Metals and Minerals Trading Corporation ltd (MMTC – A Government of India PSU) along with Infrastructure Leasing & Financial Services Limited (IL&FS) is developing the “Free Trade Warehousing Zone (FTWZ)” at Kandla (Gandhidham), Gujarat through a Special Purpose Vehicle “Kandla Free Trade Warehousing Private Limited” (KFTWPL).This Project is being developed on a 70 acre land within the operational Kandla Special Economic Zone (KASEZ). KANDLA FTWZ is a notified Free Trade & Warehousing Zone (FTWZ) under the SEZ Act/Rules 2005-2006 and designated as deemed foreign territory and are envisaged to be integrated zones used as International Trading Hubs. FTWZ will serve as : • Fully independent mega-trading hubs integrated with state-of-the-art warehouse and special storage infrastructure • Container Freight Stations • Duty Free stock yards for import cargo • Regional hub for supply chain network companies focused at India and South East Asia Markets • Cost effective storage solutions compared to locations like Jabel Ali, Fujirah and RAK. KFTWZ ADVANTAGES: • Export Benefit • Customs Duty Exempt • Service Tax Exempt • Duty Free Storage of Imported Goods • CST/VAT exempted • 100% FDI permitted • Sales into DTA • 24*7 Customs • Forex Transaction.
