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of <h1>Amendments to SEZ Rules, 2006: Lower Land Requirements, New Agro-Sector, and IT/ITES Criteria Updated for Better Investment.</h1> The circular addresses amendments to the Special Economic Zones (SEZ) Rules, 2006, aimed at improving the investment environment and resolving challenges faced by SEZ developers and units. Key changes include reducing minimum land area requirements for setting up SEZs, introducing an agro-based food processing sector, and eliminating land requirements for IT/ITES SEZs, which now have minimum built-up area criteria based on city classification. The circular also introduces sectoral broad-banding, a graded scale for minimum land criteria, and clarifies vacancy norms. Additionally, it outlines conditions for de-notification of land and norms for asset transfer by SEZ units.
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