Free Trade and Warehousing Zones (FTWZ) are special economic zones that are designated by the Indian government for the purpose of promoting exports and facilitating trade. These zones are also known as Free Trade Zones or Special Economic Zones.
These zones offer various benefits to the companies such as exemption from various taxes, simplified procedures for imports and exports, access to high-quality infrastructure facilities, and the ability to maintain inventory without paying any duty.The FTWZ provides companies with a complete logistics solution by integrating various services such as storage, distribution, packaging, labeling, and transportation. Overall, FTWZs provide businesses with a range of benefits that can help them reduce costs and increase competitiveness in the global market.
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