Special Economic Zone (SEZ): All you need to know


A special economic zone (SEZ) is a special geographical region demarcated to encourage foreign investment and promote domestic economic activity

To encourage foreign investment and provide a competitive and hassle-free environment for businesses to flourish, the concept of Special Economic Zones (SEZs) was introduced in India, in April 2000. The objective was to offer a level playing field to all domestic enterprises to compete globally, with infrastructural support from the state and central governments. So, what are SEZs and how are they different from other manufacturing and business zones? Here is all you need to know.

 

What is SEZ?

SEZ is a special demarcated area or a geographical region that is considered as a duty-free enclave and has different economic laws than the rest of the country. While the objective is to attract foreign investments, the SEZ also attracts domestic companies, because of its infrastructural advantages. Some of the countries that have successfully implemented the SEZ policy are China, Poland, Philippines and Russia.

 

SEZ Special Economic Zone

 

Who sets up SEZs?

In India, most of the SEZs are set up through a collaboration between the state and central governments. However, any private, public or joint sector agency can also set up SEZs. State governments have a very important role to play in the establishment of these economic zones, as the proposals have to be approved by the local authorities initially, who should give their consent for providing basic infrastructure facilities to the delineated area, such as water, electricity, transportation, etc. Also, the statutory functions of maintaining these SEZs rests with the government. A unit approval committee is formed, which consists of a development commissioner, customs officer and a state government representative, who monitor the performance of SEZs.

 

Features of SEZ in India

  • Enterprises that set up their establishment in SEZs are entitled to incentives, which may include free electricity, water supply, subsidy on land prices, etc.
  • These economic zones are designated duty-free industrial parks, to be treated as foreign territory for trade operations, duties and tariffs.
  • Usually, no licence is required for import and businesses get exemption from customs duty, on import of capital goods, raw materials, consumable spares, etc.
  • SEZs may enjoy exemption from payment of sales tax and service tax on the sale or purchase of goods or services.
  • Any supply of goods or services or both to a SEZ unit is considered a zero-rated supply. In other words, supplies into SEZs are exempted from Goods and Services Tax (GST) and are considered as exports.
  • Special economic zones have employer-friendly labour laws. For example, since SEZ units are considered as ‘public utility services’, no strikes are allowed in such companies without giving the employer six weeks’ prior notice, in addition to the other conditions mentioned in the Industrial Disputes Act, 1947.

 

List of SEZ in India

SEZ nameLocation
Visakhapatnam Special Economic ZoneVisakhapatnam
Apache SEZ Development India Private Limited, NelloreTada Mandal, Nellore District
Hetero Infrastructure Private Limited, VskpNakkapalli, Vishakapatnam
Divi’S Laboratories Limited, VskpChippada, Visakhapatnam
Brandix India Apparel City Private Ltd., VskpAtchutapuram, Visakhapatnam
Jawaharlal Nehru Pharma City, Ramky Pharma City (India) Pvt Ltd, VskpParawada Mandal, Visakhapatnam
Mas Fabric Park (India) Pvt Ltd, NelloreNellore
M/S Bhartiya International SEZ LtdNellore
Andhra Pradesh Special Economic ZoneAtchutapuram, Visakhapatnam
M/S Apiic Ltd, NaidupetaNellore
Parry Infrastructure Company Private Limited, KakinadaKakinada
Sricity Pvt Ltd, ChittoorChittoor
Iffco Kisan SEZNellore, AP
Dr. Reddy’s Laboratories LtdSrikakulam
Apiic LtdVillage Annagi and Bodduvaripalem, Maddipadu and Korispadu, District Prakasam
Apiic, Madhurwada, Hill No 2Visakhapatnam
Apiic Ltd (IT/ITeS) Madhurwada, Hill No 3Visakhapatnam
Apiic It SEZ KakinadaKakinada
Apiic Ltd & L&T, KeesarapalliNakkapalli, Visakhapatnam
Rajiv Gandhi Technology Park, Phase-1 ChandigarhChandigarh
Rajiv Gandhi Technology Park, Phase-2, ChandigarhChandigarh
Lanco Solar Pvt LtdVill-Mehrumkhurd & Chawardhal, Chhattisgarh
Kandla Special Economic ZoneKaSEZ, Kutch
Surat Special Economic ZoneSachin, Surat
Adani Mundra Port / Adani PortsMundra
Surat Apparel ParkVans, Surat
Dahej SEZ Ltd(Pertains To DC, Dahej SEZ)
Synefra Engg & Const Ltd (Formerly Known As Suzlon Infrastructure Ltd)Vadodara
Jubilant Infrastructure LtdVagra, Bharuch
E Complex Pvt LtdAmreli
Zydus Infrastructure Pvt LtdSanand, Ahmedabad
Euro Multivision Pvt LtdVill. Shikra, Tal Bhachau
Reliance Jamnagar Infrastructure LtdJamnagar
GiDC Apparel Park AhmedabadAhmedabad
Sterling SEZ Pvt Ltd(Pertains To DC, Sterling Ez)
Aqualine Properties Pvt Ltd. GandhinagarGandhinagar
L&T Ltd Vill Ankhol, VadodaraVadodara
Tata Consultancy Services Ltd, GandhinagarGandhinagar
Gift Multi Service SEZGandhinagar, Gujarat
Electronic Park SEZ (Ehtp/IT/ITeS)Gandhinagar
Asf Insignia SEZ Pvt Ltd (Formerly Known As Canton Buildwell Pvt Ltd)Village Gawal Pahari, Tehsil Sohna Gurgaon, Haryana
Gurgaon Infospace Ltd, GurgaonGurgaon, Haryana
DLF LimitedGurgaon, Haryana
DLF Cyber City, GurgaonGurgaon, Haryana
Unitech Realty Projects LtdGurgaon, Haryana
Anant Raj Industries LtdSonepat, Haryana
Biocon Special Economic ZoneAnekal Taluk, Bengaluru, Karnataka
Synefra Special Economic ZoneUdupi Taluk, Karnataka
Manyata Embassy Business Park SEZBengaluru, Karnataka
Wipro Limited (Electronic City)Varthur Hobli, Electronic City, Bengaluru, Karnataka
Wipro Limited (Sarjapur)Varthur Hobli, Sarjapur Road, Karnataka
Infosys Ltd SEZ (Mangaluru)Bantwal Taluk, Dakshina, Kannada Dist, Karnataka
Infosys Ltd SEZ (Mysuru)Hebbal Industrial Area, District. Mysuru, Karnataka
Vrindavan Techvillage SEZ (Formerly MS Vikas Telecom Ltd)Bengaluru, Karnataka
Rmz Ecoworld Infrastructure Pvt Ltd (Formerly Adarsh Prime Projects Pvt Ltd)Devarabeesanahalli, Bhoganahalli And Doddakanahalli, Karnataka
Divyasree TechnoparkKundalahalli, Krishnarajapuram, Karnataka
International Technology Park Ltd (ITPL)Bengaluru Karnataka
Cessna SEZBengaluru, Karnataka
Global Village (Formerly Tanglin SEZ)Pattengere/Mylasandra Villages, Karnataka
HCL Technologies LtdBengaluru District, Karnataka
Pritech Park SEZ (Primal Projects Ltd)Bengaluru, Karnataka
Bagmane SEZBengaluru North, Karnataka
Gopalan Enterprises Pvt Ltd (Global Axis-Hoodi)KR Puram, Whitefield Bengaluru, Karnataka
Karle Projects
Mangalore Special Economic ZoneKarnataka
Kochi PetrochemicalsErnakulam District, Kerala
Vizhinjam Port of Trivandrum SezThiruvananthapuram District, Kerala
Kochi RefineriesErnakulam District, Kerala
Kiadb Pharmaceutical Special Economic ZoneAlappuzha , Kerala
Fertilizers and Chemicals Travancore Cochin FACT AluvaErnakulam District, Kerala
Ksidb SEZ Kannur – TextilesKannur, Kerala
Ksidc Food Processing Special Economic ZoneSamudravalli, Turavur , Kerala
KAL Aerospace SEZ, KannurMattanur , Kannur , Kerala
Keonics AdoorVillage Thengamam And Prakoode, District Pathanamthitta, Kerala
Larsen and Toubro SEZKsidc Industrial Area, Aluva District Ernakulam , Kerala
Cochin Special Economic ZoneCochin, Kerala
Vallarpadam SEZVallarpadam, Kerala
Kinfra Film & Video Park (KFVP)Trivandrum, Kerala
Puthuvypeen SEZ
Kinfra (Food Processing) SEZ KakkancherryKerala
InfoparkKochi
Electronic Technology Park-1Trivandrum
Electronics Technology Park-Ii (MS Electronics Technology Parks)Trivandrum
Ksitil KollamKollam
Electronic Technology Park-3Trivandrum
Carborundum SEZKerala
Ksitil (Cherthala)Kerala
Kerala Industrial Infrastructure Development Corporation (Kinfra)Thrikkakara Village, Kanayannur Taluk, Ernakulam District, Kerala
Ksitil KozhikodeKozhikode
Indore SEZSector-3, Pithampur District Dhar (MP)
Crystal IT Park SEZ (MP Audoyogik Kendra Vikas Nigam (Indore) Ltd)Indore In The State Of Madhya Pradesh
SEEPZ SEZMumbai, Maharashtra
Maharashtra Airport Development Company Ltd (Mihan SEZ )Mihan, District Nagpur
Serum Bio Pharma Park SEZ212/2, Off Soil Poonawala Rod, Hadapsar, Pune
Maharashtra Industrial Development Corporation, AurangabadShendre Industrial Area, District Aurangabad
Infosys LimitedRajiv Gandhi Infotech Park, Ph II, Village Mann, Taluka Mulashi, Pune
Wipro LtdMaharashtra
Neopro Technologies Pvt Ltd SEZ (Formerly known as M/S Flagship Infrastructure Pvt Ltd)Village Hinjewadi Taluka Mulshi, Pune
The Manjri Stud Farm Pvt LtdS No 209, Next to Satyapuram Society Pune – Saswad Road, Phursungi, Pune
Syntel International Pvt LtdTalawade Software Park, District Pune
Magarpatta Township Development And Construction Company LtdMagarpatta City Village, Hadapsar, Taluka Haveli, District Pune
Maharashtra Industrial Development Corporation, Hinjewadi, PuneRajiv Gandhi Infotech Park, Ph III, Hinjewadi, Pune
Eon Kharadi Infrastructure Pvt LtdTaluka Haveli, District Pune
Pune Embassy India Pvt LtdPlot No 3, Rajiv Gandhi Infotech Park, Phase II, Hinjewadi, Taluka Mulshi, District Pune
Quadron Business Park Ltd (Formerly known as DLF Akruti Info Parks)Plot No 28, MIDC Rajiv Gandhi Infotech Park, Hinjewadi, Phase II District Pune
Hiranandani Business ParkPawai, Mumbai
Serene Properties Pvt LtdKalwa Trans Thane Creek Industrial Area, MIDC, District Thane
Wockhardt Infrastructure Development LtdShendre Industrial Area, District Aurangabad
Maharashtra Industrial Development Corporation SEZ – NandedKrushnoor Industrial Area, Nanded District, Nanded
Khed Economic Infrastructure Pvt LtdKanhersar Taluka Khed, District Pune, Maharashtra
Wardha Power Company LtdWardha Growth Center, District Chandrapur
M/S Arshiya International LtdVillage Sai, Taluka Panvel, District Raigad
Gigaplex Estate Private LimitedGigaoplex, Plot No 05, MIDC Knowledge Park, Airoli, Navi Mumbai
Maharashtra Industrial Development Corporation, Kesurdi SataraKesurdi Taluka Khandala, District Satara
Maharashtra Industrial Development Corporation SEZ, Phaltan, District SataraMIDC Phaltan, District Satara
Sunstream City Pvt Ltd (Formerly)Village Mulund, Taluka Kurla, Dist Mumbai Suburban and Village Kopari, Taluka Thane, District Thane
Orissa Industries Dev Cor IT SEZBhubaneswar
Vedanta Aluminium LimitedBrundamal And Kurbaga Villages, Tehsil and District – Jharsuguda, Orissa
Ranbaxy Laboratories LtdPlot No A-41, Focal Point, Mohali, Punjab
Quarkcity India Pvt LtdMohali
Jaipur SEZJaipur, Rajasthan
Mahindra World City (Jaipur) LtdJaipur, Rajasthan
Mahindra World City (Jaipur) LtdKalwara Village, Jaipur, Rajasthan
MEPZ Special Economic ZoneChennai
L&T ShipbuildingKattupalli
MahindraChingleput
NokiaSriperumbudur
Flextronics Technologies (India) Private LimitedSriperumbudur
Cheyyar SEZCheyyar
Synefra Construction Ltd (Suzlon Infrastructure Ltd)Coimbatore
AMRL SEZNanguneri Taluk, Tirunelveli District
Pearl City CcclTuticorin
SipcotOragadam
Sipcot Hi-TechSriperumbudur
SipcotRanipet
SipcotGangaikondan
SipcotPerundurai
New ChennaiCheyyur
J MatadeeMannur Village
TCSSiruseri
SyntelSiruseri
Ig3 Infra Limited (Etl Infrastructure Services Limited)Thoraipakkam
Hexaware Technologies LimitedSiruseri
Shriram Properties And Infrastructure Private LimitedChennai
ChilCoimbatore
DLF Info CityPorur
ElcotSholinganallur
ElcotCoimbatore
Estancia IT Park (Formerly known as L&T Arun Ecello)Chennai
Span VenturesCoimbatore
Eta TechnoNavalur
ElcotTrichy
CognizantSiruseri
Elcot, IlandhakulamIlanthaikulam
Tril Info ParkTarama
Ig3 Infra LtdUthukuli
NSL SEZ, UppalUppal
DLF Commercial Developers Ltd, GachibowliGachibowli
APIIC Ltd – NanakramgudaNanakramguda
Wipro Limited, GopannapallyGopannapally
Sundew Properties, MadhapurMadhapur
Stargaze Properties Pvt Ltd, RR DistRR District
Serene Properties, GhatkesarGhatkesar
Jt Holdings Pvt Ltd, RR DistRR District
Divyasree Nsl, RaidurgaRaidurga, Gachibowli
Infosys Tech, PocharamPocharam
CMC Limited, GachibowliGachibowli
Phoenix Infoparks Pvt Ltd, GachibowliGachibowli
Hyderabad Gems SEZ Ltd, RR DistRR District
M/S GMR Hyderabad Aviation SEZ Limited, HyderbadVillage Mamidipalli, Rr District
Fab City Spv (India) Pvt Ltd, RR DistRR District
M/S Apiic Ltd., Adibatla, Ibrahim Patnam, RR Dist,Ranga Reddy District, AP
Apiic Pharma SEZ – JaDCherlaJaDCherla
Tech Mahindra Limited (Satyam Computers), BahadurpallyBahadurpally
Tech Mahindra Limited (Satyam Computers), MadhapurMadhapur
Maytas Enterprises SEZ Pvt Ltd, GopannpallyGopanpally
Indu Techzone Pvt Ltd, MamidipallyMamidipally
Lanco Hills Technology, ManikondaManikonda
Wipro Limited, ManikondaManikonda
TCSl Ltd, AdibatlaAdibatla(Developer)
Navayuga Legala Estates Pvt Ltd, SerilingampallySerilingampally
Apiic LtdShameerpet RR District
OMICS InternationalChandanagar-Ameenpur Medak District
Noida Special Economic ZoneUttar Pradesh
Moradabad SEZMoradabad, UP
Moser Baer SEZ, Greater NoidaGreater Noida
Aachvis Softech Pvt LtdSector-135, Noida, Uttar Pradesh
HCL TechnologiesNoida
Wipro LtdGreater Noida
NIIT Technologies Limited SEZPlot No Tz-02, Sector-Tech Zone, ITES Park, Greater Noida, UP
Ansal IT City And Parks LimitedGreater Noida
Seaview Developers LimitedSector-135, Noida, Uttar Pradesh
Arshiya Northern Ftwz LimitedKhurja, Bulandshahr, Uttar Pradesh
Artha Infratech Pvt LtdPlot No 21, Sector-Techzone – IV, Greater Noida
Falta Special Economic ZoneFalta, West Bengal
Manikanchan SEZ, W BengalKolkata, West Bengal
Salt Lake Electronic City – Wipro, West BengalKolkata, West Bengal
ML Dalmiya & Co LtdKolkata
Unitech Hi-Tech Structures LtdRajarhat, Kolkata, West Bengal
Tata Consultancy Services LimitedRajarhat, Kolkata, West Bengal
DLF LimitedRajarhat, Kolkata, West Bengal

 

FAQ

What is SEZ full form?

SEZ stands for special economic zone.

What is an SEZ in India?

SEZ is a special, demarcated geographical region, which has different economic laws to promote investments.

What is the difference between SEZ and EPZ?

A special economic zone (SEZ) is an area selected by the government for development and has distinct laws that are business-friendly, to manufacturing, service or trading establishments. An export processing zone (EPZ) is similar to an SEZ but is designed to help manufacturing companies to produce goods for export.

 

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