Indore SEZ exports surge 32 percent on strong pharma demand
Indore: In a major boost to Madhya Pradesh's industrial momentum, exports from the Indore Special Economic Zone (SEZ) soared 32 percent in the first seven months of the ongoing financial year, touching Rs 8,127.67 crore, officials has said.
According to an official from Union Ministry of Commerce and Industry, the Indore SEZ saw a sharp rise in exports between April and October. This marks a significant jump from Rs 6,157.11 crore recorded during the same period last year.
The has been driven primarily by increased orders from pharmaceutical units.
"About 70 per cent of exports from the Indore SEZ are pharmaceuticals, and the United States is among the top importers of these drugs," the official said.
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