Where was India’s first Export Processing Zone (EPZ) established in 1965 ?
Kandla
India set up its first Export Processing Zone at Kandla in the Kutch district of Gujarat in 1965. It was also the first such zone anywhere in Asia.
Kandla was chosen because it already had a major port built after Partition to replace Karachi, so exporters had ready sea access. The zone offered duty-free import of inputs and a single-window clearance so that units could manufacture purely for export.
Of the other places named, Mormugao and Cochin are ports and Cochin received an EPZ only later, in 1984, while Mundra developed as a private port and SEZ decades afterwards.
Hence, the answer is Kandla.
Which ‘Ratna’ status has been granted to Bharat Sanchar Nigam Limited (BSNL) by the Government of India under the classification of Central Public Sector Enterprises ?
The share of the tertiary sector to the GDP has increased but the contribution of which sector to employment is the highest at present?
FPI consists of securities and other financial assets passively held by foreign investors. What is the full form of FPI?
Prior to the country’s independence, India was particularly known for its ____________ industries.
Which of the following is in the list of Maharatna Central Public Sector Enterprises?
What is power, the most visible form of energy, which is often identified with progress in modern civilization, commonly called?