Surat SEZ lures Mumbai jewellery businessmen with its labour force and an upcoming bourse
(WorldNews India)

Jewellery manufacturers from Mumbai have been making a beeline to Surat Special Economic Zone (SurSEZ) in Sachin area of the diamond city to set up shop or expand their business, thanks to the availability of labour and the diamond bourse coming up at Khajod area. Four diamond jewellery manufacturers have shifted to SurSEZ, Sachin, from Mumbai since February, even after the Covid-19 outbreak. According to officials, since April 2019, 22 new units started operations in the SurSEZ, of which 18 are diamond jewellery firms of Mumbai, the rest being from Surat. Local laws and taxes do not apply in the SEZ, favouring businesses. Sources at the SEZ said the unit owners get exemption on import duty...