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ARTICLE · 01 APRIL 2019

Trading In The Indian Economic Zones

S.S. Rana & Co.
S.S. Rana & Co.
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In the era of ever-increasing competition, nations, especially developing countries make a lot of efforts to promote the economic growth by the generation of business opportunities.

IndiaGovernment, Public Sector
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In the era of ever-increasing competition, nations, especially developing countries make a lot of efforts to promote the economic growth by the generation of business opportunities. With the improved infrastructure facilities, communication channels and investor friendly policies, India is becoming an increasing attraction for business persons across the world.

Export Processing Zones in India

India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone (EPZ) model in promoting exports, with Asia's first EPZ set up in Kandla in 1965. The Special Economic Zones (SEZs) were set up with the objective of :

  • Overcoming the shortcomings experienced due to multiplicity of controls and clearances;

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