Determining the Performance of Special Economic Zones in India

Abstract

In the present study, an attempt has been made to evaluate the performance of SEZs in India. The research is based on the secondary data that has been taken for the period of 2006-07 to 2020-21. The results of the study reveal that in India, 268 SEZs are in operation as on 17 February, 2022. SEZs have drawn a big amount of investment and create a large number of job possibilities for the people, hence assisting in the eradication of poverty in India. In summary, the study finds that special economic zones (SEZs) have played an essential role in attracting foreign direct investment and creating jobs in the country. The study also found that Tamil Nadu has the highest number of approved SEZs followed by Maharashtra and Telangana. IT/ITES/Electronic hardware and software sector is on the top having the highest number of SEZs in India.