The primary objective of SEZs is to boost exports and attract foreign direct investment (FDI) by providing a conducive business environment with various incentives and concessions.

The Special Economic Zones Authority (SEZA), under the Ministry of Commerce and Industry, is the nodal agency responsible for the overall administration, regulation, and monitoring of SEZs in India.

SEZs in India offer a range of benefits to businesses, including 100% FDI allowance in most sectors, exemption from customs duties on import of capital goods, and a simplified approval process through a single-window clearance system.

The manufacturing sector has attracted the largest share of FDI in SEZs in India, followed by the information technology and infrastructure sectors.

The minimum area required to set up an SEZ in India is 100 hectares, as per the SEZ Act, 2005.

Maharashtra has the highest number of operational SEZs in India, followed by Gujarat, Tamil Nadu, and Karnataka.

SEZs in India face several challenges, including lack of adequate infrastructure, high cost of land, and a complex regulatory framework.

The government aims to achieve exports worth $300 billion from SEZs by 2025.

Surat in Gujarat has the largest SEZ in India, known as the Surat SEZ.

The Development Commissioner in an SEZ is responsible for overseeing the development and administration of the SEZ, promoting investments and attracting businesses, and ensuring compliance with SEZ regulations and policies.

The minimum investment required to set up a unit in an SEZ in India is ₹1 crore.

The Ministry of Commerce and Industry is responsible for formulating policies and regulations related to SEZs in India.

A unit can be set up in an SEZ for a maximum period of 20 years.

Information Technology Special Economic Zones (ITES-SEZs) are specifically designed for the development of IT and ITES industries.

The Board of Approval (BoA) is responsible for approving proposals for setting up SEZs, granting various approvals and clearances to SEZ units, and monitoring the performance of SEZs.