An FTWZ is a recognized foreign territory that is part of Indian territory and is intended to be utilized as a center for international trade connecting to global supply networks. FTWZs are governed by the Ministry of Commerce and Industries as well as the Special Economic Zones Act (2005) and Rules (2006). There are eight recognized free trade warehousing zones in India, all of which were co-developed by private businesses. What are these free trade storage zones used for if they create millions of crores in revenue? In this article, let's find out how important they are and what advantages they offer to clients. Read more 