Special Economic Zone (SEZ)

A Special Economic Zone (SEZ) is a designated area within a country that offers businesses favorable policies such as tax incentives, relaxed regulations, and infrastructure support to promote economic activity. These zones aim to attract foreign investment, boost exports, create jobs, and foster industrial growth. SEZs operate under different rules than the rest of the country, making them more attractive for companies to set up manufacturing, trading, or service operations. While they contribute significantly to economic development, SEZs are carefully managed to balance growth with broader national interests.