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Free Trade and Warehousing Zone

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With the improved Foreign Trade Policy 2004-09, the Government of India allows the setting up of trade zones that provides the freedom of trading in free foreign currency. This will increase the import and export of goods and services.
The FTWZ or Free Trade & Warehousing Zones are the deemed foreign territory in India, which serves as the sub-section of Special Economic Zone. It is a sanitized area specially allotted as foreign territory to carry out business. These zones are conceived as International Trading Hubs, that serves as key link between logistic and global supply chains.
The FTWZ zones are provided with world class infrastructural support for:

  • Warehousing of different types of products
  • Handling and Transportation Equipment
  • Commercial space for office
  • All necessary requirements are available such as telecommunication facility, power facility, water supply and many other facilities
  • These zones serves as single stop for the clearance of imported and exported goods

Advantages:
  • It creates an export oriented zone
  • Increases the inflow of Foreign Direct Investment
  • Increases the employment possibilities
  • Increase the competitiveness in industries
  • It boost the all-round economic activity
  • It facilitates the re-export of chemicals

The FTWZ reduces the custom clearance time and the connectivity with transportation facilities improved the delivery time.
The FTWZ provides:
  • Custom categorized warehousing facility for chemicals, food, electronics, oil and many other items
  • Freezer and cooler facilities
  • Break bulk, containerized and dry cargo storage facilities
  • Warehouses with humidity control
  • Well connected transportation facilities
  • Commercial office space
  • Other support facilities and amenities such as medical facilities, cafeteria services and others.

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