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Copy of growIT webinar on SP Infocity at MIHAN Nagpur

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growIT.in – An Introduction …

growIT.in – An Introduction
Update on IT Industry @ Nagpur
IT Infrastructure Options @ Nagpur
SP Infocity Project
About pManifold

Published in: Business, Technology
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  • 1. For emerging city Nagpur an initiative by in association with growIT.initiative growIT Webinar on SP Infocity – IT/ITES SEZ at MIHAN Nagpur Faiz and Vibhushan www.growIT.in | www.pManifold.com1/3/2012 www.growIT.in | Copyright (c) pManifold 1
  • 2. Agenda• growIT.in – An Introduction• Update on IT Industry @ Nagpur• IT Infrastructure Options @ Nagpur• SP Infocity Project• About pManifold and Q&A Session1/3/2012 www.growIT.in | Copyright (c) pManifold 2
  • 3. Section I1/3/2012 www.growIT.in | Copyright (c) pManifold 3
  • 4. growIT.in – An IntroductionA 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 globallyStakeholders for this initiative Local IT Companies Global IT Companies IT Professionals Improve Visibility Discover IT @ Nagpur Updates on Nagpur IT Attract Talent Start Nagpur Operations Opportunities @ Nagpur Grow Business Hire Nagpur IT Talent Contribute to Nagpur IT1/3/2012 www.growIT.in | Copyright (c) pManifold 4
  • 5. growIT.in ActivitiesOnline Portal – Updates on Nagpur IT/ITES Industry (News, Events) – Expert Talk: Interactions with Leaders @ Nagpur ITResearch 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 services1/3/2012 www.growIT.in | Copyright (c) pManifold 5
  • 6. Section II1/3/2012 www.growIT.in | Copyright (c) pManifold 6
  • 7. Important NewsTCS 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 2013Shapoortji Pallonji Infocity at MIHAN – SP Infocity is an IT/ITES SEZ at MIHAN – 2.3 lakh sq.ft. of construction complete and ready for occupationCampus 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 Nagpur1/3/2012 www.growIT.in | Copyright (c) pManifold 7
  • 8. Nagpur IT Industry in NumbersNumber of IT Companies – 160+ including companies serving domestic markets – 97 registered with STPI (46 actively reporting) doing IT exportsSoftware Export from Nagpur – Rs. 13,498 lac. (USD 28.72 million) (2009-2010, latest figures expected) – 8.23% CAGR over 3 yearsIT workforce at Nagpur – 3500+ (covering only for export oriented companies) – 15% year-on growth – 8% attrition – Avg. 3-5 yrs. Experience1/3/2012 www.growIT.in | Copyright (c) pManifold 8
  • 9. Section III1/3/2012 www.growIT.in | Copyright (c) pManifold 9
  • 10. IT Infrastructure Options in NagpurSTPI, Nagpur – 2 IT Parks established under STPI at Parsodi and Sadar – 97 members, 3,300+ IT professionals working at STPI, NagpurPrivate Software Parks – Lambent IT Park (occupied by GlobalLogic) – Upcoming: Empress City Mall IT Park, Mantri Group’s IT ParkIT/ITES SEZ – Multi-product SEZ at MIHAN – spanning 3454 hectares – SP Infocity, TCS setting up IT/ITES SEZ at MIHANVidarbha Asso. of Software Exporters (VASE) – 50+ members – Regular events, seminars in association with NASSCOM and Vidarbha Economic Development (VED) board1/3/2012 www.growIT.in | Copyright (c) pManifold 10
  • 11. Section IV1/3/2012 www.growIT.in | Copyright (c) pManifold 11
  • 12. Shapoorji Pallonji – Known Name in Building IT ParksShapoorji 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) SP has built Infocity (IT Parks) in: SP Infocity houses IT companies like - Pune - Chennai - IBM - Amazon - Gurgaon - Mohali - Syntel - Nokia - Manesar - Nagpur - Honeywell - HSBC - Accenture - Seimens IT Parks proposed at Mysore, World-class facilities for IT/ITES Kolkata & Durgapur firms with SEZ features 121/3/2012 www.growIT.in | Copyright (c) pManifold
  • 13. SP Infocity, Nagpur – The Emerging IT Destination World Class Facility for IT/ITES Companies in Emerging IT Hub of Nagpur 131/3/2012 www.growIT.in | Copyright (c) pManifold
  • 14. 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) 141/3/2012 www.growIT.in | Copyright (c) pManifold
  • 15. SP Infocity, Nagpur – The BenefitsInfrastructure Benefits Income Tax Benefits Indirect Tax Benefits 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 151/3/2012 www.growIT.in | Copyright (c) pManifold
  • 16. SP Infocity, Nagpur – The Benefits Infrastructure Benefits Income Tax Benefits Indirect Tax Benefits 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 161/3/2012 www.growIT.in | Copyright (c) pManifold
  • 17. SP Infocity, Nagpur – The Benefits Infrastructure Benefits Income Tax Benefits Indirect Tax Benefits 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 171/3/2012 www.growIT.in | Copyright (c) pManifold
  • 18. Section V1/3/2012 www.growIT.in | Copyright (c) pManifold 18
  • 19. About pManifold pManifold – Strategic Advisory Firm for Sustainable Growth Through Stakeholder Strategic Targeted Engagement Consulting ResearchTeam pManifold:Globally Connected, Locally Immersed, Functionally Diverse, Knowledge Driven Management Team: Advisory Board: Rahul Bagdia (Profile Link) – » Dual Masters (Mech. & EECS) from Uni. of Dr. Ashok Jhunjhunwala Michigan, Ann Arbor, USA (Prof. at IIT Madras) » BE (Mech.) from NIT, Nagpur Dinesh Jain Faiz Wahid (Profile Link) – (Founder of Agaami Inc., USA) » MBA from HEC Paris/ Uni. of Virginia, USA » MS (Software Engg.) from BITS, Pilani T.R. Krishnaswamy » BE (Elec.) from NIT, Nagpur (Founder of Energreen Power) Vibhushan Waghmare (Profile Link) – Dr. M. Vidyasagar » MBA from IIM Ahmedabad (Prof. at Uni. of Texas, Dallas) » BE (Elec.) from NIT, Nagpur1/3/2012 www.growIT.in | Copyright (c) pManifold 19
  • 20. Let’s get in touch… Rahul Bagdia India (Main office) Crystal Plaza, Level 2 +91 95610-94490 276 Central Bazaar Road, Rahul.Bagdia@pManifold.com Ramdaspeth Nagpur - 440010 Faiz Wahid Maharashtra, INDIA http://www.pmanifold.com +91 88056-55069 Faiz.Wahid@pManifold.com Copyright (c) pManifold Vibhushan Waghmare USA (Liaison Office) 2020 Calamos Ct., +91 97664-91625 Suite 209 Vibhushan.waghmare@pManifold.com Naperville, IL 60653, USA 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.1/3/2012 www.growIT.in | Copyright (c) pManifold 20

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