General Knowledge - Famous Places in India - Discussion
Discussion Forum : Famous Places in India - Section 1 (Q.No. 24)
24.
'Kandla' is situated on the Gulf of Kachh is well known for which of the following?
Discussion:
3 comments Page 1 of 1.
DEVJANI BOSE said:
1 decade ago
A free trade zone (FTZ) or export processing zone (EPZ), also called foreign-trade zone, formerly free port is an area within which goods may be landed, handled, manufactured or reconfigured, and re exported without the intervention of the customs authorities. Only when the goods are moved to consumers within the country in which the zone is located do they become subject to the prevailing customs duties.
(1)
Satya Pathak said:
9 years ago
Kandla is the first Export Processing Zone in India. It's India's hub for exporting and importing and one of the highest earning ports in the country.
(1)
Mahantesha said:
7 years ago
Thank for explaining the answer.
(1)
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