Impressive show by SEZ during pandemic time
The Hindu
Its exports stood at ₹653 crore during 2020-21; labour shortage hits granite sector hard
The building material Special Economic Zone in Prakasam district has logged an impressive performance in the just-concluded fiscal, successfully adapting itself to the new normal during the COVID-19 pandemic times. The SEZ exported processed natural stone material and artificial stone material worth ₹653 crore during 2020-21 against ₹446 crore the previous year, thanks to the rise in global demand for the products, sources in the APIIC said. On the other hand, the import of capital goods during the period came down by 46% to ₹46 crore. The import of raw material for processing went up from ₹60 crore to ₹82 crore during the period.
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