Special Economic Zones (SEZs) and their implication on urban management and regional planning in India

Under the new industrial policy announced in 2002 and the export-import policy announced thereafter, SEZs have been sought to be created in several parts of the country for promoting industrial production and export growth. Their strategic view was looking to target foreign investors in combination with domestic suppliers, in order to make major inroads into world markets. SEZ Act, 2005 was passed by Parliament in May 2005 and received Presidential assent on 23rd June 2005. A large number SEZs have been given in-priniciple approvals, in different parts of India. This note discusses urban management and regional impact of SEZs in India.