Chapter

Special Economic Zones in India

Part of the series India Studies in Business and Economics pp 219-246

Date:

Challenges Faced by SEZs in India and the Way Forward

  • Arpita MukherjeeAffiliated withIndian Council for Research on International Economic Relations Email author 
  • , Parthapratim PalAffiliated withIndian Institute of Management
  • , Saubhik DebAffiliated withEconomist and Independent Consultant
  • , Subhobrota RayAffiliated withEconomist and Independent Consultant
  • , Tanu M. GoyalAffiliated withIndian Council for Research on International Economic Relations

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Abstract

The discussions in the previous chapters suggest that SEZs in India have not been very successful, and several of the approved SEZs have failed to take off. This chapter focuses on some of the key barriers faced by the SEZ developers and units. These include barriers related to the institutional and regulatory mechanism, land acquisition, and changes in fiscal regime, among others. This chapter then suggests certain policy recommendations to turn Indian SEZs into a success story.