Export obligation exempts EOU/EPZ units from industrial licence requirements while maintaining stricter export commitments. EOU/EPZ units manufacturing SSI-reserved items are exempted from obtaining an industrial licence even where foreign equity exceeds the stated threshold because their existing EOU/EPZ export obligation is higher; prior government approval for foreign investment is not required unless other conditions apply, and upon debonding non-SSI units must undertake to export a mandated portion of SSI-reserved items they produce.
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Provisions expressly mentioned in the judgment/order text.
Export obligation exempts EOU/EPZ units from industrial licence requirements while maintaining stricter export commitments.
EOU/EPZ units manufacturing SSI-reserved items are exempted from obtaining an industrial licence even where foreign equity exceeds the stated threshold because their existing EOU/EPZ export obligation is higher; prior government approval for foreign investment is not required unless other conditions apply, and upon debonding non-SSI units must undertake to export a mandated portion of SSI-reserved items they produce.
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