24th February, 2003
Ministry of Commerce & Industry  


NEW EPC FOR EOUs, SEZs SET UP


A separate Export Promotion Council for Export Oriented Units (EOUs) and Units of Special Economic Zones (SEZs) has been set up to enhance exports from this sector. The EPC will function as an approved trade body like other Export Promotion Councils and will facilitate functioning of units of this sector. As on 31/03/2002, a total number of 1621 EOUs and 639 units in SEZs were functioning in the country. The total value of export during the year 2001-02 for EOUs was about Rs. 18, 745 crore and that for SEZs Rs. 9190 crore, which constituted 9% and 4.24% of the country’s total export respectively. This was indicated by Shri Rajiv Pratap Rudy, Minister of State for Commerce & Industry, in a written reply in the Rajya Sabha today.