SPECIAL ECONOMIC ZONE (SEZs):
India was, among the 1st in Asia to recognize the importance of exports and so set up Asia's 1st Export Processing Zone (EPZ) in Kandla (Gujarat) in 1965 & many more later. They were converted into Special Economic Zones (SEZs) in 2000 to take (1/3)
India was, among the 1st in Asia to recognize the importance of exports and so set up Asia's 1st Export Processing Zone (EPZ) in Kandla (Gujarat) in 1965 & many more later. They were converted into Special Economic Zones (SEZs) in 2000 to take (1/3)
the concept forward.
Special Economic Zones Act, 2005 was passed for: generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities, and development of (2/3)
Special Economic Zones Act, 2005 was passed for: generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities, and development of (2/3)
infrastructure facilities.
💡 The amount of land that the proposal requires will determine what type of SEZ it will be. The different types are: Multi sector SEZ (minimum of 1000 hectares of land); Sector specific SEZ (minimum of 100 hectares); Free Trade and Warehousing (3/3)
💡 The amount of land that the proposal requires will determine what type of SEZ it will be. The different types are: Multi sector SEZ (minimum of 1000 hectares of land); Sector specific SEZ (minimum of 100 hectares); Free Trade and Warehousing (3/3)
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