ACHIEVING NEW HEIGHTS
Promotion Council for EOUs & SEZs (EPCES) and leading Apex Industry body, The Associated Chambers of Commerce & Industry of India (ASSOCHAM) today inked a Memorandum of Understanding (MoU) in New Delhi.
As per the Mo U, both ASSOCHAM and EPCES would collaborate together to actualize a shared agenda consisting of wide ranging activities of mutual benefits. These are some of the win wins, the newly signed MoU would seek to achieve for both the organisations.
Under the MoU, the major areas identified for mutual win wins include, sharing common information relating to the SEZs & EOUs businesses, collectively organising events both in India and beyond, for optimum costing, better visibility for its members. Besidesthat, jointly entering trade delegations to various countries for wider reach and awareness about the EOUs & SEZs in India and making efforts to rope in international investors into Indian SEZs&EOUs.
The SEZ sector in the country registered a growth of 23per cent in exports inJanuary 2018vis-a-vis the same period in 2017, for FY 2017-18,registered a growth of 16 per cent over the preceding year.
Speaking on the occasion, Dr. Vinay Sharma, officiating chairman, EPCESsaid, "There has long been a need felt to effectively tap the benefits of the already existing synergies between EPCES and ASSOCHAM - the two leading industry bodies ofthe country. And in this regard, I am fully confident that the agreement signed today would henceforth playa catalytic role in furthering this shared vision of the two organisations."
"Going forward, I am certain that the benefits envisioned under the MoU would act as an effective springboard, adding further impetus to the efforts of all of our 6,000EOUs/ SEZ Units/ SEZ Developers spread across the country," said Dr. Sharma.
"In terms of exchange of informa tion, formulating mutually beneficial win-wins and facilitating each other's business interests in respective domains, the new association would be instrumental in accelerating the growth of the SEZ/EOU fraternity in the country," he added.
Mr. D. S. Rawat, Secretary General, ASSOCHAM said, "Apart from a focus on fostering conducive environment for the growth of trade and industry of India, one of the important goal of ASSOCHAM has always been to promote international trade, reduce trade barriers, raise concerns of exporting fraternity at all appropriate fora, and for all such cases."
"With EPCES on board now, we believe, the voice of the SEZand EOU sector is set to not only get more powers but added leverage and recognition among policy circles in the coming days," said Mr. Rawat.
Mr. D. S. Rawat, Secretary General, ASSOCHAM and Dr. Vinay Sharma, Chairman, EPCESwith senior members of ASSOCHAM at a MoU signing ceremony held in New Delhi.