EOU
Definition | : | Export Oriented Units |
Category | : | Business » Economic Development |
Country/Region | : | India |
What is the full form & meaning of EOU?
Export Oriented Units (EOUs) are industrial units that are established in India with the primary objective of producing goods for export purposes. These units are set up in designated areas known as Export Processing Zones (EPZs) or Special Economic Zones (SEZs), where they are provided with various incentives and benefits by the government to encourage export-oriented manufacturing.