Commerce Ministry Seeks Input on SEZ Reform Proposals

05 Jul 2024 CW Team

The Commerce Ministry has invited inputs from stakeholders on proposed reforms for Special Economic Zones (SEZs) in India. This initiative aims to revitalize SEZs, making them more attractive for investors and aligning them with current economic needs.

The Ministry's reform proposals focus on enhancing the operational efficiency of SEZs, improving their competitiveness, and ensuring they contribute more significantly to the national economy. Key areas of reform include simplifying administrative procedures, easing regulatory compliances, and offering more flexible land use policies.

Stakeholders, including industry bodies, SEZ developers, and business enterprises operating within SEZs, are encouraged to provide their feedback. The Ministry seeks to incorporate suggestions that will foster a more conducive business environment, attract foreign investments, and boost exports.

One of the significant aspects of the proposed reforms is the introduction of new incentives and support mechanisms to encourage investment in SEZs. These include tax benefits, streamlined approval processes, and enhanced infrastructure support. The aim is to create a more dynamic and investor-friendly ecosystem within SEZs.

The Ministry also plans to address issues related to existing SEZ policies that may be hindering growth. By engaging with stakeholders, the government hopes to identify and eliminate bottlenecks, ensuring SEZs can function more effectively and contribute to economic growth.

This call for inputs is part of a broader strategy to modernise India's SEZ framework, making it more responsive to global market trends and technological advancements.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..