The zones are typically located in the vicinity of ports of air and sea, therefore making the import and export process more convenient. Companies do not require as much government approval for practices as firms outside of the zone, with labor laws being more flexible.

How many export processing zones are there in India?

The study focuses on the export performance of seven zones in India. These are, namely – Kandla, Santacruz , Falta , Noida, Chennai (Madras) , Cochin and Vizag. The terms SEZ and EPZ are used interchangeably in the text.

How many export processing zones are there in the world?

Over the past decade, the popularity of Export Processing Zones (EPZs) has grown in many countries across the global south. There are now over 4,000 EPZs, which is over 3,000 more than 20 years ago.