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India (Issues facing continued growth (Major corruption, poorly operating…
India
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Key industries
Iron+Steel - 4th largest producer of steel, 89 million tonnes between 2011-12, FDI worth $1,765 million
IT industry - GDP 1.2% in 97-98, 7.5% 11-12
Tourism - $100 billion in 2008, 9.4% predicted annual growth, contributes 6.3%
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SEZ
SEZ zone policy implemented in 2006 with aims to generate additional economic activity/promote export good and services
Work via providing tax incentives on imports and exports, exemption from tax, better supply of water, power and sewage, improved infrastructure and increased and increased safety measure
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