Baba Kalyani, Chairman, Bharat Forge

Government of India has constituted a group of eminent persons to study the Special Economic Zones (SEZ) Policy of India.

The SEZ Policy was implemented from 01^st April, 2000. Subsequently the Special Economic Zones Act, 2005 was passed by Parliament in May, 2005 and received Presidential assent on the 23^rd of June, 2005 and the Special Economic ZoneAct was enacted. The SEZ Act, 2005, supported by SEZ Rules, came into effect on 10^th February, 2006.

The group will evaluate the SEZ policy, suggest measures to cater to the needs of exporters in the present economic scenario and make the SEZ policy WTO compatible, suggest course correction in SEZ policy, make comparative analysis of the SEZ scheme and dovetail the SEZ policy with other similar schemes.

The Group is required to submit its recommendation in 3 Months’ time.

S. No.	Name of the Members
1	Shri Baba Kalyani, Chairman, Bharat Forge	Chairman
2	Shri RavindraSannareddy, MD, Sricity SEZ Ltd.	Member
3	Shri Neel Raheja, Group President, K. Raheja Group	-Do-
4	Shri ArunMisra, MD, Tata Steel SEZ Ltd.	-Do-
5	Ms. Anita Arjundas, MD, Mahindra Life Space Developer	-Do-
6	Shri Ajay Pandey, MD & Group CEO, GIFT City SEZ ltd.	-Do-
7	Shri SrikanthBadiga, Director, Hyderabad Phoenix Developer	-Do-
8	Principal Secretaries (Industries) of Gujarat, Maharashtra, Telangana, Andhra Pradesh, Tamil Nadu & Karnataka	-Do-
9	Additional Secretary (In-charge of SEZ Division, Department of Commerce)	Member Secretary
10	Director (SEZ), Department of Commerce	Coordinating Officer

SEZ policy review to assess exporter needs and recommend WTO-compatible reforms and scheme alignment. A high-level review group is constituted to examine the SEZ policy, assess its adequacy for exporters, ensure WTO compatibility, propose course corrections, conduct comparative analysis with similar schemes, and recommend ways to dovetail SEZ provisions with other domestic incentive frameworks; the group combines private sector SEZ developers and senior industry officials with Department of Commerce secretariat support and must deliver time-bound recommendations.