Written by Kamaal Saiyed | Surat |
September 24, 2020 6:06:39 am
Local laws and taxes do not apply in the SEZ, favouring businesses. (Representational)
Jewellery manufacturers from Mumbai have been making a beeline to Surat Special Economic Zone (SurSEZ) in Sachin area of the diamond city to set up shop or expand their business, thanks to the availability of labour and the diamond bourse coming up at Khajod area.
Four diamond jewellery manufacturers have shifted to SurSEZ, Sachin, from Mumbai since February, even after the Covid-19 outbreak. According to officials, since April 2019, 22 new units started operations in the SurSEZ, of which 18 are diamond jewellery firms of Mumbai, the rest being from Surat.
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