D. Purandeswari Presented the EPCES Export Awards to EOUs and SEZs

The Minister of State for Commerce and Industry D. Purandeswari on 30 September 2013 presented the Export Promotion Council for EOUs and SEZs (EPCES) Export Awards to EOUs and SEZs for Outstanding Export Performance. The objective of the awards was to recognise the meritorious efforts of EOUs and SEZ Units for their outstanding export performance for the year 2010-11.

The awards were presented in the fields of gem and jewellery, engineering, plastic products, electronic, computer hardware, services, readymade garments, handicrafts, chemical and allied products, textile products and food products.

It is important to note that the SEZ Scheme, which is operating in more than 130 countries, in one form or another, is contributing effectively in bringing investments, new technologies and best managerial practices. The EOU Scheme has also been reviewed after the withdrawal of income tax benefit.

The exports from EOU and SEZ Sector are to the extent of 556295 crore Rupees during 2012-13 with a contribution of 34 percent to national exports. PC Nambiar, Chairman, EPCES informed that there is an export growth of 16 times from EOU and SEZ Sector since inception of the Council in 2003 and the contribution of this sector to national exports during 2012-13 is 34 percent.

Minister of State for Commerce and Industry presented the export awards to EOUs and SEZ Units. Some of the prominent awardees included Reliance Industries Ltd., Aurobindo Pharma Ltd., Shree Ganesh Jewellery House and Moser Baer India Ltd. among others.