The concept of Special Economic Zones (SEZs) is not new in India; it has evolved from Export Processing Zones and Software Technology Parks (STPs). Favourable government policies have encourages SEZ set-up and boosted the employment and infrastructure development in India. The report provides an overview of SEZs including SEZ evolution in India, types of SEZs and minimum land area requirements fro setting up SEZs and life cycle of SEZ set up. Establishment procedure outlines legal and regulatory framework for SEZ in India and various requirements that need to be fulfilled by the SEZ developer and unit operating in SEZ. The report highlights the various incentives available to developer for setting up SEZ and to unit operating in SEZ. The report provides a brief scenario of SEZs in India and analyses SEZ distribution terms, approval status, geographic and sector wise distribution. The report also analyses performance of SEZs, based on parameters such as share of SEZ export in India’s total exports, sector wise exports, investments and employment generated.