Industry pushes major SEZ reforms as government panel starts consultations
Why it matters
Why it matters for greenfield investors: Industry pushes major SEZ reforms as government panel starts consultations. Regulatory changes move the critical path for greenfield consents. Read the analysis before assuming an approval calendar.
The government’s SEZ reform committee has begun consultations to modernise India’s export promotion framework. Industry stakeholders have proposed key changes, including duty-foregone domestic sales, reverse job work flexibility, rupee payments for domestic services, and alignment of SEZ rules with EOU and MOOWR schemes. The reforms aim to simplify compliance, enhance competitiveness, and create a more business-friendly ecosystem for manufacturing and services growth.