Description: Performance of Export Processing Zones in India examines the role of special industrial zones established to promote exports, attract foreign investment, and generate employment. In India, Export Processing Zones (EPZs) were introduced to provide infrastructure, tax incentives, and simplified regulations for export-oriented industries. Over time, many EPZs were transformed under the Special Economic Zones Act, 2005 to enhance competitiveness and global integration.
The performance of these zones is evaluated based on export growth, foreign direct investment inflows, employment generation, and technological advancement. While EPZs have contributed significantly to industrial development and foreign exchange earnings, challenges such as infrastructure gaps, policy stability, and global market fluctuations continue to influence their overall effectiveness.