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An Overview of Special Economic Zones in India

Article by Vedika Jhall, Edited by Chinmay Jain

Do you know what Special Economic Zones are? Does the question regarding its existence ever popped-up in your mind? Do you know why it’s necessary or if you can do business there? Has it been a successful policy for the country? 
And, can it be beneficial for you to start your business there?

Similar questions popped in my head when I heard about this term for the very first time. 

In this article, I will be providng an in-depth analysis on Special Economic Zones in India as well as try to analyse the benefits and disadvantages of setting up a business here.


What Are SEZs?Special Economic zones (SEZ) are areas that are provided with different laws for carrying on business and trade. In other words, these areas have separate business and trade laws from the rest of the country.

These Economic Zones are located within the national territorial area of a country. The purpose of these Economic Zones is to improve employment, trade balance, and inve…