The Role of Special Economic Zones (SEZs) in Export Promotion of India

सार

In this era of globalization every country is adopting the policy of import substitution and export Promotion. For the export promotion many countries adopted the policy of Special Economic Zones (SEZ). It was believed that the SEZ are the instrument of export promotion, earners of foreign exchange, stimulation of employment and foreign investment. Special economic zones concept has evolved across the globe and several developing countries like India have adopted this policy for set-up of industrial zones that focus on exports and helps in generating economic opportunity and able to attract Foreign direct investment. So SEZs can be defined as a geographically delimited area which is physically secured, has single window clearance system, less complicated administrative unit. In this paper, an attempt is made to review the concept of Special Economic Zone and its impact on the exports from India. The study is also covered the various problems related with the SEZs and solutions to resolve it. Also give some suggestions to improve the condition of SEZs and export promotion in India.