Several fiscal and regulatory incentives to developers of the SEZs as well as units within these zones have been provided. In addition to the incentives offered by the Central SEZ Policy, there is state policy which offers several additional incentives to the units within these zones.
An SEZ may be set-up in the public, private, or joint sector and/or by a state government. The policy requires the minimum size of an SEZ to be 1000 hectares. Within these zones, units may be set-up for the manufacture of goods, provisioning of services, and other activities including processing, assembling, trading, repairing, reconditioning, making of gold/silver, platinum jewellery etc. The Policy allows 100 per cent foreign direct investment ("FDI") in most manufacturing activities.
