OWS Technical Services
The concept of services rendered from a Special Economic Zone (SEZ) was pioneered by Oil Field Warehouse & Services Ltd.
OWS Technical Services has extended this concept by offering manufacturing services for its international clientele based on the same SEZ model.
The basic concept is as follows:
• International companies can leverage the vast and economical skilled labour market of India without having to go through the hassle of forming a local company.
• All input taxes and duties are completely eliminated from all capital goods and raw material.
• No restrictions on export
• OWS Technical Services assumes all the liability of local compliances including labour licenses, environmental clearances, etc.
• Sale of the end product in India or outside will not attract any income tax for the customer