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Falta Special Economic Zone : it's contribution in the overall socio-economic development of the region
BUSINESS ECONOMICS
|March 1-31, 2025
Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ. Falta Special Economic Zone (earlier Falta Export Processing Zone) was set up by the Department of Commerce, Government of India in 1984. The Zonal Office of Development Commissioner, Falta SEZ has jurisdiction over the 12 states of West Bengal, Odisha, Jharkhand, Bihar, Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim. BE spoke to Deen Bandhu Singh, Development Commissioner, Falta Special Economic Zone about the current scenario and the impact of the Falta SEZ.
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Q. How is Falta SEZ ideal for domestic and foreign investors and investments?
Falta Special Economic Zone is spread over 280 acres of land in the District of South 24 Parganas, West Bengal, in a pollution-free sylvan environment, about 55 kilometres from Kolkata city.
It is connected by a two-lane National Highway No. 117. Diamond Harbour Railway Station is the nearest railway station, about 19 km from the SEZ. Kolkata and Haldia are the closest seaports, at about 46 km and 48 km, respectively. The nearest airport is the Kolkata Airport, located 65 km from Falta.
The following facilities are readily available in the Zone:
a) FSEZ offers a truly supportive environment by providing simplified procedures. This is especially so in the clearance of matters relating to industrial approval, foreign collaborations etc., under a single-window clearance system.
b) Facilitation and documentation services: The office of the Development Commissioner serves as the single-window office for all the routine requirements of the units in the zone, including customs.
c) Industrial sheds (area 6,500 sq.mt.) and Standard Design Factory (SDF) buildings (area 15,570 sq.mt.) are available at very low lease rent.
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