Be a PRO & get up to 50% off on select brands. Explore Now
you are here: HomeNewsBusiness

Exports from Indore SEZ jump 24.5% to Rs 11,944 crore in 2020-21

The exports had stood at around Rs 9,600 crore in 2019-20, the official of the Ministry of Commerce and Industry said.

April 09, 2021 / 09:03 PM IST

Soaring demand, especially of medicine, amid the global coronavirus outbreak pushed up the exports from the Indore Special Economic Zone (SEZ) by around 24.5 per cent to nearly Rs 11,944 crore in 2020-21, a commerce ministry official said.

The exports had stood at around Rs 9,600 crore in 2019-20, the official of the Ministry of Commerce and Industry said.

He added that the medicine accounted for a hefty 60 per cent in the exports at the close of the fiscal 2020-21.

The official said that the pharmaceutical companies' production remained unhindered during the coronavirus-induced lockdown as it falls under essential services.

He added that pharmaceutical, packing, engineering, garment and food processing, among 67 units, are working in Indore SEZ.

Close

Of these, 20 units are of pharmaceutical companies.

The zone is in the adjoining Dhar districts Pithampur Industrial area, which is spread over 1,100 hectares.
PTI
first published: Apr 9, 2021 09:03 pm

stay updated

Get Daily News on your Browser
Sections
Enjoying Moneycontrol?

How about a quick survey to help us improve our services?

Ok, sure

Maybe next time!