Exports are given top priority in India, as India needs foreign exchange due to adverse balance of trade. The Indian government gives encouragement to export through various schemes, one of which being the Special Economic Zones. Exports are mainly supported and supervised by Commerce Ministry of Government of India. Export Promotion Councils have been formed for various product categories. Export and Import Policy 2002-2007 has been announced w.e.f. 1st April, 2002.
Dahej SEZ Limited (DSL), a Special Purpose Vehicle (SPV) was approved by ONGC in 2004. It is being set up jointly with the Gujarat Industrial Development Corporation (GIDC). The cost of setting up DSL is approximately Rupees 1000 crore. All necessary infrastructure facilities are expected to be available by .
DSL will arrange for power generation, transmission, and distribution. It will supply power to industrial units in the SEZ at lower rates. More than 50 players have already submitted expression of interest (EoI) for setting up their units at SEZ. A chemical port has been made operational at Dahej. All the units that set up their shops at the SEZ can use this facility.
Major industries such as IPCL, Gujarat Alkalis, Birla Copper, Wellspun Pipes, and Gujarat Chemical Port Terminal Company Limited (GCPTCL) have their chemical jetty in the vicinity. Petronet is developing a cargo jetty nearby. The GIDC also plans to develop another SEZ at Hazira.