Special Economic Zones in India
The policy provides for setting up of SEZ's in the public, private, joint sector or by State Governments. It was also envisaged that some of the existing Export Processing Zones would be converted into Special Economic Zones. Accordingly, the Government has converted Export Processing zones located at
- Kandla and Surat (Gujarat)
- Cochin (Kerala)
- Santa Cruz (Mumbai–Maharashtra)
- Falta (West Bengal)
- Chennai (Tamil Nadu)
- Visakhapatnam (Andhra Pradesh)
- NOIDA (Uttar Pradesh)
- Nanguneri and Tirunelveli (Tamil Nadu)[1]
Currently, India has 811 units in operations in 8 functional SEZ's, each an average size of 200 acres. 8 Export Processing Zones (EPZs) have been converted into SEZs. These are fully functional. All these SEZs are in various parts of the country in the private/joint sectors or by the State Government. But this process of planning and development is under question, as the states in which the SEZs have been approved are facing intense protests, from the farming community, accusing the government of forcibly snatching fertile land from them, at heavily discounted prices as against the prevailing prices in the commercial real estate industry. Also some reputed companies like Bajaj and others have commented against this policy and have suggested using barren and wasteland for setting up of SEZs.
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