Cochin Special Economic Zone

Cochin Special Economic Zone
Company typeGovernment owned
IndustryMulti-product industrial park
GenreInfrastructure service provider
Founded1984
Headquarters
Kochi
,
India
Number of locations
160+
OwnerGovernment of India
Number of employees
15,000+
Websitewww.csez.com

The Cochin Special Economic Zone (CSEZ) is a multi-product special economic zone located at Kochi, Kerala. It is established in an area of 41.7 hectares (103.0 acres) in Kakkanad.

It is a multi-product zone, with industrial units operating in Electronics Hardware, Engineering, Gem & Jewellery, IT & ITES, Agro & Food Processing, Textile & garments, Plastic & Rubber etc. Currently it has around 160 units operating employing more than 15,000 people.[1] In FY2011-12, the total exports from the zone stood at ₹ 29,961 crore, recording a 63% rise in exports compared to the previous financial year.[2]

For the current financial year 2012-13, as on 30 September 2012, the total exports from CSEZ stand at ₹ 16,306 crore, ranking it the third among SEZs in the country.[3]

CSEZ was originally started as one of the first Export Processing Zone in India, and was later converted into a Special Economic Zone in 2003, when that system was introduced.[4] It is operated by the Government of India, Ministry of Commerce, under the CSEZ Authority, and headed by a Development Commissioner. It is the first integrated industrial park in Kerala.

The land area of the existing zone in Kochi has been fully utilized for ir.[5] As part of expansion of CSEZ, a proposal to set up phase II of the Zone in 125 acres of land adjacent to the Info park in Cherthala has been mooted.[6]

  1. ^ Cite error: The named reference CSEZ was invoked but never defined (see the help page).
  2. ^ Cochin SEZ beats recession
  3. ^ Exports from SEZs established by Central Government
  4. ^ "Notification No. 48/2003 - Customs (N.T.)". Govt of India. Retrieved 18 November 2010.
  5. ^ "Economic Review 2009, Chapter 8" (PDF). Kerala Planning Board. Archived from the original (PDF) on 16 August 2010. Retrieved 20 November 2010.
  6. ^ Cochin SEZ to help set up new zones