May 17, 2008

SEEPZ

Subjected to liberal economic laws, SEEPZ - special economic zone in Mumbai is situated in Andheri east area. The goal is to attract foreign investments and technology by providing tax and business incentives. It was created in 1973.

SEEPZ mainly houses software companies and jewellery exporters in India. More than 40% of India's jewellery exports in 2006-07 came out of SEEPZ.

SEEPZ stands for Santacruz Electronics Export Processing Zone. Patni Computer Systems and Tata Consultancy Services (TCS) have buildings in SEEPZ.