Special Economic Zones (SEZs) are designated areas within a country. They aim to attract foreign investment. SEZs offer tax incentives and reduced regulations. This boosts economic growth and creates jobs. In India, SEZs have been established to enhance exports. They play a crucial role in the country’s economic strategy. Their impact on local economies and communities is significant.
India’s uneven experience with spatial industrial policy has made policymakers deeply cautious about zoning as a development tool. Special Economic Zones (SEZs), launched with high expectations in the...