VSEZ- Duvvada

A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign direct investment by foreign investors, typically an international business or a multinational corporation (MNC).

Visakhapatnam, "the city of destiny,"  is one of the fastest growing cities in India. The city is strongly build with many industries like, Port and Shipping, Oil Refinery, Steel, Fertilizer and Heavy Engineering to name a few.
VSEZ (Visakhapatnam Special Economic Zones) Duvvada has many companies, presntly Worldwide Diamond Mfrs. Pvt. Ltd, XINTHE TECHNOLOGIES PVT LTD, FINSOL CONSULTANCY PVT LTD, Cornileus Pharmaceuticals (P) Ltd, Dr.Reddy’s Laboratories Ltd, NITIN CYLINDERAS LIMITED , M/s. Lee Pharma Limited , M/s.MDL TECHNOLOGIES INDIA PVT LTD, Biomax Fuels Ltd and lot more coming.

Advantages of VSEZ:- 

1. High quality infrastructure at affordable rentals with initial concessions
2. Action oriented, responsive and export-friendly administrative set up
3. On-line services for all clearances/permissions
4. Strategically located - Easy accessibility to South and South East Asian countries
5. Strong industrial base and productive workforce
6. Readily available skilled workforce at reasonable wages
7. High quality and low cost social infrastructure
8. Well connected by rail, road and air to rest of the country
9. In-house customs facility for quick and easy clearances

For more information on how to start a company in Vizag, Click Here.