This study examines Special Economic Zones (SEZs) and their impact on industrial development, with a focus on growth, investment, employment generation, and exports. SEZs were introduced as policy instruments to promote industrialization through tax incentives, simplified regulations, and improved infrastructure. The study analyzes how SEZs have contributed to regional development and enhanced industrial competitiveness. At the same time, it highlights key problems such as land acquisition issues, displacement of local communities, policy instability, and uneven regional growth. Challenges relating to environmental sustainability, labor conditions, and integration with the domestic economy are also discussed. The study aims to assess whether SEZs have achieved their intended objectives and to suggest measures for improving their effectiveness.
M.D.Chinnu et al. (2026) studied this question.