10000 hectares Land acquired 1943 hectares Project Status Suspended
  • 16.
  • 17. MSEZ’S Problems • Strong opposition from farmers • Constraints of time • Political interference
  • 18.
  • 19. Hope • Waiting for approval of land acquisition(amendment) • Location and logical advantage • Clubbing for broader perspective
  • 20. SEZ IN NAVI MUMBAI
  • 22. DRONAGIRI SEZ • The Dronagiri node of Navi Mumbai sez is one of the southern trip of Navi Mumbai and is spread over a total area of 1250 ha. The SEZ site in Dronagiri Node is surrounded by long waterfront and water bodies.
  • 23. ULWE SEZ • The Ulwe Node of Navi Mumbai SEZ covering an area of about 80 ha is located equidistant from the Dronagiri and nodes of Navi Mumbai SEZ
  • 24. ULWE(EAST)-AIRPORT • The Ulwe (airport) Node of Navi Mumbai SEZ would cover approximately 500ha and is located equidistant from the Dronagiri and kalamboli Node of Navi Mumbai SEZ.
  • 26.
  • 27. INDIA BULLS • India bulls is an Indian company with its presence in the Real Estate , Infrastructure ,Securities , Financial services , Retail , Multiplex and Power sectors. • The company was Founded in May 2000 as an online stock brokerage. • It diversified into its current portfolio. • India bulls financial services received venture capital funding from Mr. Lakshmi Mittal &Harish Fabiani.
  • 28. INDIA BULLS GROUP • India bulls group one of the largest business house. • The group has several businesses which cover a wide spectrum of Real Estate, Financial Services, Securities, Power and Chartered Aviation. • Many of the companies are public entities and are listed on Indian stock markets. • Indiabulls was conferred the status of a “Business Superbrand” by The Brand Council, Superbrands India in 2008.
  • 29. India bulls infrastructure • It is located in Sinnar in Nasik district, • Indiabulls Nasik SEZ is Maharashtra’s first multi- product SEZ for growth sectors like textiles, electronics/electrical, automobile and auto component, pharmaceuticals and bio-tech, food processing.
  • 30. India bulls infrastructure • They Spread over 2500 acres, • It provides world-class infrastructure support for maximizing production, minimizing logistics redundancy and improving the overall business efficiency.
  • 31. Indiabulls Real Estate •The Indiabulls Real Estate Limited has India presence with various iconic projects ranging from commercial and residential towers to SEZ. •The Indiabulls brought the first FDI to the Indian real estate market by partnering with Farallon Capital Management LLC of USA. •The company plays the ambitious role of converting the 26 million sq ft area into 16 cities offering high end residential, commercial and retail of premium quality within a short span of time. •
  • 32. India bulls infrastructure • It Facilitates to – 1. Management, 2. Residential, 3. Commercial (Office and Retail), 4. Development of SEZ and 5. Thermal and Hydro-power generation.
  • 34. Positive Impacts • To Nation – World class business environment – Increased FDI – Higher economic growth – Infrastructural development – Export growth – Employment Opportunities – Exposure to technology and global markets
  • 35. • TO Business houses – Hassle free operating environment – Duty free import – Tax exemption- VAT, CST, ST other levies and taxes – External commercial borrowings – 100% profit repatriation from export earnings
  • 36. • To People – Employment opportunities – Impact on lifestyle and standard of living – Business infrastructure combined with social facilities – Better work culture good education leadership vision
  • 37. Hurdles • To People – Grabbing of fertile land – Water scarcity- Threat to access – Food scarcity – Exploitation of labour – Landless farmers • To Environment – Mangrove destruction – Destruction of ground water recharge system – Pollution
  • 38. Ill impact of SEZ • Economic impact – Loss of farmland – Loss of wells and bore wells – Loss of live stock – Migration
  • 39. • Environmental impact – Impact of health – Illness – Loss of trees
  • 40. • Social impact – Impact on women – Breakdown of collective life – Child labour
  • 41. RECOMMENDATION • Govt. should increase employment opportunities in SEZs in Agriculture Sector. • Govt. should reduce problems related to labour in SEZs. • Govt. should be concentrated towards providing infra structural facilities in rural economy. • Govt. should have increase trade duties and tariffs in SEZs for the purpose of revenue. • Govt. should see the problems of farmers affected by the adverse effects of SEZs. • Govt. should also increase the sustainable development in an economy from SEZs etc.