Special Economic Zone: a concept that would change the way the world does business. SEZ’s are planned islands of excellence, in which specific business activities are promoted by providing a set of beneficial policy measures and providing infrastructure par excellence. India with its growth rate of over 8 %, coupled with the a large young English speaking talent pool, the lower cost of operations has become “ the destination” for most large corporations in the west for their operations; be it services or manufacturing.

With several leading corporations and smaller companies alike making Indian hub for their business activities, the Government of India has been quick to realize the necessity to scale up Industrial Infrastructure and also come up with a investor friendly policy to encourage more and more companies to set up their operations here.

The SEZ policy is an innovative method adopted by the Government of India (GoI) to promote foreign direct investment into India. Further, the GoI has made private participation possible by enabling private developers to enter this space to provide impetus in scaling up industrial infrastructure and setting new global benchmarks. Companies which set up their facilities in SEZ’s are entitled to several benefits which include tax breaks, easy repatriation of funds, easy clearances among others which make setting up a facility in an Indian SEZ more profitable and hassle free.