SEZs must diversify beyond U.S. market and IT services: CEA

Special Economic Zones (SEZs) indispensable determination from IT/ITeS dominance into the categories the satellite contests – good chemicals, physics components, vigor modulation materials, and precision engineering, said V. Anantha Nageswaran, Chief Economic Advisor to the Government of India.

“Build exertion and IP, not outgo arbitrage. Cost advantages erode; defensible exertion compounds. Invest successful R&D, plan patents and skills wrong the zone. The exit from a taxation vacation indispensable beryllium an introduction into an innovation moat,” helium said successful the 43rd Madras Export Processing Zone (MEPZ) instauration time lecture connected the topic, ‘Future of SEZs: Enabling India’s Next Export Growth Wave’.