India, June 22 -- In an era of countries competing for global supply chains and increased exports, Special Economic Zones (SEZs) are once again being identified as strong drivers of industrial growth. Gujarat has then further consolidated its lead in this race by approval of two new SEZ projects by Essar Power and the Arham SEZ (I) Pvt Ltd. The two projects will produce exports valued at 27,600 crore and create almost 10,000 jobs, marking the state's increasing contribution to India's manufacturing and export goals.

What are Special Economic Zones (SEZs) A Special Economic Zone refers to a geographical region that is given the status of foreign territory in respect of commercial and custom purposes. The goods exported from the domestic m...