1. #1
    Unregistered

    What is the meaning of SEZ and how to find it?

    I am B.Com students. I travel through bus to my college. I see lots of industries with a board outside it “SEZ”. What do we mean by that? I want to know more about it. How to find it? Can anybody explain us about this?

  2. #2
    robonidos Array
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    Re: What is the meaning of SEZ and how to find it?

    SEZ is special economic zone, these are the areas where there is relaxation in laws which is meant for trading,mainly foreign investment. So in these areas the laws are different from rest of the country.It is done to encourage foreign investment, to provide jobs and development.
    In india top 3 states with SEZs are Andhra pradesh(36),Tamil nadu(28) and Karnataka(20).

  3. #3
    chand Array
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    Re: What is the meaning of SEZ and how to find it?

    Dear..
    the meaning of this SEZ is Special Economy Zone..where is the designation area in our country that posses the economy..but this will be the different from different area in same country..it contain measure to invest direct foreign country..if anybody want to do invest business then can go through this..

  4. #4
    prabhu Array
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    Arrow Re: What is the meaning of SEZ and how to find it?

    Hi ,


    SEZ means Special Economic Zone.

    A region made SEZ has objectives like


    1. To encourage export and imports

    2. To improve job opportunity to the people.


    3. Increase the investments as a result which increases our economy.


    4. Promote more industries or companies.


    5. Goverment gives incentives like tax excemption for the industries or company as per rules which is been stated.


    6.Its makes the procedures simple.



    Thanks !!!


  5. #5
    G.one Array
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    Re: What is the meaning of SEZ and how to find it?

    Hi guest, SEZ Stands for special economic zone. Government has categorised certain places as special economic zone according to the facility available. Usually the facility in SEZ is very low compared to other places. But the main benefit any industralist receive is the subsidy from the government and various tax benefit, export and import benefits. The government provides subsidy and other benefits because they want development of that place and make people to invest more. Thanx

  6. #6
    Ashok Array
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    Re: What is the meaning of SEZ and how to find it?

    Hi friend..

    SEZ stands for Special Economic Zone.

    SEZ is established to attract investment in the particular area.

    There are some incentives gicen for setting up industries in SEZ like:-

    I) Tax Relaxation.

    II) Lower Electricity Rate.

    III) Electricity provided for almost 24 hours.

    IV) Relaxation in some laws.

    SEZs are mainly focussed on attracting foreign investment in our country.

    I hope you found the solution to your answer.

    Thanks..

    With Regards-

    Ashok.



  7. #7
    looser Array
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    Re: What is the meaning of SEZ and how to find it?

    hi freind,

    the meaning of sez is "special economic zone".

    Central govt has approved total of 237 sez's in 19 states.

    The special economic zone is mainly introduced to attract the foriegn investment and technology.

    Sez are mainly meant for having cluster of same type of production entities.

    Sez has its own laws for trade and other business apart from the country's law.

    sez covers the following zones:-

    1. Free trade zone(ftz)

    2. Export processing zones(epz).

    3. Free zones(fz).

    4.industrail parks.

    5.free ports.

    6.urban enterprise zones.


    thanking you.

  8. #8
    sweetyilu Array
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    Re: What is the meaning of SEZ and how to find it?

    hi friends...

    SEZ means special economis zone .

    In india top 3 states with SEZ are

    Andhra pradesh(36),

    Tamil nadu(28)

    Karnataka(20).


    regards

    venki

  9. #9
    shayasmk Array
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    Re: What is the meaning of SEZ and how to find it?

    SEZ- Special Economic Zone. This is something where there are lots of provisions for foreign investments. Therre will be lot of companies over SEZ. You may also start a company here. Best of luck

  10. #10
    Dark Knight Array
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    Re: What is the meaning of SEZ and how to find it?

    SEZ stands For SPECIAL ECONOMIC ZONE

    Central Government has approved 237 SEZ's in 19 States .

    It was mainly introduced to attract the Foreign Investment and Technology.

    It is meant for having Cluster of same type of production entities ..

    The SEZ covers the following Zones :

    Free Trade Zone

    Export Processing zone

    Industrial Parks



    Free Ports

    Urban Enterprise Zones .

    Thank you.

  11. #11
    Boss Array
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    Re: What is the meaning of SEZ and how to find it?

    SEZ is special economic zone, these are the areas wherever there's relaxation in laws that is supposed for commerce,mainly foreign investment. thus in these areas the laws are totally different from remainder of the country.

    It is done to encourage foreign investment, to produce jobs and development.
    In Republic of India high three states with SEZs ar Andhra pradesh,Tamil nadu and Karnataka.
    SEZ Stands for special economic zone.

    Government has classified sure places as special economic zone in step with the power obtainable. sometimes the power in SEZ is extremely low compared to different places.

    But the most profit any industrialist receive is that the grant from the govt. and numerous deduction, export and import edges. the govt. provides grant and different edges as a result of they require development of that place and create folks to speculate additional.

    The which means of sez is "special economic zone".
    Central govt has approved total of 237 sez's in nineteen states.

    The special economic zone is especially introduced to draw in the foreign investment and technology.

    Sez ar primarily meant for having cluster of same kind of production entities.
    Sez has its own laws for trade and different business aside from the country's law.

    The SEZ covers the subsequent Zones :

    Trade Zone
    Export process zone
    Industrial Parks
    Free Ports

  12. #12
    pramatha Array
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    Re: What is the meaning of SEZ and how to find it?

    Quote Originally Posted by Unregistered View Post
    I am B.Com students. I travel through bus to my college. I see lots of industries with a board outside it “SEZ”. What do we mean by that? I want to know more about it. How to find it? Can anybody explain us about this?
    Hello friend...............

    I hope you are a very sharp looking person . Now you want to know that what is SEZ friend sez means special economic zone.
    It is particularly established to attract the investment of that area as well as technology.
    Central government is given some relaxation to those sez which are
    1 Tax benefit they are relaxed from pay just pay very short.
    2 Electricity benefits
    3 Free import & export
    4 Electricity is provided all time
    5 some relaxation in laws

    This are the benefits which are given to SEZ. Hope you understand.

    If you want to know anything you can post it at pramatha


    Thank you.

  13. #13
    end of query Array
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    Re: What is the meaning of SEZ and how to find it?

    Hi
    SEZ stands for special economic zone, and these are the areas which are given to the special companies with a reduced price by the government of india. The main aim of the SEZs is to bring in the foreign investment which could be a helping hand in the present economy of the country. Moreover it provides a huge employment for the people of the country

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