Indore SEZ
Indore SEZ is a Special Economic Zone located in Pithampur, India, established in 2003, regulated by the Development Commissioner, Indore Special Economic Zone, Department of Commerce, Ministry of Commerce & Industry, Government of India; M. P. Industrial Development Corporation Ltd..
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Pithampur, India |
| Year Established | 2003 |
| Area | 1000 hectares |
| Companies | 33 |
| Governing Authority | Development Commissioner, Indore Special Economic Zone, Department of Commerce, Ministry of Commerce & Industry, Government of India; M. P. Industrial Development Corporation Ltd. |
| Status | active |
Investment Incentives
100% Income Tax exemption on export income for first 5 years, 50% for next 5 years under Section 10AA of Income Tax Act, exemption on customs duty on imported raw materials, machinery, and equipment, duty-free import/domestic procurement of goods for development, operation, and maintenance of SEZ units, exemption from stamp duty on transactions and transfers of immovable property within the Zone, exemption from Service Tax for authorized operations
Sector Focus
Indore SEZ hosts businesses specialising in Manufacturing and Services.
About Indore SEZ
Indore Special Economic Zone (SEZ) is India's only Green Field multi-product SEZ, operational since August 15, 2003, and spanning over 1100 hectares in Phase I & II. It is strategically located adjacent to the Pithampur/Kheda industrial growth complex, near Indore, the commercial capital of Madhya Pradesh. The zone serves as a growth engine to boost manufacturing, augment exports, and generate large-scale employment, treating supplies into it as exports and from it as imports for trade operations, duties, and tariffs.
Frequently Asked Questions
What type of zone is Indore SEZ?
Indore SEZ is a Special Economic Zone.
Where is Indore SEZ located?
Indore SEZ is located in Pithampur, India.
When was Indore SEZ established?
Indore SEZ was established in 2003.
Who regulates Indore SEZ?
Indore SEZ is regulated by the Development Commissioner, Indore Special Economic Zone, Department of Commerce, Ministry of Commerce & Industry, Government of India; M. P. Industrial Development Corporation Ltd..
What sectors operate in Indore SEZ?
Indore SEZ hosts businesses in Manufacturing and Services.
What are the investment incentives at Indore SEZ?
100% Income Tax exemption on export income for first 5 years, 50% for next 5 years under Section 10AA of Income Tax Act, exemption on customs duty on imported raw materials, machinery, and equipment, duty-free import/domestic procurement of goods for development, operation, and maintenance of SEZ units, exemption from stamp duty on transactions and transfers of immovable property within the Zone, exemption from Service Tax for authorized operations