How Will the NEST-02 Building and Customs Facilitation Centre Enhance India's Export Growth?
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Synopsis
The inauguration of the NEST-02 building and Customs Facilitation Centre marks a transformative moment for India's export sector, as Union Minister Piyush Goyal emphasizes the potential of modern infrastructure to enhance trade efficiency. Stakeholders are urged to leverage this opportunity for economic growth.
Key Takeaways
- The NEST-02 building and Customs Facilitation Centre aim to enhance India’s export growth.
- Modern infrastructure will improve ease of doing business.
- Support for the Aatmanirbhar Bharat vision is emphasized.
- Stakeholders are encouraged to leverage new opportunities.
- Efforts to create a transparent and efficient system are underway.
Mumbai, December 11 (NationPress) – India’s export landscape has received a significant uplift with the recent inauguration of the New Enterprises & Service Tower (NEST)-02 located in the SEEPZ SEZ of Mumbai, a key financial center in the country. Union Minister Piyush Goyal remarked that this new facility, together with the Customs Trade Facilitation Centre, represents a pivotal advancement in bolstering India’s export ambitions.
During the event, Goyal articulated that the sophisticated infrastructure at SEEPZ is set to enhance the ease of doing business for exporters significantly.
He emphasized that these new amenities are crafted to align with the Government’s vision of Aatmanirbhar Bharat, facilitating smoother operations, expedited clearances, and a more effective trade environment.
“Today, I spoke at the inauguration of SEEPZ SEZ’s New Enterprises & Service Tower (NEST)-02,” Goyal shared via a post on social media platform X.
He urged businesses and stakeholders to seize the myriad of opportunities presented by this enhanced infrastructure.
Goyal stated that India’s export momentum is on an upward trajectory, and such initiatives will play a crucial role in propelling economic growth as the nation strives to achieve the vision of becoming a Viksit Bharat by 2047.
The minister expressed his conviction that projects like NEST-02 will not only boost the performance of current exporters but also appeal to new enterprises to engage in India’s burgeoning global trade ecosystem.
“I encouraged stakeholders to embrace new and emerging opportunities, which will further invigorate India’s export momentum and contribute to our economic growth on the path to Viksit Bharat 2047,” Goyal added.
He further mentioned that “Cutting down electricity tariffs has saved us almost Rs 11–12 crore; now we need to establish a new standard of zero delays.”
Additionally, he insisted on imposing stringent penalties on contractors and architects responsible for any delays and encouraged the public to speak out against corruption, underscoring the necessity for a transparent and corruption-free system.
Point of View
The inauguration of the NEST-02 building and Customs Facilitation Centre is a significant milestone in India's journey towards becoming a major player in global trade. This initiative aligns with the government's vision of economic self-reliance and showcases a commitment to improving infrastructure that benefits exporters and the economy at large.
NationPress
13/12/2025
Frequently Asked Questions
What is the purpose of the NEST-02 building?
The NEST-02 building aims to enhance India's export ecosystem by providing modern infrastructure and a Customs Trade Facilitation Centre to support exporters.
How will NEST-02 improve ease of doing business?
NEST-02 will streamline operations, expedite clearances, and create a more efficient trading environment for exporters.
What is the significance of Aatmanirbhar Bharat?
Aatmanirbhar Bharat is a government initiative aimed at promoting self-reliance and enhancing the country's manufacturing and export capabilities.
What are the expected outcomes of these developments?
These developments are expected to drive economic growth, attract new enterprises, and boost the performance of existing exporters.
What measures are being taken against delays in projects?
The minister has called for strict penalties against contractors and architects responsible for delays and emphasized the need for a corruption-free system.
