SEEPZ - Profile

Profile

More than 150 units operate in SEEPZ. Prominent companies that have offices within Seepz include: Core Jewellery, Navteq, Renaissance Jewellery Ltd, GoldStar Jewellery Pvt. Ltd, Gitanjali Gems Ltd, Vaibhav Gems Ltd, D’damas for Jewelry. IT Companies include Blue Star Infotech Ltd, Praxis Interactive Services Ltd, CGI Group Inc., Thirdware, iGATE Computer Systems, Tata Consultancy Services, Geodesic Limited, Trigyn Technologies Limited, Syntel Limited, Datamatics Global Services Limited etc., buildings in SEEPZ are called Standard Design Factories (SDF).

The SEZ is a high security entry zone. Employees of various companies need to have permanent SEEPZ gate pass to gain entry. Visitors need special permits to enter. Due to these hassles government proposed making SEEPZ a Free Trade Zone(FTZ) in 1999. However, gate pass and visitor pass rules continue till date. Making SEEPZ a FTZ meant that it would be treated as outside the customs zone of India. This meant no excise or customs duty will be levied on raw material but companies would also not be able to sell their products in domestic market. There are also Hotels like Indian Coffee House which is quite popular.

Read more about this topic:  SEEPZ

Famous quotes containing the word profile:

    Expecting rain, the profile of a day
    Wears its soul like a hat....
    John Ashbery (b. 1927)

    Actor: Electrician, a little more this way with that spotlight. What are you trying to do, ruin my profile?
    Electrician: Your profile was ruined the day you were born.
    James Gleason (1886–1959)

    Nature centres into balls,
    And her proud ephemerals,
    Fast to surface and outside,
    Scan the profile of the sphere;
    Knew they what that signified,
    A new genesis were here.
    Ralph Waldo Emerson (1803–1882)