| Key regulators for SEZs in India are : |
| |
|
|
| Central Government |
: |
Overall authority for governing, notifying SEZ and granting LOA |
| State Government |
: |
Receives and forwards the proposal with recommendations to
the Board of Approval |
| Board of Approval |
: |
Considers proposals for setting up SEZ and Units in SEZ
(proposal for units relating to foreign collaborations and Foreign Direct Investment) |
| Approval Committee |
: |
Considers proposals for setting up of Units in SEZ, monitoring performance, and supervises import or procurement by |
Developer/ Units in SEZ. Approval Committee is required to
be set-up by Central Government within six months from the
date when a SEZ is notified. |
| SEZ Authority |
: |
Undertakes measures for the development, operationalization and management of the SEZ |
| Development Commissioner (“DC”) |
: |
Responsible for administrative control of the SEZ |
Special Economic Zone Act 2005