SEZs no longer special for investors. Here's why
The projects are falling out of favour because of the withdrawal of tax benefits to them.
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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.
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Money at stake
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People employed with SEZ units
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Multiproduct SEZs
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Drop in exports
Graphic by: Anand Sinha; Research by: Niti Kiran and Jyotindra Dubey