India Announces Approval of More Special Economic Zones to Increase Exports
India's Ministry of Commerce and Industry has announced that in addition to seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector SEZs set up prior to the enactment of SEZ Act, 2005, formal approval has been accorded to…
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576 new proposals. A total of 114 SEZs are already exporting. Among other things, SEZs are intended to promote investment from domestic and foreign sources and promote exports of goods and services. Further details about SEZs are available here.