Preferment of export always ends up in rapid economic process of any country. Exports have appreciably contributed to economic prosperity of India in the number of decades. Indian international trade policies before 1947 were much paid notice on self-reliant and thus more focus was laid on least dependence on international trade as a source of income. This influenced the economy and thus concluded in degradation of state of living of individuals. With the intention to accommodate this and to advance the living standards of individuals the government of India framed the policy of „import-substituting‟ industrialization. To implement this policy into practice, the government framed a composite, massive and sometimes expensive system related with cost control and quantitative restrictions but this abrupt extension was backed by an outsized accounting deficit. The trouble to extend the competence and competitiveness of Indian businesses led to the inspiration of the Special economic zone. The commencement of Special Economic Zone (SEZ) in India in the year 2000 observed many advantages. Earlier to the current the export policy of India was charged with heavy tax and duties but with the concept to push the export and development of those zones, the government of India eased the export policy. This day special economic zone characteristically includes a geographically bordered area, usually materially secured (fenced-in); one management/administration; eligibility for advantages based upon corporeal location within the zone; detached customs area (duty-free benefits) and single window procedures. Special economic zone are such industrial zones founded by Indian government to draw in foreign companies to take a position in the country. Managing trade these zones normally means company gets tax benefits and also the incentive to pay lower tariffs. In general, the aim of this scheme is to draw in more foreign investment generally via a foreign country business or a global business or say exports. Thus, conception of SEZ causes amplified trade, larger investment, formation of more job opportunities and successful management and administration.

Keywords: Industrialization, Geographical, Financial Policies, Opportunities, Regulations, Export.