TITLE

SPECIAL ECONOMIC ZONES IN INDIA

AUTHOR(S)
Khanderao Patil, Dilip
PUB. DATE
July 2013
SOURCE
Golden Research Thoughts;Jul2013, Vol. 3 Issue 1, p1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export processing zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free ports, Urban Enterprise Zones and others. Usually the goal of a structure is to increase foreign direct investment by foreign investors; typically an international business or a Multi National Corporation (MNC). The total physical exports from SEZs in India as on 31st December, 2012 i.e. in the first three quarters of the current financial year, has been to the tune of Rs. 3,53,195 crore approximately registering a growth of 35.34% over the exports of corresponding period of the previous financial year. The total investment in SEZs till 31st December, 2012 is Rs.2,38,990 crore approximately, including Rs.2,18,919 crore in the newly notified zones.
ACCESSION #
91253503

 

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