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Quick Links
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| Special
Economic Zones in India |
 Workshop on "SEZ
Policy" by Dr. U.K. Sen - Former Special Secretary GOI
& Former Chairman & Managing Director of Fertilizers Corporation
of India; in Espire, A 41, MCIE, Mathura Road, New Delhi - 44.
4th FEBRUARY 08
HIGHLIGHTS
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For trade expansion, countries are on the lookout for creating
markets with low overheads. This can be achieved through a carefully
structured deregulatory mechanism. These include putting in
place trading mechanism and infrastructures like free ports,
free trade areas, export oriented Units (EOUs), export processing
zones. Special economic zones that would suit the requirements
or market forces. By introducing innovative systems to bring
down the cost of final products for export led growth, there
has been an ongoing effort by the newly industrialized economies,
in particular, to experiment on newer versions of cost reducing
mechanisms.
 In
this sphere of economic activity, India has, over the years
taken a number of policy decisions to boost export. With a view
to providing an internationally competitive and hassle free
environment for export promotion, special economic zones (SEZ)
have been set up. The objective of setting up these SEZs include
generation of additional economic activity, promotion of exports
of goods & services, investment promotion from domestic
and foreign sources and creation of employment opportunities.
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