ABSTRACT
Inspired by the success of the Special Economic Zones (SEZs) in China, the Indian government introduced a similar policy through the ratification of the SEZ Act in June 2005. This policy consists of extending sweeping economic concessions to foreign as well as domestic corporate developers intending to set up either single or multiple product SEZs. According to this policy, the land needed for these SEZs would be acquired by the government for the private corporate promoter.