look news india
A wonderful news has emerged from the business and economic scenario of Eastern India making the country proud. Falta Special Economic Zone (Falta SEZ), under the Ministry of Commerce and Industry of the Central Government, has achieved such a historic and remarkable success in terms of trade, foreign investment and employment generation during the last 12 years that has surprised everyone. During a grand press conference held at Kolkata Press Club, Falta SEZ Development Commissioner Deen Bandhu Singh released the official figures of this wonderful development journey. He proudly informed that by the end of the financial year 2025-26, the total exports of this Special Economic Zone have crossed Rs 85,093 crore, creating a new all-time high record, which is almost eight times more than the figures of 2014-15.
Bumper success on employment front, jobs increased from 49 thousand to 1.25 lakh
The most direct and biggest benefit of this unprecedented industrial progress of Falta SEZ has been received by the general public in the form of employment. According to the official report, in the last 12 years, the direct and indirect employment opportunities available under this zone have increased more than two and a half times from 49,879 to 1,23,829. Along with this, the confidence of domestic and global industrialists on this special economic zone has also strengthened significantly. This is the reason that within the same period, the total capital investment in this special economic zone has now reached a huge level of Rs 45,331 crore with a three-fold jump, leaving the figure of Rs 15,563 crore far behind.
Bumper boom in both goods and service sectors, IT and electronics played the main role
Giving a detailed account of this economic progress, Development Commissioner Deen Bandhu Singh clarified that in this historic leap, both Goods Export and Service Export have played an equal and important role. Goods exports under SEZs, which earlier were just Rs 2,592 crore, have now increased manifold to reach a peak of Rs 53,439 crore; On the other hand, due to the strength of the IT sector, service exports have also increased from Rs 7,877 crore to Rs 31,654 crore. In making this unprecedented and all-round development possible, important industrial sectors of the country like core engineering, textile industry, advanced chemicals, leather industry, food processing, electronics, precious gems and jewelery and especially IT-ITeS have played the biggest and central role.
Hi-tech semiconductor manufacturing hub to be built in Odisha, master plan ready till 2030
Falta SEZ is now taking rapid steps towards strengthening and modernizing its geographical and technological scope. Under this far-reaching vision, a very modern and new ‘Semiconductor Manufacturing SEZ’ has received official approval from the Central Government in Odisha, the state under the jurisdiction of this SEZ. With the start of this new high-tech project, it is expected that by the coming year 2030, the country will get additional exports of about Rs 1,250 crore from this one unit alone, while along with this, more than 250 highly-skilled people will get excellent employment opportunities in the initial phase itself.
Falta SEZ has become the economic lifeline of Eastern India, giving impetus to the development of these states.
At present, there are a total of 55 approved industrial units under the vast network of Falta SEZ, out of which 42 units are being successfully operated at full capacity. Covering the vast trade area of West Bengal, Odisha, Jharkhand, Bihar, Sikkim and the entire North-Eastern States, this SEZ has today emerged as the most prominent and strong powerhouse of export-led economic growth within Eastern India. This spectacular success of this zone is not only strengthening the Make in India vision at the global level, but is also paving the way for Eastern India to become a major growth engine of the country’s GDP in the future.
