Volume : III, Issue : X, October - 2013

Performance Evaluation of Special Economic Zones

Dr. A. Elangovan, S. K. P. Palanisamy

Abstract :

The Globalised era has created waves of impact on the world trading community. The impacts have compelled the world countries to blend their policies to the needs of the current international trade. On the innovative front there are many policies tested out to promote the international trade of each country. One such policy introduced was the Special Economic Zones. These zones enabled the world countries to promote their exports and Foreign Direct Investment (FDI). To testify the performance of the Special Economic Zones, this research paper has took an attempt to study one of the Special Economic Zones (SEZ) operating in India. The SEZ, Chennai was established as an Export Processing Zone on 1983 and later converted into Special Processing Zone in 2003. This research paper evaluated the performance of this zone by using the secondary data over a period of 10 years. The percentage analysis has been used to analyse the data. The SEZ, Chennai has been performing well and the trend during the study period to an certain extent has been fluctuating and study remarked that it has been due to agriculture and granite sector which has no exports in the last two financial years. The research paper concluded on the note that with the implementation of the suggestions and Stringent laws on FDI will help to still improve the performance of the SEZ, Chennai.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. A. Elangovan, S. K. P. Palanisamy / Performance Evaluation of Special Economic Zones / Indian Journal of Applied Research, Vol.3, Issue.10 October 2013

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