Biju Chacko [29/01/08 10:17 +0530]:
Just to note, if I'm not mistaken in China SEZs seem to be entire regions governed by different laws. In India my impression is that SEZs are typically industrial parks[1] under specific regulations -- more akin to the old "bonded warehouse" regs that software companies used to work under.
Yes, you're perfectly right. And most of those regulations - bonded warehouse type - involve tax breaks, customs duties and such. You are not going to find one of those large scale slave farms the chinese run out here.. not in SEZ anyway. Look at the fireworks factories in Sivakasi, or a few other such industries that employ child labor (and that the authorities keep cracking down on once in a while)
