One of the major reasons why SEZs have not taken off in a major way in India is on account of the intrinsic lack of export competitiveness, says Indranil Dasgupta, Chief Executive Officer-Industrial Zones, ATTIVO Economic Zones, Srei Infrastructure Finance Ltd.
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SEZs in Limbo
In order to push the growth engine of the country, the National Democratic Alliance (NDA) Government has taken the initiative of pushing the country´s manufacturing sector through the ´Make in India´ campaign.
Govt may slash MAT on SEZs
In what could be a major boost to India´s Special Economic Zones (SEZs), the government is set to reduce the Minimum Alternate Tax (MAT) on Special Economic Zones (SEZ) from 18.5 per cent to 7.5 per cent.