Social Economic Zone commonly known as SEZ has now become a major source of economic growth for India. The SEZ in India is not only intent for an economic growth but also to provide highly developed infrastructure with a good financial package. Today SEZ have become a large attraction point for not only domestic but also for the foreign investment. SEZ in India gained its function from 1st November 2000 to 9th February, 2006, under provision of Foreign Trade policy. SEZ in India is provided with a limitation or specific …

For the past decade or so there has been a lot of media interest in China’s rise as an economic powerhouse. And, lately, the international media has begun to speak in one breath of China-India. This has led to a lot of speculation, comparisons and debate among all those who are interested academically or for other reasons.
China has long been investing in its infrastructure and the results are there to see – spanking new highways, airports and a lot more. Much of the investment has come from abroad and has …

Globalisation has become the need of the day for every country of the world – be it small or big, developed or developing nation, Globalisation, which started as back as 1980, has spurred due to technological advancement in the areas of transport and communication and by the selection of big developing nations to bring necessary improvement in investment climate and to open up to international trade and investment. The most encouraging aspect is that for the first time, poor nations are trying hard with desire and commitment to harness the …

For over a century the United States has been the largest economy in the world. Major shifts have however taken place in the last two decades. During the last 30 years the weight of the world economy has shifted from the US and the rich countries of Europe to China and India.
Of late, economists of all hues have been unanimously proclaiming the emergence of India and China as economic superpowers in the not-too-distant future. The World Bank says India will become the third largest economy after China and the US …