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Can anyone set up an EPZ/EOU?

April 26, 2017eou epz

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Can anyone set up an EPZ/EOU?

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R. Yes. An individual, partnership firm, Private Limited or Public Limited Companies can set up an EPZ/EOU. For most industries, the minimum export stipulated is US$ 1 million over a 5 year period or 3 times the imported value of CG. , whichever is higher. Special guidelines exist for sectors (Appendix -1). For an EOU, the policy stipulates a minimum investment of Rs.50 lakhs (agro-based industries are exempted), and a 5 year lease if the land is not owned by entrepreneur or on Govt. Lease. Prohibited items are not allowed to be imported, manufactured or exported.