Nagpur: The unit in Mihan-Sez has registered export growth during the financial year 2020-21 in the middle of Covid Gloom.Ini nicknamed the largest multi-product seg in the country, has units of manufacturing.
The unit has grown by 35% at RS1.421 Crore and software exports up 21% at RS1.215 Crore.
But in terms of dollars, the growth rate reaches 28% for manufacturing goods and 15% for software.
The difference is caused by variations in exchange rates, explaining the source.
Exports in dollars stand at $ 192 million for manufacturing goods, and $ 164 million for software, according to official data shared with TOI.Sources said that the main export driver was pharmaceutical.
and the flight sector.
Lupine Pharma has a unit at SEZ.
Pharmaceutical export growth cannot be associated with a pandemic because lupine units here mainly produce non-covid drugs.
Tasa Tasas, who made a plane part, is also a major contributor along with the Dassault Reliance Aerospace Limited (DRAL).
Mihan-sez has six types of industries that include IT / ITSES, pharmaceutical, food processing, gems & jewelry, and manufacturing.
Recently, the Development Commissioner Office also approved the three-company application to establish a unit in Mihan-Sez.
These include the persistent M / S system, KS technology and SONY POLYMERS.V SRAMAN, Development Commissioner (DC) for Mihan-Sez told TOI that they had also received proposals from the company to start independent logistics services.
“The idea is to spread one plane and aggregate exports to be further flown to their respective goals.
The proposal comes from the Malaysian business entity.
The same aircraft can also carry domestic cargo too,” said Sraman.Sraman said the proposal was expected to be realized on Time.
The Office of the Development Commissioner also promotes the concept of free trade trade zone (FTWZ), which is the designated area.
where goods can be traded by exporters.
Here, local exporters can also provide their goods and trade.
Even importer can keep their belongings here.
“There is FTWZ in another else, and is expected to bring the main Fillip for Mihan too,” said Sraman.Sraman said that the idea was being promoted because several businesses had shown interest in establishing FTWZ.
The DC office encourages the idea of FTZW in Mihan because it will not only increase exports but also help local exporters.
At present, Mihan has 25,000 employees who are directly involved in the units here.
In an export-export of manufacturing items in 2019-20 in RS1,045 Crore- at 2020-21, it reached RS1.421 Crore-in the term dollar, it was $ 149 million and $ 192m – in 2019 -20, software exports stand at RS997 Crore – it grows by RS1215 Crore at 2020-21 – each comes to $ 142 million and $ 164m
Mihani Sez Unit registered export growth in the middle of Lull Covid
