FTWZs as per law, are Special Economic Zones (SEZ) in India. Govt. of India have allowed development of FTWZ in order to create Warehousing & related infrastructure to augment economic growth, create employment opportunities and to ensure growth in exports. FTWZs are Deemed Foreign Territories / Ports / Warehouse for Storage and Other value added activities under the Customs Law. FTWZ units are allowed to hold inventory on behalf of Foreign Suppliers/ Domestic Buyers .