Surat Apparel Park
Surat Apparel Park is a Industrial Park located in Vanz, Surat, India, regulated by the Gujarat Industrial Development Corporation (GIDC).
Key Facts
| Type | Industrial Park |
|---|---|
| Location | Vanz, Surat, India |
| Area | 120 hectares |
| Companies | 160 |
| Governing Authority | Gujarat Industrial Development Corporation (GIDC) |
| Status | active |
Investment Incentives
100% Income Tax exemption on export income for SEZ units for the first 5 years, 50% for the next 5 years, and 50% of ploughed back profit for the subsequent 5 years under Section 10AA of the Income Tax Act, Duty-free import/domestic procurement of goods, Exemptions from customs duties, excise duties, and GST (zero-rated supplies), Simplified clearances
Sector Focus
Surat Apparel Park hosts businesses specialising in Apparel and Textiles.
About Surat Apparel Park
The Surat Apparel Park, located in Vanz, Sachin, Surat, India, is a Special Economic Zone (SEZ) developed as a joint project between the Union textiles ministry and the Gujarat government. It is designed to promote manufacturing and export in the apparel and synthetic textile sectors. The park, developed by GIDC, offers 100 plots of 1,100 square meters each and aims to generate significant employment.
Frequently Asked Questions
What type of zone is Surat Apparel Park?
Surat Apparel Park is a Industrial Park.
Where is Surat Apparel Park located?
Surat Apparel Park is located in Vanz, Surat, India.
Who regulates Surat Apparel Park?
Surat Apparel Park is regulated by the Gujarat Industrial Development Corporation (GIDC).
What sectors operate in Surat Apparel Park?
Surat Apparel Park hosts businesses in Apparel and Textiles.
What are the investment incentives at Surat Apparel Park?
100% Income Tax exemption on export income for SEZ units for the first 5 years, 50% for the next 5 years, and 50% of ploughed back profit for the subsequent 5 years under Section 10AA of the Income Tax Act, Duty-free import/domestic procurement of goods, Exemptions from customs duties, excise duties, and GST (zero-rated supplies), Simplified clearances