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The country identified the Special Economic Zone (SEZ) region geographically. A country’s national borders are where special economic zones are found. The role of the government in attracting investments into the country is expected to be anchored on an encouraging regulatory environment, physical infrastructure, and the implementation of policies by the government in those areas to promote manufacturing in India and create employment opportunities by setting up businesses in India.
It means “special economic zones are a particular area within the territory of a particular country that is different from the other corporate legal jurisdiction of that country. Where the government provides a tax discount and taxation benefits in India. Or even tax-free for employment and to attract investors for the development. When the government offers a tax break. Or even tax-free to entice investors for growth.
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