Countries are continuously looking for strategies to accelerate their economic growth and draw foreign investment in an era of globalisation and expanding international commerce. Special Economic Zones (SEZs) have become effective resources for attaining these goals. Through the provision of an ideal business environment that promotes innovation, growth, and trade through the provision of fiscal incentives, simplified regulatory frameworks, improved infrastructure, and the availability of a skilled and efficient workforce, it has grown to become a significant driver of economic growth over time. The Free Trade Zone Mumbai (FTWZ) is one such SEZ that has gained a lot of popularity recently and has the potential to lower logistical costs, increase efficiency, and boost export competitiveness.Read more