The Government of India is planning to create coastal economic zones along the country’s 7,500 Km long coastline, covering many states, port and special economic zones, having uniform policy to boost manufacturing. These zones would attract investment as well as workforce to create facilities for domestic production and exports.
The Indian Government wants to create coastal economic zones where investors will be provided a host of incentives and facilities uniformly across the towns, cities, ports and states.
This idea is, however, at the conceptual stage. In the present scenario, these costal economic zones could come up in Maharashtra, Gujarat, Tamil Nadu and Andhra Pradesh. This decision represents a further step to the growth of the Indian economy.