Search Result for : Tamilnadu

SEZs exports grew 12%, attracted investments Rs4.23 lakh cr

The Dollar Business Bureau Data from the Ministry of Commerce website showed that exports from SEZs grew by about 12% to Rs 5.24 lakh crore and attracted investments worth Rs 4.23 lakh crore in 2016-17. While the country’s overall exports recorded a growth of 16.23% in rupee terms. States like Tamilnadu, Telangana, Maharashtra and Karnataka have the highest number of SEZs operational in the country. The Government has approved as many as 421 zones till May 1, of these 218 of them are operational. SEZs all over India have generated employment for 17.31 lakh people. As a special provision to increase exports from SEZs, under GST, the government has decided to treat the supplies reaching the SEZs from the domestic market at par with ...

Tamil Nadu government woos investors

Source: PTI Inviting global investors to take advantage of industry-friendly policies of south-Indian state Tamil Nadu, Chief Minister Jayalalithaa on Wednesday said the state had set an investment target of $250 billion in the infrastructure sector in the coming years. "Investment in Tamil Nadu is a sound investment", she said while inaugurating the 'Global Investors Meet' and an exhibition showcasing, among other things, the achievements of the state. Jayalalithaa noted that Tamil Nadu was amongst the early states to capitalise on economic reforms launched in India in the early 1990s. She said that under the 'Vision 2023' initiated by the state government, the per capita income of the state will be raised to the levels of higher income countries. ...

Indian human hair exports face tough competition from Chinese market

Sai Nikesh | The Dollar Business Owing to already-existing demand overseas, in the current year since January, around 15 tonnes of human hair has been exported to Rangoon, Myanmar from Tiruchi International Airport (TIA), sources from cargo department of TIA told The Dollar Business on Thursday. Around 2-3 consignments, each containing 1000 kg of human hair is reaching the airport every month, mostly from the regions like Bangalore, Chennai, among others, added the sources. “Rangoon, Myanmar account to 90% share of India’s human hair exports,” said one of the key sources from Air Asia Airlines, one of the leading carriers of Indian human hair exports, besides Malaysian Airlines. However, according to V Karthi, Secretary, Indian Human Hair Exporters Association, Indian human ...