Challenges and Future of Special Economic Zones (SEZ) in India with a Special Focus on Sri City – An Integrated Business City

  • K Lakshmipathi Research Scholar, Department of Management Studies, S.V.University, Tirupati, Andhra Pradesh, India
  • P Raghunadha Reddy Professor, Department of Management Studies, S.V.University, Tirupati, Andhra Pradesh, India
Keywords: SEZ, Special Economic Zone, SEZ and India, Sri City & Integrated Business City

Abstract

Special Economic zone (SEZ) is a geographical region that is designed to export goods and provide employment. SEZs are exempt from federal laws regarding taxes, quotas, FDI-bans, labour laws and other restrictive laws in order to make the goods manufactured in the SEZ at a globally competitive price. This articles presents an overview of SEZ’s in India and the specific challenges faced by them. Besides it gives a detailed account of Sri City – An integrated Business City, a private SEZ which has brought in lot of socio economic development in the region of Sathyavedu, Nellore District of Andhra Pradesh.

Published
2018-04-28
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