Question

Answer the following in paragraph:

What is special about SEZs and write about the SEZs zones in Tamil Nadu.

Answer 1

1. Special Economic Zones (SEZs) provide an internationally competitive hassle-free environment for exports.
2. Units in SEZs manufacture goods and provide a range of services.
3. SEZs are located in Nanguneri, Ennore, Hosur and Perambalur.
4. IT and ITES, SEZ named TIDEL - IT and TIDEL IIT and Bio-Pharmaceuticals SEZ are located in Chennai and Coimbatore SEZ called the TIDEL park IV is located in the city.
5. Special Economic Zone means the specified area within the territory of the state.
6. There is 36 special economics zone are operational in Tamil Nadu which tops in the highest number of SEZ.
7. It helps in the economic and industrial development of the state.
8. Helps to create employment opportunity and to earn foreign exchange.