India over the past decade has progressively opened up its economy to face the challenges and opportunities of the 21st century. To instill confidence in investors and to signal the Government's commitment towards a stable SEZ policy regime—the Special Economic Zones Act, 2005 was passed by the Parliament in May, 2005. The Act came into effect on February 10, 2006.

Out of the 234 formal SEZ approvals given till date, 80 approvals are for Textiles and Apparels, Leather Footwear, Automobile components, Engineering and other sector specific SEZs—which would involve labor intensive manufacturing. The employment projected in the 63 SEZs notified so far is over 1,575,452 additional jobs. SEZs are thus going to lead to creation of employment for large number of unemployed rural youth. Investment of the order of Rs. 100,000 crore including FDI of US $ 5 to 6 billion is expected by the end of December 2007. 500,000 direct jobs are expected to be created by December 2007.

Information Technology (IT) Parks, on the other hand are an important tool of industrial development. Creation of IT Infrastructure is being given emphasis so that Industry can utilize this infrastructure for modernization to increase productivity.  India has emerged as the 21st century’s information technology powerhouse, offering many advantages as a global sourcing hub, especially for IT enabled services (ITeS) and Business Process Outsourcing (BPO). State-of-the-art infrastructure in countrywide IT Parks, highly skilled manpower, low development costs and a time zone that allows round-the- clock operations establishes India as world’s preferred supplier of information technology services.

Feedback Ventures provides a wide array of services to large and small SEZs and IT Parks across the country.