Business Today

SEZs not so special

SEZ projects are falling out of favour with investors because of the withdrawal of tax benefits to them.
     Print Edition: March 29, 2015
SEZs not so special
SEZ projects are falling out of favour with investors because of the withdrawal of tax benefits to them. (Photo: Reuters)

The Special Economic Zone (SEZ) policy in India was unveiled in 2006 to give a fillip to exports. But SEZ projects are falling out of favour with investors because of the withdrawal of tax benefits to them. Indeed, it could be a setback to the government's "Make in India" initiative.

Money at stake
Money at stake

People employed with SEZ units
People employed with SEZ units

Multiproduct SEZs
Multiproduct SEZs

Drop in exports
Drop in exports

Graphic by: Anand Sinha; Research by: Niti Kiran and Jyotindra Dubey

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