Special Economic Zones (SEZs) are designated areas within a country that have different economic regulations than the rest of the country. These zones are created to attract foreign investment, boost exports, and promote economic development. Businesses operating in SEZs often benefit from tax incentives, reduced tariffs, and less stringent regulations. Countries around the world, including China and India, have established SEZs to stimulate growth in specific industries. By providing a more favorable business environment, SEZs aim to create jobs, enhance infrastructure, and encourage technology transfer, ultimately contributing to the overall economic progress of the nation.