List of Special Economic Zones in India

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Jebel Ali Free Zone (JAFZ), UAE: Located in Dubai, JAFZ is one of the largest SEZs in the Middle East. It majorly attracts industries such as logistics, technology and manufacturing.
Riga Free Port, Latvia: Situated on the Baltic Sea, this SEZ focuses on transport, logistics and warehousing. It is known for its strategic location. Its proximity to key European markets benefits the businesses operating here.
Colon Free Zone, Panama: The world’s second-largest free trade zone, located near the Panama Canal, it is a key center for international trade. Established in 1948, it is especially known for re-exporting goods.
Batam Free Trade Zone, Indonesia: Situated near Singapore, Batam is a prominent Special Economic Zone. It is home for electronics, manufacturing and shipbuilding businesses. It has become a major hub for multinational companies because of its proximity to global shipping routes and tax incentives.
Special Economic Zones in India

Special economic zone policy was introduced in India in 2000. It drew venezuela phone number list inspiration from the SEZ models emerging around the world and aimed to encourage trade and manufacturing in the country. These special zones have been instrumental in accelerating the country’s economic growth. They attract foreign direct investment (FDI) and promote exports, in addition to offering advantages such as tax incentives and world-class infrastructure.

SEZs in India are driving industrial growth and generating employment opportunities for professionals in different fields. They contribute significantly to India’s exports, particularly in sectors such as information technology, pharmaceuticals, and textiles. They also help in regional development by promoting domestic production and are known to support both urban and rural communities.

The key features of SEZs in India include tax exemptions on profits, duty-free import of raw materials and simplified compliance procedures. Most of these zones are located near ports and urban centers to enable easy connectivity.