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The value of exports made from SEZs during each of last three years and the current year along with the percentage increase made over the previous year is as under:
Year | Value of Physical Exports from SEZs (Rs. Crore) | Growth Rate (over previous year) |
2005-06 | 22,840 | 25% |
2006-07 | 34,615 | 52% |
2007-08 | 66,638 | 93% |
2008-09 | 99,689 | 50% |
During the year 2008-09, India's total export registered a growth of 3.5% as compared to a growth of 29.1% during the previous year. The slow growth of export was primarily due to adverse impact of global slowdown on India's exports from the Second Half of the year.
This information was given by Shri Jyotiraditya M Scindia, Minister of State for Commerce & Industry, in a written reply in the Lok Sabha today.
Exports from Special Economic Zones show sustained growth, while national exports slowed due to global economic downturn. Exports from Special Economic Zones recorded marked year-on-year increases from 2005-06 through 2008-09, with annual values and growth rates set out for four consecutive years. The statement notes that overall national exports showed modest growth in 2008-09, attributing the slowdown primarily to adverse effects of the global economic downturn in the second half of the year, and was presented in a parliamentary written reply.Press 'Enter' after typing page number.