Copy of growIT webinar on SP Infocity at MIHAN Nagpur


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

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Copy of growIT webinar on SP Infocity at MIHAN Nagpur

  1. 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.pManifold.com1/3/2012 | Copyright (c) pManifold 1
  2. 2. Agenda• – An Introduction• Update on IT Industry @ Nagpur• IT Infrastructure Options @ Nagpur• SP Infocity Project• About pManifold and Q&A Session1/3/2012 | Copyright (c) pManifold 2
  3. 3. Section I1/3/2012 | Copyright (c) pManifold 3
  4. 4. – 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 | Copyright (c) pManifold 4
  5. 5. 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 | Copyright (c) pManifold 5
  6. 6. Section II1/3/2012 | Copyright (c) pManifold 6
  7. 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 | Copyright (c) pManifold 7
  8. 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 | Copyright (c) pManifold 8
  9. 9. Section III1/3/2012 | Copyright (c) pManifold 9
  10. 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 | Copyright (c) pManifold 10
  11. 11. Section IV1/3/2012 | Copyright (c) pManifold 11
  12. 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 | Copyright (c) pManifold
  13. 13. SP Infocity, Nagpur – The Emerging IT Destination World Class Facility for IT/ITES Companies in Emerging IT Hub of Nagpur 131/3/2012 | Copyright (c) pManifold
  14. 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 | Copyright (c) pManifold
  15. 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 | Copyright (c) pManifold
  16. 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 | Copyright (c) pManifold
  17. 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 | Copyright (c) pManifold
  18. 18. Section V1/3/2012 | Copyright (c) pManifold 18
  19. 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 | Copyright (c) pManifold 19
  20. 20. Let’s get in touch… Rahul Bagdia India (Main office) Crystal Plaza, Level 2 +91 95610-94490 276 Central Bazaar Road, Ramdaspeth Nagpur - 440010 Faiz Wahid Maharashtra, INDIA +91 88056-55069 Copyright (c) pManifold Vibhushan Waghmare USA (Liaison Office) 2020 Calamos Ct., +91 97664-91625 Suite 209 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 | Copyright (c) pManifold 20