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Data on Special Economic Zones(SEZ) The Special Economic Zones (SEZs) policy was launched in April 2000. The Special Economic Zones Act was enacted in 2005. The amount of land that the proposal requires will determine what type of SEZ it will be. Some of the different types are: Multi-sector SEZ (requiring a minimum of 1000 hectares of land); Sector-specific SEZ (requiring a minimum of 100 hectares); Free Trade and Warehousing Zone (FTWZ) (requiring a minimum of 40 hectares); and IT/ITeS/handicrafts/biotechnology/non-conventional energy/gems and jewellery SEZ (requiring a minimum of 10 hectares). Incentives and facilities available to developers include: Exemption from customs/excise…
11 March, 2021
Industrial Policy, Liberalisation
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