What are Special Economic Zones (SEZ)?

SEZ is a specifically delineated duty free enclave, which shall be deemed to be a foreign territory for the purposes of trade operations and duties and tariffs.

[{"selector":"#anim-96388152-9ce9-4bf1-9aa1-472fb9271df1","keyframes":{"transform":["translate3d(-103.71517%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-723ecb94-bbb0-42ef-aa98-9c6ed8c181c3","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-daef4cfa-1a03-4120-847d-f4f3bb520e47","keyframes":{"transform":["rotate(-334deg) translate3d(-71.875%, 0px, 0) rotate(334deg)","rotate(-334deg) translate3d(0px, 0px, 0) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-a7a9a2cb-1008-4478-9b4d-6a3de947a6cf","keyframes":{"transform":["rotate(-334deg) rotateZ(-180deg) rotate(334deg)","rotate(-334deg) rotateZ(0deg) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

India wants its SEZ Policy to be WTO compatible. Presently, 354 SEZs are notified, out of which 240 SEZs are operational.

[{"selector":"#anim-37d54f19-fe0e-4658-9049-9a78e5b0a324","keyframes":{"transform":["rotate(-334deg) translate3d(-71.875%, 0px, 0) rotate(334deg)","rotate(-334deg) translate3d(0px, 0px, 0) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-484fcfe3-14ea-4b35-93f2-fc504a6caf91","keyframes":{"transform":["rotate(-334deg) rotateZ(-180deg) rotate(334deg)","rotate(-334deg) rotateZ(0deg) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-01e37f99-f453-4e5b-8879-c5941d21ebcc","keyframes":{"transform":["translate3d(-104.3307%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-dd371617-6366-4fd3-864b-10f72e18f647","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

SEZ structure is to increase foreign direct investment by foreign investors, typically an international business or a Multi-National Corporation (MNC).

[{"selector":"#anim-2e70cbd1-bb15-47c6-a0b3-536c2f67ce33","keyframes":{"transform":["rotate(-334deg) translate3d(-71.875%, 0px, 0) rotate(334deg)","rotate(-334deg) translate3d(0px, 0px, 0) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-e47fb4f3-5cdf-4bce-8683-ddb3ee1230d2","keyframes":{"transform":["rotate(-334deg) rotateZ(-180deg) rotate(334deg)","rotate(-334deg) rotateZ(0deg) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-5a223518-f980-4208-a4aa-f803e7c3d7f8","keyframes":{"transform":["translate3d(-104.3307%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-0a435bf9-3874-415d-aa28-5821efa37ba5","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

SEZ structure is to increase foreign direct investment by foreign investors, typically an international business or a Multi-National Corporation (MNC).

[{"selector":"#anim-fd18c1f7-f964-4f88-b4ba-a03e41c71bbd","keyframes":{"transform":["rotate(-334deg) translate3d(-71.875%, 0px, 0) rotate(334deg)","rotate(-334deg) translate3d(0px, 0px, 0) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-7ddbe734-d29e-4d64-9cd8-85071bcb0150","keyframes":{"transform":["rotate(-334deg) rotateZ(-180deg) rotate(334deg)","rotate(-334deg) rotateZ(0deg) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-4146f73c-c0ec-413e-9799-9179e40a3ad4","keyframes":{"transform":["translate3d(-104.3307%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-5a21319c-4042-4140-8c4a-a82e90151e36","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

The Special Economic Zones (SEZs) Scheme in India was conceived by the Commerce and Industries Minister Murosoli Maran during a visit to Special Economic Zones in China in 1999.

[{"selector":"#anim-4e034286-5800-43b5-8d45-f7ea0c7baaa3","keyframes":{"transform":["rotate(-334deg) translate3d(-71.875%, 0px, 0) rotate(334deg)","rotate(-334deg) translate3d(0px, 0px, 0) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-3be25fca-ed50-4732-8b79-d8d7255e6599","keyframes":{"transform":["rotate(-334deg) rotateZ(-180deg) rotate(334deg)","rotate(-334deg) rotateZ(0deg) rotate(334deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-76e8c62b-74de-46c5-97f5-2ba994308a8f","keyframes":{"transform":["translate3d(-104.3307%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-f66ad8b9-ba08-4109-827e-a448491898eb","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] Learn more

Read Full Articles

[{"selector":"#anim-08fcb887-aa74-4654-8a06-addeeaae64d7","keyframes":{"transform":["translate3d(117.15211%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-20fa9d96-82c8-463f-9d4e-7eb01278653b","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-a1e2e8f3-f8df-429f-9289-8248522560c3","keyframes":{"transform":["translate3d(149.28229%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-a905dcb0-cf06-4056-8836-d9e66ef2819e","keyframes":{"transform":["rotateZ(180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] [{"selector":"#anim-13d63205-2560-4be0-927c-a7f2618b7a1f","keyframes":[{"offset":0,"transform":"translate3d(0, -385.81885%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -108.49226062%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -36.884282060000004%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -13.850896715000001%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -6.018774059999999%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":2000,"fill":"both"}]