final ssi ppt
DESCRIPTION
making of jewllery &diamonds in seepzTRANSCRIPT
Export Oriented SSI Units
EXPORT ORIENTED UNIT
Definition:
“An industrial undertaking in which the investment in
fixed assets in plant and machinery whether held on
ownership terms or on lease or by hire purchase does not
exceed Rs.100 lakhs and has an obligation to export 30% of
production.”
Export Contribution
45%-50% of the Indian Exports is contributed by SSI Sector. Number of SSU that undertake direct exports is more than 5000.
SSI units contribute around 15% to exports indirectly through merchant exporters, trading houses and export houses.
They may also be in the form of export orders from large units or the production of parts and components for use for finished exportable goods.
Product % Share in total exports
Sports goods 100
Readymade garments 90
Woolen garments, knitwear 35
Processed foods 65
Marine products 29
Leather products 80
Plastic products 45
Cosmetic, basic chemicals &pharmaceutical products
55
Engineering goods 30
% Share of SSI in total exports
The opportunities in the small scale sector are enormous due to the following factors :
Less Capital Intensive
Extensive Promotion & Support by the Govt.
Finance & Subsidies
Machinery Procurement
Raw Material Procurement
Tools & Tools utilization support
Reservation for Exclusive Purchase by Government
Export Promotion
Growth in demand in the domestic market size due to overall economic growth
Increasing Export Potential for Indian products
About the Company:
Entered the diamond trade in1982 & are today creating every design-in-house.
Mission:Be present in every segment, using state of the art manufacturing techniques & creating exquisite designs ranging from traditional handmade to the most modern creations.
Revolutionize the concept in the state of the art jewellery by combining the finest diamonds and the personal touch of each of our craftsmen.
Vision:Create world class Diamond jewellery which is the perfect picture of the woman’s inner beauty.
Company Name : United Jewellers Mfg. Pvt. Ltd.Parent Company : Veekay DiamondsPerson Met : Mr Parvesh Mehta (Manager)
Mr. Satyaprakash (Production Manager)Address : 302, Block No.1, SEEPZ++, SEZ, Andheri (E)Tel. No. : 022-28290990Email : [email protected] : www.unitedjewellery.netImport Export Officer : Mr. Rajeshwar TiwariImporting Goods : Casting & Polishing Machine &
Diamond consumable goods.
Products Exported :
Ear-rings
Pendants
Rings
Bracelets
Necklaces
Full exemption from the Payment of central excise duty on a specified output and thereafter slab-wise concessions of certain specified items.
The pre-requisite for the eligibility for excise concessions was that SSI unit should be registered with the State Directorate of Industries or DC(SSI).
At-the time of obtaining the exemptions and concessions, the SSI unit is required to produce a certificate of registration from the respective Directorate of Industries or DC(SSI).
Concessions to SSI units in India
Concessions:
SSI units having turnover less than Rs.60 lakhs per annum need not have a separate storeroom for storing the finished products.
SSI units are required to pay duty on monthly basis instead of paying at the time of every clearance.
The exemption SSI units do not have to file any declaration.
The policy package provides for easier access to credit, availability of collateral free composite loans up to Rs.2.5 million capital subsidy for technology upgradation and improved infrastructure.
Concessions to SSI units in India
Presented by:Divya Alva 02Shailesh Gada 15Saneet Gurav 17Murtuza Kinariwala 27Trupti Nayak 37Chandrashekhar Upadhyay 56