An Analysis on Impact of Special Economic Zones (SEZ) on India’s Export
Current Strategies in Economics and Management Vol. 1,
Page 122-129
Abstract
Purpose: The purpose of this article is to understand the importance and the impact of Special Economic Zones (SEZ) on India’s export during the period from 2009-10 to 2018-19.
Methodology: A structured literature review is conducted from the journal database like elseiver, science direct, etc., and also collected data from the Government websites like RBI, SEZ, Ministry of Commerce and Industry, etc., to identify and categorize themes on Special Economic Zones (SEZ), India’s total exports, Foreign Exchange, Exports promotions, etc.,
Findings: The findings of this study is a very encouraging sign on total exports from India has been increasing during this period. It is also found that Specail Economic Zones in India’s export increased tremendously from ` 2,20,711 Crores in 2009-10 to ` 7,01,179 Crores in 2018-19. The shares of Special Economic Zones (SEZ) exports in India’s total exports have also incresed sharply from 26.10 percent in 2009-10 to 30.38 percent in 2018-19.
Research Implications: This article is study on an in-depth analysis of secondary source of data from the Indian websites and Journal websites. The research builds on collecting data on parameters like Special Economic Zones (SEZ), India’s total export, Foreign exchange, Export promotions, etc., and also to know about the major initiatives taken by the Government of India to promote Special Economic Zones(SEZ) and its importance in exports in many major cities in India.
Practical Implications: This article playing an important role in genrating more jobs and subsequently creating additional economic activities at the National level. Young buddy researchers can use this topics as their research work since this Special Economic Zones(SEZ) is limited coverage in India.
Keywords:
- Special Economic Zones (SEZ)
- export promotion
- foreign exchange
- employment
- foreign investment
- developing countries
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