banking
overview
| news
| basics
|
lendings
|advanced banking
| products
| IT
in banking
articles
& policies |
banking software|
deposits|
bank directory|
internet banking|
bank results|
banking & you
Click for "Policy Guidelines"
Click for "Features on Banking"
Click for "Daily News"
10. Free Trade and Warehousing Zone:
Foreign Trade Policy 2004-09
(i) A new scheme to establish Free Trade and Warehousing Zone has been introduced to create trade-related infrastructure to facilitate the import and export of goods and services with freedom to carry out trade transactions in free currency. This is aimed at making India into a global trading-hub.
(ii) FDI would be permitted up to 100% in the development and establishment of the zones and their infrastructural facilities.
(iii) Each zone would have minimum outlay of Rs.100 crores and five lakh sq. mts. built up area.
Units in the FTWZs would qualify for all other benefits as applicable for SEZ units.
<<<< Back to Main Page of Foreign Trade Policy 2004-09
about us | contact us |
associate | terms of use | disclaimer
©copyright banknetindia.com All rights reserved worldwide.