FTWZ

FTWZ (Free Trade and Warehousing Zones) is a policy of the Government of India (GoI). It was announced in the Foreign Trade Policy 2004-09 to set up Free Trade and Warehousing Zones (FTWZ) to create trade-related infrastructure to facilitate the import and export of goods and services with the freedom to carry out trade transactions in free currency.

On June 23, 2005, the Parliament of India passed the Special Economic Zones Act 2005 and on February 10, 2006, Government of India notified Special Economic Zone Rules 2006. The Free Trade and Warehousing Zones (FTWZ) is a special category of Special Economic Zone and is governed by the provisions of the SEZ Act and the Rules.[1][2]

FTWZ is designated as a deemed foreign territory and are envisaged to be integrated zones and to be used as International Trading Hubs. FTWZs will be fully independent mega-trading hubs integrated with state-of-the-art warehouse and special storage infrastructure, Container Freight Stations, Environment friendly equipment, Rail sidings for hinterland connectivity, Commercial complexes for offices, Independent utility stations, banks, and insurance corporations added to recreational and eventual residential complex for the FTWZ workforce.[3]

List of Free Trade Zones

FTWZ- India

  • Serama Logistics Pvt. Ltd. - Serama Logistics Pvt. Ltd is the leading and established Free Trade Zone and Integrated Logistics Solution Provider in India. Founded in 2014 by team of logistics and supply chain professionals with vast experience in this field backed by a team of world class IT, Very sound finance & state of the art Infrastructure. They provide their customers, trading and manufacturing partners with a comprehensive, cost effective and reliable range of Logistics Solutions, Freight Forwarding, and Multi-Model transport services to and from India. Professionals with experience and proven track records in creating new concepts and customised solution designing and implementation as per customer requirement will give Cost-effective logistics solutions with time saving to all their valued clients. Their services include Free Trade Warehousing Zone, Freight Forwarding, Multi-Modal Transportation, 3PL/4PL Warehousing and Distribution, In-Plant Logistics, Custom Clearance, Logistics, Compliance Management, Value Added Services, Distribution Hub, VMI Model, BMI Model, SMI Model, Online Trading, Duty Free Import, Cold Storage, Demurrage Free, Detention Free, Easy Documentation, and Project and Break Bulks. They have presence across India, headquartered in Chennai, Tamil Nadu and branches in Bengaluru, Hyderabad, Mumbai, Mundra, Kandla, Kanpur and Delhi NCR

References
  2. "Archived copy" (PDF). Archived from the original (PDF) on 2011-07-11. Retrieved 2009-06-01.CS1 maint: archived copy as title (link)
  3. "Archived copy" (PDF). Archived from the original (PDF) on 2010-01-03. Retrieved 2009-06-01.CS1 maint: archived copy as title (link)
  4. "AMRL". www.amrlsez.com. Retrieved 2017-09-06.
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