Only such applications which satisfy the requirements laid down in the Special Economic Zones Act, 2005 and the Special Economic Zones rules, 2006 and have been duly recommended by the State Governments concerned, are considered by the Special Economic Zones (SEZs) Board of Approval.
It is not possible to estimate the number of SEZs that would be set up in the next three years.
However, after the SEZ Act, 2005 and SEZ Rules, 2006 came into effect on 10th February, 2006, 237 formal approvals for setting up SEZs have been granted of which 103 SEZs have been notified while 3 have been withdrawn/cancelled.
This was stated by the Minister of State for Commerce, Shri Jairam Ramesh in a written reply in the Rajya Sabha.
Press Information Bureau Government of India