In February 2006, when the disparate pieces of executive orders, press notes, government regulations that formed the basis of the SEZ framework from April 2000 were all consolidated and given effect as a cogent piece of legislation called the SEZ Act, 2005, there was great hope.

In February 2006, when the disparate pieces of executive orders, press notes, government regulations that formed the basis of the SEZ framework from April 2000 were all consolidated and given effect as a cogent piece of legislation called the SEZ Act, 2005, there was great hope.