Though the Government of India have been sanctioning SEZs at a breakneck pace in the last couple of years under the SEZ Act 2005, it well known that the sanctions have not been translating into action on the ground. Now, the Commerce Ministry has acknowledged the same in a first of its kind status report on industrial units within SEZs. The report says that only 343 industrial units are presently working in the 253 SEZs (56 in 2006, 133 in 2007, and 64 so far in 2008) notified so far. Of the 253 notified, only 90 SEZs have become operational.
More on the Indian SEZs is available in an earlier post here.
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