Question

What are special economic zone why have they been set up?

Answer 1

Hey mate here is ur answer......

Special Economic Zone (SEZ) is a specifically delineated duty-free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs. In order words, SEZ is a geographical region that has economic laws different from a country's typical economic laws

SEZs are special economic zones where world class facilities like water, electricity, roads and transport, recreation, education are available. They have been set up to promote foreign companies to invest in India.

HOPE IT HELPS ☺️

Answer 2

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