Introduction to Economic Zones
“Export else
perish “these are the words of first Prime Minister of India Pt. Jawaharlal
Nehru. India being a continent like country having 30 states, more than 1000
languages and world second largest man power having diversified natural
conditions right from Rain Forests of Kerala, Ice Mountains of Himalaya, Runn
of Kuch to productive land of Bramahaputra has great potentials of world class
export worthy products from various industries like Agriculture, Engineering,
Chemicals, Software’s, Gems and Jewelry, Pharmaceuticals, Bio technology and
many more.
During last
fifty years, mostly ours exports have been less than our imports and the balance
of trade been unfavorable. In 1990-1991 India had faced real pressure on the
balance of payment. During this period, exports had stagnated and there was a
crisis in foreign reserves which lead to an emergency in India.
