International Journal of Commerce and Management Research

Authors
Dr. Elangovan A, Dr. Palanisamy SKP

Abstract
The Special Economic Zones (SEZs) was primarily introduced with the purpose of promoting the foreign trade of the country. The research paper concentrates on the economic contribution made by these SEZs in the country towards the international trade. The literature survey held on this arena has revealed that the economic contributions of the SEZs were measured on the aggregate without any scientific analysis and the indicators taken for the economic performance was restricted to exports and imports. In order to rectify this gap this research paper aimed to involve more economic indicators like investment, employment, balance of trade and foreign direct investment and also to concentrate on regional classification based on which the VSEZs was selected due to its turnover capacity. The research paper also aimed at measuring the various sectors that are contributing towards the growth of SEZs and also its own growth. The research utilized the descriptive statistics like percentage analysis, mean and standard deviation for reflecting the SEZs performance. Based on the analysis it was concluded that the SEZs were contributing towards the foreign trade marginally. Even though the trends were encouraging the contribution pattern of the VSEZs is highly volatile.