26.5% rise in export from Indore SEZ

INDORE: Export from the city-based Special Economic Zone (SEZ) increased by 26.5 per cent to Rs 1,174 crore in the first quarter ended June 30. In the corresponding period last year, export from the multi-product SEZ stood at Rs 928 crore, said SEZ project Development Commissioner Ishwar Singh.

Turnover from the tax-free trade zone stood at Rs 1,665 crore in the April-June quarter, an increase of 35 per cent over Rs 1,233 crore reported in the same period last fiscal, he said.

The SEZ, spread over 1,113 hectors currently houses 47 units related to engineering, pharma, information and technology, textile and food processing among others. Six more industrial units are under construction.

State-run Madhya Pradesh Audyogik Kendra Vikas Nigam (Indore) Ltd is developing the zone.