FTWZ
FTWZ (Free Trade and Warehousing Zones) is a policy of the Government of India (GoI). It was announced in the Foreign Trade Policy 2004-09 to set up Free Trade and Warehousing Zones (FTWZ) to create trade-related infrastructure to facilitate the import and export of goods and services with the freedom to carry out trade transactions in free currency.
On June 23, 2005, the Parliament of India passed the Special Economic Zones Act 2005 and on February 10, 2006, Government of India notified Special Economic Zone Rules 2006. The Free Trade and Warehousing Zones (FTWZ) is a special category of Special Economic Zone and is governed by the provisions of the SEZ Act and the Rules.[1][2]
FTWZ is designated as a deemed foreign territory and are envisaged to be integrated zones and to be used as International Trading Hubs. FTWZs will be fully independent mega-trading hubs integrated with state-of-the-art warehouse and special storage infrastructure, Container Freight Stations, Environment friendly equipment, Rail sidings for hinterland connectivity, Commercial complexes for offices, Independent utility stations, banks, and insurance corporations added to recreational and eventual residential complex for the FTWZ workforce.[3]
List of Free Trade Zones
- OSV FTWZ, Noida, Mumbai, Chennai, Mundra-A Unique combination of FTWZ, International Logistics (Catering from/to192 countries), Customs Clearance, Transportation & 3PL all under one roof.
- Siddhartha Logistics FTWZ Pvt Ltd.- A best foreign trade company with excellence in Free Trading and business development services. All the services like 3PL, free trade warehousing (pan India), transportation and handling with best technically sound team with best material handling equipment.
- AMRL SEZ and AMRL FTWZ, Nanguneri, Tirunelveli, Tamil Nadu[4]
- Arshiya International Ltd, India's first fully functional and operational FTWZ.
- Inspira Pharma and Renewable Energy Park, Aurangabad, Maharashtra, India
- Sricity Multi product SEZ, part of Sricity which is a developing satellite city in the epicentre of Andhra Pradesh & Tamil Nadu, India
- Kandla Trade Free Zone, India
- Kandla Free Trade Warehousing Pvt. Ltd. (KANDLA FTWZ)
- Free Trade Warehousing Private Limited (FTWPL)
- Balaji Infra Projects Limited (BIPL)
- FAB City SPV, India
- LMJ Warehousing, Gujarat
- Jafza Chennai Business parks, Gujarat
- Shipco Infrastructure, Karnataka
- Chiplun Infrastructure Private Limited
- DLF Universal
- Jhunjhunwala Vanaspati
- MIMCO DFS INDIA,375,Silver Oak Road, Sector 43, SEZ, Sathyavedu P.O, Sri City, Andhra Pradesh 517588
- Kerry Indev Logistics Private Limited - FTWZ Mundra, Gujarat 370405
References
- "Archived copy" (PDF). Archived from the original (PDF) on 2011-07-11. Retrieved 2009-06-01.CS1 maint: archived copy as title (link)
- "Archived copy" (PDF). Archived from the original (PDF) on 2010-01-03. Retrieved 2009-06-01.CS1 maint: archived copy as title (link)
- "AMRL". www.amrlsez.com. Retrieved 2017-09-06.
6. OSV FTWZ -Noida, Mumbai, Chennai, Mundra-OnnSynex Ventures Pvt. Ltd.