FTWZ - would be a special category of special economic zone (SEZ's) with clear focus on “Trading and warehousing”- (Governed by the SEZ Act 2005 & SEZ rules 2006). Creation of FTWZs in INDIA would aim to create INDIA as a global trading-hub by carrying out trade transaction in free currency for its Import and Export of goods & services.
BENEFIT OF KerryIndev – FTWZ
- Hassle Free Import, Re-export.
- Multi Product / Multi-Vendor platform.
- Freely Convertible Currency Trading module.
- Pre-quality Inspection for Import / Export.
- Multilevel Value added Services.
- Proximity to international Airport, Seaport.
- 24X7 Customs Operations on need basis.
- Duty Deferment up to 5 years for products requiring longer storage time.
- State-of-art warehouse with modern equipment's and efficient IT systems.
VALUE ADDED SERVICES (VAS) WITHIN KerryIndev - FTWZ
- Customs declaration & management.
- Transportation: Road, Rail & Air.
- Reverse logistics (Includes: repairs & Re-furbishing).
- Purchase Order & Inventory Management.
- Temperature Controlled & Strong Room Chambers.
- Warehouse Management System (WMS).
- Quality Control (QC) checks.
- Assembly of CKD and SKD kits.
- Pick & Pack, Kitting & Re-packing.
- Bar-coding. Labeling & Re-Labeling.
- Cutting, Blending & Polishing.