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Indore, Nov 24 (PTI) Exports from Indore's Special Economic Zone (SEZ) jumped 32 per cent to Rs 8,127.67 crore during the first seven months of the current financial year due to increased orders from pharmaceutical units, an official said on Monday.
According to an official from the Union Ministry of Commerce and Industry, the Indore SEZ, which houses factories manufacturing various products, exported Rs 8,127.67 crore from April-October in the current financial year.
He said in the previous financial year, exports from this SEZ from April to October were worth Rs 6,157.11 crore.
"About 70 per cent of exports from the Indore SEZ are pharmaceuticals, and the United States is among the top importers of these drugs," the official said.
He said the Indore SEZ, spread over 572 hectares in the Pithampur Industrial Area, houses 59 plants in various sectors, including pharmaceuticals, packaging materials, engineering, textile manufacturing, and food processing. Of these, 22 are in the pharmaceutical sector alone. PTI HWP MAS TRB
Indore SEZ exports rose 32% to Rs 8,127.67 crore driven by pharmaceutical orders and US demand. Indore Special Economic Zone exports rose 32 per cent to Rs 8,127.67 crore for April-October, led by pharmaceuticals which constitute about 70 per cent of SEZ exports and count the United States among top importers; this compares with Rs 6,157.11 crore in the same period last year. The SEZ covers 572 hectares in Pithampur and houses 59 manufacturing units, 22 of which are pharmaceutical.Press 'Enter' after typing page number.