Copy of growIT webinar on SP Infocity at MIHAN Nagpur
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Transcript of Copy of growIT webinar on SP Infocity at MIHAN Nagpur
growIT.initiativeFor emerging city Nagpur in association withan initiative by
growIT Webinar on SP Infocity –IT/ITES SEZ at MIHAN Nagpur
Faiz and Vibhushan
www.growIT.in | www.pManifold.com
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Agenda
• growIT.in – An Introduction
• Update on IT Industry @ Nagpur
• IT Infrastructure Options @ Nagpur
• SP Infocity Project
• About pManifold and Q&A Session
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Section I
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growIT.in – An Introduction
A pManifold initiative aimed at
– Generating market intelligence for Nagpur IT industry
– Providing visibility to Nagpur-based IT businesses
– Helping grow Nagpur IT industry and positioning it as a promising IT destination globally
Stakeholders for this initiative
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Local IT Companies Improve Visibility
Attract Talent Grow Business
Global IT Companies Discover IT @ Nagpur
Start Nagpur OperationsHire Nagpur IT Talent
IT Professionals Updates on Nagpur IT
Opportunities @ NagpurContribute to Nagpur IT
growIT.in Activities
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Online Portal
– Updates on Nagpur IT/ITES Industry (News, Events)
– Expert Talk: Interactions with Leaders @ Nagpur IT
Research Reports
– Market Intelligence Report on Nagpur IT Industry (link)
– Database of more than 100 IT companies in Nagpur (link)
Strategic Advisory (through pManifold)
– Growth Strategy & Marketing Consulting
– Business Development, Product Management, Strategic Talent Acquisition services
Section II
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Important News
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TCS investing Rs. 600cr in Nagpur – Constructing IT/ITES campus spanning 54 acres at MIHAN– Phase 1 to seat 8,200 professionals – total capacity will of 16,000
seats– Phase 1 Completion by July 2013
Shapoortji Pallonji Infocity at MIHAN– SP Infocity is an IT/ITES SEZ at MIHAN– 2.3 lakh sq.ft. of construction complete and ready for occupation
Campus Recruitment by IT Companies at Nagpur– Accenture picked up 200 students from RKNEC, Wipro made 81
offers – Avg. salary at entry level is approx. Rs. 3.2 lpa (10-15% increase
over last year)– Approx. 12,000 engineers graduate every year from 35 engineering
colleges in Nagpur
Nagpur IT Industry in Numbers
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Number of IT Companies– 160+ including companies serving domestic markets
– 97 registered with STPI (46 actively reporting) doing IT exports
Software Export from Nagpur– Rs. 13,498 lac. (USD 28.72 million) (2009-2010, latest figures
expected)
– 8.23% CAGR over 3 years
IT workforce at Nagpur– 3500+ (covering only for export oriented companies)
– 15% year-on growth
– 8% attrition
– Avg. 3-5 yrs. Experience
Section III
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IT Infrastructure Options in Nagpur
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STPI, Nagpur– 2 IT Parks established under STPI at Parsodi and Sadar
– 97 members, 3,300+ IT professionals working at STPI, Nagpur
Private Software Parks– Lambent IT Park (occupied by GlobalLogic)
– Upcoming: Empress City Mall IT Park, Mantri Group’s IT Park
IT/ITES SEZ– Multi-product SEZ at MIHAN – spanning 3454 hectares
– SP Infocity, TCS setting up IT/ITES SEZ at MIHAN
Vidarbha Asso. of Software Exporters (VASE)– 50+ members
– Regular events, seminars in association with NASSCOM and Vidarbha Economic Development (VED) board
Section IV
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Shapoorji Pallonji – Known Name in Building IT Parks
Shapoorji Pallonji (SP) –
» Industry pioneer with 146 years of construction experience
» Wide experience of building IT SEZ projects, IT Parks (non-SEZ) covering more than 20 mn sq. ft. (cumulative)
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SP has built Infocity (IT Parks) in:
- Pune- Gurgaon- Manesar
IT Parks proposed at Mysore, Kolkata & Durgapur
- Chennai- Mohali- Nagpur
SP Infocity houses IT companies like
- IBM- Syntel- Honeywell- Accenture
World-class facilities for IT/ITES firms with SEZ features
- Amazon- Nokia- HSBC- Seimens
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SP Infocity, Nagpur – The Emerging IT Destination
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World Class Facility for IT/ITES Companies in Emerging IT Hub of Nagpur
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SP Infocity, Nagpur – The Opportunity
» Notified IT/ITES SEZ of 100 acres» Total planned development of approx. 7.7mn sq.ft.
» Part of world-class MIHAN IT Park at Nagpur» Just 6kms away from airport, well-connected by road
» 2.3L sq.ft. of construction already complete» Incubation center (150-200 seats) ready to be occupied
» Large floor plate area of approx. 50k sq. ft.» Flat slab RCC construction
(8.4m X 8.4m column grid, 3.6m ceiling height)
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SP Infocity, Nagpur – The Benefits
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100% uninterrupted power supply at subsidized rate of Rs. 2.97/unit
(Existing rate is Rs. 6/unit in Nagpur city and Rs. 7/unit in metros)
Data & Voice connectivity by multiple players (BSNL, Reliance, Tata)
Options of warm shell and fully fitted spaces
Proposed clubhouse with gym, swimming pool, Jacuzzi, games, etc.
Proposed day-care and other utilities
Infrastructure Benefits Income Tax Benefits Indirect Tax Benefits
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SP Infocity, Nagpur – The Benefits
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Profit-linked Exemptions
1-5 years – 100% exemption
6-10 years – 50% exemption
11-15 years – 50% exemption on ploughed-back profits
100% Foreign Direct Investment (FDI) allowed
Investment linked exemption as per proposed benefits under DTC
Income Tax BenefitsInfrastructure Benefits Indirect Tax Benefits
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SP Infocity, Nagpur – The Benefits
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Exemption from
- Excise Duty
- Custom Duty
- CST
- Service Tax (exemption/refund)
- Electricity Duty (subject to developer approval from State Electricity Board)
Supplies from Domestic Tariff Area (DTA) to SEZ are treated as exports and are eligible for export incentives
Stamp Duty waiver expected from Govt. of Maharashtra
Indirect Tax BenefitsInfrastructure Benefits Income Tax Benefits
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Section V
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About pManifold
pManifold – Strategic Advisory Firm for Sustainable Growth Through
Stakeholder Engagement
Strategic Consulting
Targeted Research
Team pManifold:
Globally Connected, Locally Immersed, Functionally Diverse, Knowledge Driven
Management Team:Rahul Bagdia (Profile Link) –
» Dual Masters (Mech. & EECS) from Uni. of Michigan, Ann Arbor, USA
» BE (Mech.) from NIT, Nagpur
Faiz Wahid (Profile Link) –» MBA from HEC Paris/ Uni. of Virginia, USA» MS (Software Engg.) from BITS, Pilani» BE (Elec.) from NIT, Nagpur
Vibhushan Waghmare (Profile Link) –» MBA from IIM Ahmedabad» BE (Elec.) from NIT, Nagpur
Advisory Board:
Dr. Ashok Jhunjhunwala(Prof. at IIT Madras)
Dinesh Jain(Founder of Agaami Inc., USA)
T.R. Krishnaswamy(Founder of Energreen Power)
Dr. M. Vidyasagar(Prof. at Uni. of Texas, Dallas)
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Let’s get in touch…
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Confidentiality: This document contains information and data that pManifold considers confidential. Any disclosure of Confidential Information to, or use of it by any other party, will be damaging to pManifold. Ownership of all Confidential Information, no matter in what media it resides, remains with pManifold.
Rahul Bagdia
+91 95610-94490
Faiz Wahid
+91 88056-55069
Vibhushan Waghmare
+91 97664-91625
India (Main office)
Crystal Plaza, Level 2
276 Central Bazaar Road,
Ramdaspeth
Nagpur - 440010
Maharashtra, INDIA
http://www.pmanifold.com
USA (Liaison Office)
2020 Calamos Ct.,
Suite 209
Naperville,
IL 60653, USA
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