Current Affairs Exam

Gujarats exports from SEZs surge 20% in May

The cumulative exports from Gujarats functional special economic zones (SEZs) surged 20% to Rs 18,441 crore in May this year from Rs 15,418 crore in the preceding month of April, according to government data.

Increase in exports ofpetroleum,pharmaceutical and chemical productspushed up the overall exports from the 20 SEZs operational within the state.

The exports from Reliance SEZ increased by 36% from Rs 10,203 crore in April to 13,869 crore in May. During the same period, Zydus SEZ, which is a pharmaceutical SEZ, saw its exports grow from Rs 396 crore to Rs 443 crore, while Dahej SEZs exports moved up from Rs 585 crore to Rs 757 crore.

However, exports from GIFT and TCS SEZs located inGandhinagaras well as Surat SEZ in Surat and Sterling SEZ in Bharuch witnessed a declined in May on month-on-month basis, the government data further showed.

On year-on-year basis, the cumulative exports jumped 143% due to low- as the exports remained muted at Rs 7,594 crore in May last year due to lockdown-induced disruptions.

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