Special Economic Zone designation establishes a sector-specific SEZ with an Approval Committee and customs depot recognition. Notification designates specified survey numbers in Karnataka as a sector-specific Special Economic Zone for Light Engineering Goods and Services after statutory approval, lists the land extent, and records satisfaction of the Act's preconditions. It constitutes an Approval Committee with named ex officio members and a developer representative to perform statutory oversight and declares the zone to be an Inland Container Depot under the Customs Act, integrating customs recognition into the SEZ's legal status.