Journal Press India^®

Author Details ( * ) denotes Corresponding author

Purpose: The present research attempts to study an increase in foreign direct investment (FDI) in the country and the effect of Special Economic Zone policy intervention over the performance for the overall economic development. Design/Methodology/Approach: The methodological approach of this research study is conceptual. Findings: The Researchers attempt to locate the balance of this Blitzkrieg approach taken by the government. Their effort is to look at both sides of the coin and suggest a well balanced approach which has drawn lessons from China . Research Limitations/Implications: The main limitation for this study is that it is based on limited secondary data. Replicating the research approach with more comprehensive data would result in deriving better conclusion. Practical Implications: India’s advantage lies in its strong economic growth prospects, availability of large and skilled workforce, comparative advantage in several industries, a strong policy framework, availability of supporting ancillary industries, strong growth in the external sector and a huge domestic market. These factors, combined with a proactive role from the government in marketing the SEZs, and in attaining the overarching objective of boosting India’s exports and attracting export related foreign direct investment (FDI). Originality/Value: This study showcased the original work of the authors in the field of the Assessment of Indo-China’s Special Economic Zones (SEZs).

Keywords

Special Economic Zones, Free Zones, Special Zone, Export Processing Zone, India, China

1. Asia Pacific Bulletin (2006) “Can India Revitalize its Special Economic Zones to Rival Those in China”, February.
2. Business Reporter (2006) “CPM Wants SEZ Act Changed”, September 27.
3. CII (2005) “Special Economic Zones- Engines for Growth”, May.
4. Crittle, James (2006) World Bank, http://rru.worldbank.org/Discussions/Topics/Topic40.asp
5. Debroy, Bibek (2006) “SEZ Who?” Daily News & Analysis, August 29.
6. Express India (2006) “Debate over SEZ is Good, Better Would be an Informed Debate.” Editor, September 28.
7. Financial Express (2006) “Frequent Changes should be Avoided”, Secretary General FICCI, April 19.
8. Kapadia, M.S. (2006) “China far Ahead of India”, The Project Monitor, September, 28.
9. Rai, Saritha (2006) “India’s Industrial Zones get Mixed Welcome”, The New York Times, September 27.
10. Ramchandran, Aarthi (2006) “Sonia Joins the SEZ Debate”, The Economic Times, September 24.
11. Ray Shashwat, Gupta (2006) “SEZ: Bumpy Road to El Dorado” Tehelka - People’s Paper, September 16.
12. Singh, J.P. (2005) “SEZs in India: The Bubble has Burst A Note on India’s Dream Unlimited”, December 20.
13. Yadav, Sharad “SEZ Policy a Threat to Food Security” Former Union Food Minister.