I am not sure which industries are being targetted via this SEZ. As far as IT industry is concerned, having an STPI (software technology park) is good enough. I am not sure if Bangalore has SEZ for instance.
IT industry needs good telecom, good power, and good skilled engineers. Besides, IT industry needs a brand (to attract customers) , and no uncertainties such as strikes, bandhs etc. To begin with, the Bangalore brand can be leveraged. The trend for the IT industry is to go to lower cost places. Wipro for instance is banking big on Orissa. Wipro was to come to Goa, but apparently has changed its mind. Why? Inviting IT giants to open a division of theirs in Goa will slowly help Goa build a brand in IT. Once the brand is built, it is a positive feedback loop whereby entreprenuers will automatically come to Goa. However, for the biggies to come to Goa, they have to be offered a better deal than what they get in Bangalore and (now) other competing places. regards, Samir Kelekar