SHASHANK SHENDE FIE 27-29 March 2019 - The Ashok, Chanakyapuri, New Delhi - Global Economic Zones Expo & Convention

27-29 March 2019
The Ashok, Chanakyapuri, New Delhi

SHASHANK SHENDE                  FIE

JOINT DEVELOPMENT COMMISSIONER
   AHMEDABAD SEZ CLUSTER
             KASEZ

INDIA – AN OVERVIEW

STRENGTHS
 YOUNG WORK FORCE
 STRATEGICALLY LOCATED
 STRONG PUBLIC INSTITUTIONS
 RELATIVELY OPEN ECONOMY

CONSTRAINTS
   SECURITY CONCERNS
 CUMBERSOME REGULATIONS
 HIGH COST OF POWER
   GOVERNANCE
 LOGISTCIS AND INFRASTRUCTURE
 RISING INTEREST RATE
 WTO REFORMS
 SPEEDY & FAIR TRADE DISPUTE
 LEGAL INFRASTRUCTURE

INDIA – SEZ POLICY – CURRENT SCENARIO

RECENT REFORMS (EASE OF DOING BUSINESS) :
 SEZ RULES AMENDMENTS (19/09/2018) and (07/03/2019)
 SUBMISSION OF REPORT ON SEZ (SH BABA KALYANI COMMITTEE)
 RBI POLICY ON ECB (EXTERNAL BORROWING POLICY)
 TRADE CREDIT NORMS

NEED OF HOUR
 NOT TAX HOLIDAYS BUT SIMPLE REGULATIONS AND AN EFFICIENT
  ADMINISTRATION
 TRANSPARENT AND SPEEDY JUSTICE FOR SEZ

ISSUES IN SEZs( AS SUBMITTED BY UNITS)

SECTOR SPECIFIC ISSUES
 TEXTILES SECTOR SEZ
 IT/ITES SECTOR SEZ
 ELECTRONIC PARK/SECTOR SPECIFIC SEZ
 GEMS AND JEWELLERY SEGMENT (SEEPZ)

CUSTOMS RELATED ISSUES

OTHER ISSUES

TEXTILES AND ARTICLES OF TEXTILES SEZ-ISSUES

 POLICY ISSUES
    REMOVAL/REVAMPING ON MAT (MINIMUM ALTERNATE TAX )
     PERMISSION TO MANUFACTURE ALL KINDS OF PRODUCTS INSTEAD OF SPECIFIC PRODUCTS
     IN SINGLE SEZ - I.E. BROAD BANDING
  INTRODUCTION OF EMPLOYMENT BASED FISCAL INCENTIVES
  ALLOWING JOB WORK FROM DTA TO SEZ
  ONLY MEIS BEING ALLOWED TO EXPORT FROM SEZ, DUE TO WHICH DOMESTIC EXPORTERS
   GETTING LOW BENEFITS .ADVANCED AUTHORIZATION FOR EACH LICENSE.
  MEIS (MERCHANDISE EXPORTS FROM INDIA SCHEME) /E P C G LICENSE /D F I A. (DUTY FREE
   IMPORT AUTHORIZATION)/DUTY CREDIT SCRIP TO STATUS HOLDER EXPORTER/R . O . S. L
   SCHEME
  CREATING SKILLED LABOR FORCE / REQUIRED TO PROVIDE FEW RELAXATIONS INTO THE OLD
   LABOR LAWS
     SINGLE WINDOW OPERATION/ANSWERABLE AUTHORITY IS HIGHLY RECOMMENDED FOR
     EACH GOVERNMENT APPROVAL THAT WILL SAVE MAXIMUM TIME AND EFFORT
                                                                               CONT’D

TEXTILES AND ARTICLES OF TEXTILES SEZ-ISSUES

OPERATIONAL ISSUES
 ALL INWARDS AND OUTWARDS ON SEZ SYSTEM AND THE CHARGES FOR
  EACH ENTRY SHOULD BE RS.100/- FOR DAY TO DAY TRANSACTIONS
 HIGHER SERVICE CHARGES CHARGED BY THE DEVELOPERS
 GARMENT SECTOR - RELAXATION AS NO IMPORT DUTY PAYABLE ON
  IMPORTED GARMENTS AT PAR WITH BANGLADESH AND VIETNAM
 GOVERNMENT TO REGULATE THE IMPORT CONTAINER/SHIPPING CHARGES
 NATIONAL TARIFF POLICY TO CONTROL SHIPPING CHARGES / INCREASE OF
  COST/ FOREIGN CURRENCY OUTFLOW
 INFRASTRUCTURE, I.E. ROAD, DEVELOPMENT IN PORT. DELAY IN TIME

ELECTRONIC PARK/SECTOR SEZ -ISSUES

POLICY MEASURES
1. PROFIT FROM SEZ UNIT IS BEING CHARGED MAT AT 18% + CESS = NEARLY 20% OF BOOK PROFIT. IT
IS EXTRA CASH OUTFLOW FOR THE INDUSTRY. MAT SHOULD BE NIL TO MAKE OUR PRODUCT
COMPETITIVE IN INTERNATIONAL MARKET. OUR MOST OF THE PRODUCTS ARE COMPETING WITH
EUROPE, JAPAN AND USA.

2. WE ARE CAPITAL GOODS MANUFACTURER AND WE HAVE SOLD GOODS TO DIAMOND
EXPORTER ON EPCG LICENSE AT NIL RATE OF DUTY. HOWEVER AFTER GST IMPLEMENTATION IGST IS
APPLICABLE EVEN ON EPCG LICENSE CLEARANCE AND DIAMOND EXPORTER HAVE TO APPLY FOR
REFUND FOR THE SAME. SO EFFECTIVELY THERE IS NO BENEFIT FOR THE DEEMED EXPORTER.

3. SEZ SHOULD BE CONSIDERED AS DOMESTIC UNIT FOR THE MAKE IN INDIA FOR SUPPLIES TO
GOVERNMENT UNITS. SUPPLIES TO GOVERNMENT FROM SEZ UNIT SHOULD BE AT NIL CUSTOM
RATE IN ORDER TO COMPETE WITH IMPORTED GOODS. GOVT UNITS LIKE DEFENCE, DRDO, ISRO,
LASETC ETC.

ELECTRONIC PARK/SECTOR SEZ -ISSUES

OPERATIONAL ISSUES
 HIGH DEVELOPMENT CHARGES (INAPPROPRIATE BASIS)
 SERVICES PROVIDED BY DEVELOPER IS NOT SATISFACTORY LIKE CLEANING,
  MAINTENANCE,
 SINGLE POINT WINDOW CLEARANCE FOR LICENSE AND EXEMPTIONS.
 MISCELLANEOUS ISSUES LIKE ELECTRICITY EXEMPTION. REIMBURSEMENT FROM
  DEVELOPER

IT AND ITES SEZ ISSUES

POLICY ISSUES
 31/03/2020 SUNSET CLAUSE, AN EXTENSION IS NEEDED
 REMOVAL/REVAMPING ON MAT (MINIMUM ALTERNATE TAX )
 PHASING OUT INCOME TAX HOLIDAYS FOR SEZ UNITS COULD DISPLACE INDIA
  FROM FAVOURITE IT DESTINATION
 LACK OF CLARITY ON GOVERNMENT FUNDINGS AND TAX BENEFITS FOR
  ENCOURAGING START-UPS
 DELAY IN GRANTING GST REFUNDS POSING A WORKING CAPITAL
  CHALLENGE

IT AND ITES SEZ ISSUES

OPERATIONAL ISSUES
 SKEWNESS OF DEVELOPMENT OF IT INDUSTRIES IN SOME PLACES, LEADING TO
  SLOW DEMAND
 MINIMUM LAND AREA DEVELOPMENT REQUIREMENTS

GEMS AND JEWELLERY SECTOR -ISSUES

POLICY ISSUES:
 SINGLE WINDOW CLEARANCE: THE ESSENCE TO SEZ SCHEME IS SINGLE WINDOW MECHANISM. BUT
IN REALITY THERE IS NO SINGLE WINDOW MECHANISM IS IN PLACE. THE UNITS HAVE TO GET
CLEARANCE ON MANY ISSUES FROM THE CENTRAL AND STATE GOVERNMENTS HENCE THE
IMPLEMENTATION OF PROJECTS GET DELAYED.
 SUGGESTIONS: AN EFFECTIVE SINGLE WINDOW MECHANISM WITH PROPER INSTRUCTION AND
  GUIDELINES TO CENTRAL AND STATE GOVERNMENTS UNDER ONE ROOF WILL CERTAINLY BOOST
  PROMOTION OF EXPORTS AND SERVICES.

DTA SALE OF JEWELLERY/EXCESS-UNUTILIZED RAW MATERIAL LIKE DIAMONDS/COLOUR
  STONES/GOLD MOUNTINGS AND FINDINGS, RUBBER MOULDS, WAX PIECES ETC.
 SUGGESTIONS: PROVISION UNDER RULE 34 OF SEEPZ RULE 2005 IS ALLOWING EXCESS
  UNUTILIZED GOODS FOR DTA SALE. HOWEVER DUE TO LACK OF GUIDELINES THESE
  TRANSACTIONS ARE ON HOLD. BY ENCOURAGING THIS, SEZ UNITS CAN MINIMIZE THE
  INVENTORY AND AT THE SAME TIME GOVERNMENT CAN ALSO EARN REVENUE, WITHOUT
  DISTURBING ANY OTHER BUSINESS PARAMETERS

GEMS AND JEWELLERY SECTOR -ISSUES

POLICY ISSUES:

RE-EXPORT/DTA SALE OF BROKEN DIAMONDS
 SUGGESTIONS: PROVISION UNDER RULE 34 & 47 ARE EVIDENT AVAILABLE. PROVISION HAS NEVER BEEN
  ANALYZED, ADEQUATELY INTERPRETED AND USED FOR DTA SALE OR RE-EXPORT OF BROKEN DIAMONDS. . IF
  ALLOWED, SEZ UNITS CAN MINIMIZE THE INVENTORY AND GENERATE REVENUE AS WELL AS FOREIGN
  EXCHANGE TO THE COUNTRY.

SIMPLIFICATION OF BROAD BRANDING PROCEDURE/SEVERAL INSTANCES WHEN IT IS INSISTED UPON AND CALLED
   FOR TRIVIAL REASONS.
 SUGGESTIONS: THERE IS NO NEED TO APPROACH THE DEVELOPMENT COMMISSIONER’S OFFICE FOR BROAD
  BANDING PERMISSION SO LONG AS THE ARTICLES REMAINED CLASSIFIED UNDER SUB HEADINGS
  7113,7114,7116,7117 AND 7118 OF CHAPTER 71 OF CUSTOMS TARIFF.

CUSTOMS ISSUES (OPERATIONAL )
 ISSUES WITH NSDL – ONLINE SUPPORT, DIGITAL SIGNATURE, REPORTS ETC
 IMPLEMENTATION OF E-GOVERNANCE AND TIME BOUND ACTION
 GSP AUTHORITIY TO BE GIVEN TO DC INSTEAD OF RESPECTIVE CHAMBERS
 CUSTOMS TO CERTIFY INSTEAD OF NOTARY FOR LUT/BOND
 FREE SAMPLE EXPORT- EDF WAIVER CERTIFICATE
 DELAY IN AMENDMENTS IN SHIPPING DOCUMENTS
OTHER ISSUES
 APR SUBMISSION DATE SHOULD BE 30TH OCTOBER OF EVERY YEAR
 ACCESS TO DTA MARKET BY SEZ UNITS: TO KEEP THE LABORS OCCUPIED DURING
  THE NON-SEASONAL PERIOD,
 RECOMMENDED TO ALLOW CERTAIN PERCENTAGE OF EXPORTS TO TAKE JOB
  WORK FROM DTA
    CONVERSION OF GOODS SUPPLIED BY OVERSEAS CUSTOMERS ON LOAN BASIS
    INTO
 OUTRIGHT PURCHASE.
 PROCEDURE FOR DTA SALE OF JEWELLERY;
 ALLOWING UNITS FIRST CHECK FACILITY OF IMPORT PARCELS WHERE OVERSEAS
  CUSTOMER
 HAS NOT PROVIDED PROPER DETAILS;- VALUATION IS THE ISSUE

14            SOME MORE SERVICES ORIENTED SECTORS:
 HEALTH CARE SERVICES- SPECIAL SERVICE SEZs
                              -DAY CARE AND HEALTH LOUNGE SPECIAL SERVCIES IN IT/ITES SEZs
                              -HEALTH CARE CITY (SERVICE SEZ)
                              -MED TECH SERVICE ZONE
 LOGISTICS SERVICES SECTOR
                             -LOGISTICS SERVICES AT PORT BASED SERVICE SEZ
                              -LOGISTICS SERVICES AT DRY PORT SERVICE SEZ
                              -SERVICES INERNATIONAL AIR PORTS SERVICE SEZ
 TOURISM AND HOSPITALITY SECTOR
 EDUCATION SERVICES SECTOR
 DEFENCE AND AVIATION SEGMENT SERVICES SECTOR
 MEDIA AND ENTERTAINMENT SECTOR
 OTHER SERVICE SECTORS
                SHASHANK SHENDE                                                          04-04-2019

HEALTH CARE SERVICES
 SPECIAL SERVICE SEZS FOR HEALTH CARE SERVICES CAN BE IDENTIFIED NEAR TO
  INTERNATIONAL AIRPORT E.G. SETTING OF MEDICITY IS COMING UP IN ASSOCIATION
  WITH KING’S MEDICAL COLLEGE HOSPITAL, LONDON (UK), AS PART OF THE LARGEST
  HEALTHCARE PROJECT BY THE GOVERNMENTS OF INDIA AND BRITAIN UK AT MIHAN,
  NAGPUR
 DAY CARE AND HEALTH LOUNGE SPECIAL SERVCIES IN IT/ITES SEZS EG. CALLHEALTH
  SERVICES PVT LTD HAS OPENED A HEALTHCARE LOUNGE’ IN PHOENIX AVANCE SEZ,
  GACHIBOWLI
 HEALTH CARE CITY (SERVICE SEZ): FORMATION OF SINGLE PRODUCT DEDICATED
  HEALTH CARE SEZ COMBINED WITH MEDICAL EDUCATION, TOURISM AND
  HOSPITALITY INDUSTRY E.G. DUBAI HEALTH CARE CITY.
 FORMATION OF MED TECH SERVICE ZONE PROVIDING SERVICES LIKE TELEHEALTH
  AND TELEMEDICINE PLATFORM, HEALTH INFORMATICS, PHARMACOVIGILANCE AND
  DRUG SAFETY AND SOCIAL CARE (NON –MEDICAL), SKILL DEVELOPMENT CENTRE
  FOR LIFE SCIENCE, R &D MEDICAL FACILITIES , CENTRE FOR GAMMA IRRADIATION
  ETC

LOGISTICS SERVICES AT PORT BASED SERVICE SEZ:
 ADOPTING THE PRINCIPLES OF CHINA’S BELT AND DRIVE INITIATIVE AT DOMESTIC AND INTERNATIONAL FRONT.
 IMPROVEMENT IN PORT INFRASTRUCTURE AS WELL AS CONSTRUCTION AND UPGRADATION OF
  WAREHOUSING FACILITIES INSIDE PORT.
 SETTING UP OF PORT BASED SERVICES SEZS ACROSS INDIA CLUBBING WITH INDIA’S PRESTIGIOUS SAGARMALA
  PROJECT. EG JNPT AND KANDLA PORT.
 IDENTIFICATION AND MODERNIZATION OF INDUSTRIAL CORRIDORS ACROSS INDIA
    EG. CHENNAI BENGALURU INDUSTRIAL CORRIDOR (CBIC)
     VASAI CONTAINER DEPOT TRANSPORTATION THROUGH WATER ROUTE TO JNPT REDUCING TRAFFIC.
 INDIA TO ADOPT ANTWERP PORT’S VALUE ADDED MODEL FOR A LOGISTIC HUB IN SOUTH EAST.
    HUGE WAREHOUSES PROVIDING VALUE ADDED SERVICES
 DEDICATED SERVICE SEZ PORT FOR SERVICES AND MAINTENANCE OF VESSELS LIKE PANAMAX VESSELS.
 EG MAZAGAON DOCK SHIPYARD AND GOA SHIPYARD , VASCO , GOA CAN BE CONSIDERED ON PILOT
  BASIS
 SHIP BREAKING YARD AT ALANG BHAVNAGAR, GUJARAT CAN ALSO BE CONSIDERED AS SERVICE SEZ FOR
  BREAKING OF SHIPS/VESSELS AND REVAMPING RECYCLING INDUSTRY .
 DEVELOPMENT OF SERVICE SEZ INSIDE FTWZ TO PROVIDE ALL VALUE ADDED LOGISTICS WITH STATE OF ART
  FACILITIES LIKE ON-LINE CUSTOM CLEARANCE SUITABLE FOR MICRO , SMALL AND MEDIUM COMPANIES WITH
    PROMOTING DEDICATED MARITIME SERVICE SEZ INTEGRATED PROJECT WHICH WILL FOCUS ON PROVIDING
    SERVICES FOR MARITIME TRANSPORT, PORT OPERATIONS, FISHING, SPECIALIZED LOGISTICS SUPPORT SERVICES
    AS WELL AS TOURISM, SCIENCE AND SPECIALIZED EDUCATION IN THE SEA SECTOR.

LOGISTICS SERVICES AT DRY PORT SERVICE SEZ
   MODERNISATION OF MULTI MODAL TRANSPORT SYSTEM TO HANDLE THE DRY CARGO BY CONTAINERS.
   EG NAGPUR, TAGGED AS THE CENTRE POINT OF THE NATION COULD SOON BECOME THE EPICENTER OF GIANT LOGISTICS
    ARENA.
   CREATING EFFICIENT AND BARRIER FREE CROSS BORDER LOGISTICS.
   CREATION OF DEDICATED COLD CHAIN SERVICE SEZS
   SYSTEM ALLOWING FREE FLOW OF TRUCKS CROSSING THE INTERSTATE AND COUNTRY BORDER.
   PILOT TRIAL CAN BE PERFORMED FOR SEMI-TRAILER SWAPPING WITH BONDED WAREHOUSE WHICH CAN REDUCE TIME WITH
    STRICT CONTROL AND MONITORING OF CUSTOM ELECTRONIC SEAL WITHIN BUILT GPS FUNCTIONS TO TRACES THE TRUCKS.
   CREATION OF SERVICE SEZ CLUBBING WITH KALADAN MULTIMODAL PROJECT DEVELOPING UNDER ACT EAST POLICY WITH
    UNIQUE FEATURE OF ROAD-RIVER-PORT-CARGO TRANSPORT PROJECT AND SERVICES CAN BE FURTHER EXTENDED TO REST
    OF ASEAN MARKET THROUGH MYANMAR.

                   SERVICES INERNATIONAL AIR PORTS SERVICE SEZ
   SETTING UP OF FREE TRADE ZONE AT INTERNATIONAL AIRPORTS HAVING FACILITIES FOR WAREHOUSING, STORAGE AND
    DISTRIBUTION FACILITIES FOR TRADE, TRANSHIPMENT AND RE-EXPORT OPERATIONS.
   SETTING UP OF INTEGRATED CARGO TERMINAL.

TOURISM AND HOSPITALITY SECTOR:
 TO BOOST TRAVEL SEGMENT , CRUISE TERMINAL ON COASTAL PORTS EG IN MUMBAI
 TO IDENTIFY TOURISM AREAS LIKE IN KERALA , TAMIL NADU AND RAJASTHAN AND TO MAKE
  DEDICATED TOURISM SERVICE SEZ.
 SIMILAR SERVICE SEZ CAN BE IDENTIFIED IN IT/ITES AND MANUFACTURING SEZS WHERE
  FOREIGN VISITORS VISIT FREQUENTLY IN BUSINESS CONNECTION .RESIDENTIAL COMPLEX,
  SERVICE APARTMENTS MALLS AND OTHER COMMERCIAL COMPLEX CAN BE SET UP IN SUCH
  AREAS.
 AHMEDABAD – FIRST WORLD HERITAGE WALLED CITY OF INDIA WITH 600 YEARS OLD LEGACY
  CAN BE PROPOSED AS SEZ TO PROVIDE IMPETUS TO CRAFT, CULTURE AND TOURISM.
 DEVELOPING NORTH EAST SECTOR AS TOURISM SEZ UNDER ACT EAST POLICY 2014 OF
  GOVERNMENT. OTHER SERVICES IN THIS SEGMENT CAN ATTRACT FOREIGNERS FROM SOUTH
  EAST ASIA.
 TOURIST PLACES WITH LARGEST WATER FALLS IN INDIA LIKE NOHKALIKAI FALLS IN MEGHALAYA
  AND JOG FALLS CREATED BY THE SHARAVATHI RIVER IN NOTH KARNATAKA CAN BE
  DESIGNATED AS TOURISM SEZ.SEZ TO BE EQUIPPED WITH ADVANCE TECHNOLOGY LIKE SEA
  WATER REVERSE OSMOSIS FACILITY TO PROVIDE CLEAN WATER.
 NAGPUR- TIGER CAPITAL OR TIGER GATEWAY OF INDIA CAN BE EXPLORED AS TOURISM SEZ
  FOR WILDLIFE AND ADVENTURE TOURISM HAVING 13 TIGER RESERVES OUT OF TOTAL 48 TIGER
  RESERVES

EDUCATION SECTOR SERVICES

 HI -SKILL UNIVERSITIES FOR IMPARTING EDUCATION AND SKILLS TO LOWER EDUCATED EMPLOYEES OF
  LABOUR INTENSIVE SEGMENTS.EG SKILL UNIVERSITY IN MAHENDRA SEZ , JAIPUR
 JV WITH RENOWNED WORLD EDUCATIONAL INSTITUTIONS FOR SPECIALIZED HI TECH COURSES. SETTING
  UP THE EDUCATIONAL CAMPUS WITHOUT DISTURBING DOMESTIC EDUCATIONAL SERVICES.
 SPECIALIZED EDUCATION IN THE FIELD OF LIFE SCIENCE, DRONE TECHNOLOGY, NURSING,
  PARAMEDICAL SERVICES LIKE PHYSIOTHERAPY AND OCCUPATIONAL THERAPY.
 EG, DRONE PILOT (DP) AND DRONE DATA PROCESSOR (DDP) IN VISAKHAPATNAM. ANDHRA PRADESH
  IS THE FIRST STATE IN THE COUNTRY TO LAUNCH TWO SUCH TECHNICAL PROGRAMMES IN DRONE
  TECHNOLOGY.
 C-DAC CENTRE FOR DEVELOPMENT OF ADVANCE COMPUTING.
 SERVICES TO BUILD UP INDUSTRIAL HUMAN CAPITAL DEVELOPMENT SYSTEMS.
 MOU WITH UNDP FOR FACILITATING INVESTMENTS FOR ECONOMIC AND SOCIAL DEVELOPMENT CAN
  BE EXPLORED IN SERVICE SEGMENT FOR FULFILLING THE DREAM OF MAKE IN INDIA INITIATIVE.

DEFENCE AND AVIATION SEGMENT SERVICES

 KARNATAKA – EMERGING AVIATION INDUSTRY HUB OF INDIA
 DEVELOPING AEROSPACE ECO SYSTEM IN DEDICATED SEZS.
 EG AEROSPACE AND MRO PROJECTS AT MIHAN
 DEVELOPMENT OF MRO (COMMERCIAL MAINTENANCE AND OVERHAUL) HUB FACILITIES AT MIHAN
 MAINTENANCE AND SERVICES OF COMMERCIAL AIR PLANES .

MEDIA AND ENTERTAINMENT

 TO UPGRADE FILM CITY MUMBAI AND RAMAJI STUDIOS AS SERVICE SEZ
 TO CREATE INTERNATIONAL FILM INSTITUTE
 TO EXPLORE OTHER ENTERTAINMENT SERVICES
 CREATION OF SPECIAL ENTERTAINMENT ZONES IN SERVICE SEZ FOR ONLY FOREIGN TOURIST FOR
  GAMING LIKE CASINOS AND OTHER ENTERTAINMENTS.

                   OTHER SERVICE SECTORS
 DEDICATED SERVICE SEZS( IFSC ) COVERING OTHER AREAS LIKE FINANCIAL, BANKING, INSURANCE,
  NON-FINANCIAL/BUSINESS, OUTSOURCING, RESEARCH AND DEVELOPMENT, COURIER AND TECHNICAL
  TEST ANALYSIS , TRADING AND PRODUCT DEVELOPMENT CENTRE ETC CAN BE CONSIDER AND FURTHER
  STRENGTHEN.

MAJOR FACTORS FOR SUCCESS AND LESSONS LEARNED FROM CHINA SEZ
 STRONG COMMITMENT AND SUPPORT OF THE GOVERNMENT TO PILOT MARKET-
  ORIENTED ECONOMIC REFORMS.
 LAND REFORMS.
 INVESTMENT INCENTIVES AND INSTITUTIONAL AUTONOMY.
 FOREIGN DIRECT INVESTMENT AND THE CHINESE DIASPORA.
 TECHNOLOGY LEARNING, INNOVATION, UPGRADING, AND STRONG LINKS WITH THE
  DOMESTIC ECONOMY.
 INNOVATIVE CULTURES.
 CLEAR OBJECTIVES, BENCHMARKS, AND COMPETITIONS
 LOCATION ADVANTAGES

                                    Source: Working Paper by World Bank Group)

SUGGESTIONS

 COMMON FACILITIES CENTRE FOR MSME SECTOR IN ALL SEZS
 CLUBBING OF MSME POLICIES WITH SEZs POLICIES FOR MAXIMUM BENEFIT
 FOCUS ON AGRICULTURE, PRIVATE SECTOR INVESTMENT, VALUE CHAIN DEVELOPMENT.
  DOMESTIC AND EXPORT POTENTIAL.
 SEZ DEVELOPMENT ON PPP (PUBLIC , PRIVATE , PARTNERSHIP ) MODEL
 INDEPENDENT SEZ INVESTMENT COMPANY LTD ( PROPOSED)
 LOCAL AND FOREIGN PRIVATE INVESTORS
 SETTING OF SPECIAL SEZ COURTS /TRIBUNAL/ARBITRATION FOR FAST TRACK REDRESSAL OF
  SEZ MATTER
 HIGH TECH TRANSPORTATION FOR MANUARING OF RAW MATERIAL AND FINSIHED
 TRIPLE HELIX MODEL ( ACADEMIA- INDUSTRY –GOVERNMENT)