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What is EOU --Export Oriented Unit--?

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/10/10
padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

it is a export only production unit with international competitiveness, duty free and infrastructure facilities to promote export business.The objective of the unit is to earn foreign exchange and technology transfer.

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

Export Oriented Units (EOUs) The Export Oriented Units (EOUs) Scheme is complementary to the SEZ scheme which was introduced in early1981. It adopts the same production regime but offers a wide option in locations with reference to factors like source of raw materials, ports of export, hinterland facilities, availability of technological skills, existence of an industrial base and the need for a larger area of land for the project.2037 units were in operation under the EOU scheme as on31st March,2006.

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