SRICITY Sri City Aerial View Sri City Location of Sri City in Andhra Pradesh and India 13°30′52″N 80°05′22″E 80°05′2 2″E13.51 13.51437°N 437°N 80.08939°E 80.0 8939°E Country India State Andhra Pradesh District(s) Chittoor Sub district Satyavedu Population 90,536 Literacy 78% Official languages Telugu, Telugu, Tamil, English, English, Time zone IST (UTC+5:30) UTC+5:30) Codes[show] Codes[show] • Pin code • AP-517588 • Telephone • +91-8623 Coordinates
Sricity Sricity or Sri City is a Planned Planned Integrated Integrated Business Business City (Township) (Township) located 55 km North of Chennai of Chennai on NH5 along the border of Andhra of Andhra Pradesh (AP) and Tamil Nadu (TN) States of India of India.. Much of Sricity area is in Chittoor District Chittoor District and a smaller area along the NH5 is in Nellore District of AP, adjacent to Tiruvallur District Tiruvallur District of TN. The Satish Dhawan Space Centre (aka SHAR), India’s Satellite/Rocket launching centre is located at Sriharikota, Sriharikota, on the eastern side of the Pulicat Lake which separates Sricity and the Satellite launching station. The Name Sricity is inspired by the title SRI is derived from Sanskrit. Sanskrit. Sri is the sacred sound of cosmic auspiciousness and abundance in Hindu religion. Written as Sri or Shree or Shree or Sree or Shri, it stands for abundance, auspiciousness, auspiciousness, affluence, affluence, grace, grace, wealth, wealth, light, light, luster , splendor , beauty, beauty, loveliness and authority. authority.
The symbol has been used since Vedic times. Holiness is attached to the word when written or spoken. It is also added before a name to show respect.Sri is mentioned largely in all renown renowned ed temple temple towns towns in the region region,, Srikalahasti, Srikalahasti, Sriperumbudur and Sriharikota. Sriharikota. The famous Tirumala - Tirupati the abode of Lord Sri Venkateshwara (Srinivasa, Balaji) is also located in same district. After After the symbol symbol Aum and Swastika, Swastika, Sri Sri is the the most most popu popula larr symb symbol ol used used in Hinduism. Hinduism. Sri is also the sacred of Lakshmi, the Hindu goddess of wealth of wealth and prosperity. and prosperity. HISTORY OF SEZ
In 1947 when India got independence at Puerto Rico industrialist and government was busy setting up world first industrial park. Ireland and Taiwan followed Puerto Rico in sixties and in eighties China bring the SEZ to the global map with its largest SEZ at the metropolis of Shenzhen. India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone model in promoting exports, with Asia’s first EPZ set up in Kandla in 1965. In 2000, after thirty-five years, Murlisone Maran, then Commerce Minister made a tour to the southern provinces of China and realized the importance of SEZ. On returning from the visit, he incorporated the SEZ into the Exim Policy of India and after five year, Special Economic Zones Act 2005 was introduced and in 2006 SEZ Rules was formulated. The main objectives of the SEZ Act include – generation of additional economic activity , promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities, and development of infrastructure facilities.
GOVERNMENT INITIATIVE
FOR SEZ
Indian government to instill confidence in investors and signal their commitment towards a stable SEZ worked on the Special Economic Zones Act. In May, 2005 the Special Economic Zones Act was passed by Parliament, which received Presidential assent on the 23rd of June, 2005. The Special Economic Zones Act 2005, after extensive consultations, came into effect on 10th February, 2006. The Act offered drastic simplification of procedures on matters relating to central as well as state governments. The main objectives of the SEZ Act include generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources, creation of employment opportunities, and development of infrastructure facilities. It is expected that the Special Economic Zones Act will trigger a large flow of foreign and domest domestic ic invest investmen ment. t. Govern Governmen mentt offere offered d variou variouss incent incentive ivess to the compan companies ies in SEZ: SEZ: • Duty Duty free free impo import rt/d /dom omes esti ticc proc procur urem emen entt of good goodss for for deve develo lopm pment ent,, oper operat atio ion n and and maintenance of SEZ units • 100% Income Tax exemption on export income for SEZ units under Section 10AA of the Income Tax Act for first 5 years, 50% for next 5 years thereafter and 50% of the ploughed back export profit for next 5 years. • Exemption from minimum alternate tax under section 115JB of the Income Tax Act. • External commercial borrowing by SEZ units upto US $ 500 million in a year without any maturity restriction through recognized banking channels. • Exemption from Central Sales Tax. • Exemption from Service Tax. • Single window clearance for Central and State level approvals.
• Exempt Exemption ion from from State State sales sales tax and other other levies levies as extend extended ed by the respecti respective ve State State Governments. Thee Spec Th Specia iall Econo Economi micc Zo Zone ness Act also also offe offere red d majo majorr ince incent ntiv ives es and and faci facili liti ties es to SEZ SEZ developers which include: • Exemption Exemption from customs/exci customs/excise se duties duties for development development of SEZs for authorized authorized operations approved by the BOA. • Income Tax exemption on income derived from the business of development of the SEZ in a block of 10 years in 15 years under der Sect ection 8080-IAB of the Income Tax Act. • Exemption from minimum alternate tax under Section 115 JB of the Income Tax Act. • Exemption from dividend distribution tax under Section 115O of the Income Tax Act. • Exemption from Central Sales Tax (CST). • Exemption from Service Tax (Section 7, 26 and Second Schedule of the SEZ Act). Apart from the above mentioned incentives the companies in SEZ require no license for import made under SEZ units. In the case of losses they are allowed to carry forward losses. The other advantages are • No license required for import made under SEZ units. • Duty free import or domestic procurement of goods for setting up of the SEZ units. • Goods imported/procured locally are duty free and could be utilized over the approval period of 5 years. • The SEZ unit is permitted to realize and repatriate to India the full export value of goods or software
within
a
period
of
twelve
months
from
the
date
of
export.
• “Write-off” of unrealized export bills is permitted up to an annual limit of 5% of their average annual realization. •
•
No routine examination by Customs officials of export and import ca rgo. Setting up Off-shore Banking Units (OBU) allowed in SEZs.
•
OBU’s allowed 100% income tax exemption on profit earned for three years and 50 % for next two years.
• Enhance Enhanced d limit limit of Rs. 2.40 2.40 crores crores per annum annum allowed allowed for manager managerial ial remuner remunerati ation. on. • Since SEZ units are considered as ‘public utility services’, no strikes would be allowed in such companies without giving the employer 6 weeks prior notice in addition to the other conditions mentioned in the Industrial Disputes Act, 1947. The advanta advantages ges of the SEZ are eviden evidentt from from the invest investmen ment, t, employ employmen ment, t, exports exports and infrastructural developments additionally generated. In midst of all these advantages the SEZ also has its own set of disadvantages, which include •
Revenue
losses
because
of
t he
various
tax
exemptions
and
incentives.
• Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves. • The number of units applying for setting up EOU’s is not commensurate to the number of applications for setting up SEZ’s leading to a belief that this project may not match up to expectations. The economist strongly believe that the benefits derived from the investments and additional economic activity in the SEZ and the employment generated thus will outweigh the tax exemptions and the losses on account of land acquisition.
SEZ "An SEZ is a specifically delineated duty-free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs ....” EXIM Policy 2000, Chapter 9 Para 30. Sri City Special Economic Zone offers multiple advantages including income tax exemptions, single window clearance and all other fiscal and operational benefits that are unique to a free trade zone. This tax free, Free Trade Export Zone in southern India provides businesses the much needed hassle-free working environment. What are the rules that govern the setting up of units in a SEZ in India?
There are two documents that govern the setting up of units in a SEZ: 1. The SEZ Act of India, 2005 2. The SEZ rules 2006 Who will give approvals for the establishment of a SEZ ?
The Board of Approvals (BoA) is authorized to give approvals to the developer for the establ establish ishment ment of a SEZ. SEZ. The Board Board consis consists ts of repres represent entati atives ves of variou variouss governm government ent departments departments relevant relevant for the SEZs. The composition composition of the Board is given under Clause 8 of the SEZ Act.
Who governs the Special Economic Zone (SEZ)?
The Board Board delega delegates tes the author authorit ity y to gov govern ern the SEZs SEZs to Develo Developme pment nt Commi Commissi ssioner onerss appointed for specific SEZs. The authority to approve setting up of a unit at Sri City SEZ has
been delegated to the Development Commissioner, Visakhapatnam Special Economic Zone. The contact details of the Development Dev elopment Commissioner’s office is – The Development Commissioner, C/o VSEZ, Duvvada, Visakhapatnam - 530046, Andhra Pradesh, India, Tel: +91-891-2587555 What
is
the
approval
mechanism
for
the
units
to
be set
up
in
a
SEZ?
All approvals are to be given by the Unit Approval Committee headed by the Development Commis Commissio sioner ner (DC). (DC). Cleara Clearance nce from from the Depart Departmen mentt of Policy Policy and Promot Promotion ion/Bo /Board ard of Approvals, wherever required will be obtained by the Development Commissioner. A Letter of Approval to set up a unit in a SEZ is issued by the DC, provided the unit meets all the criteria specified in the Application. The procedure of application is detailed under Clause 17 of the SEZ Rules, 2006. What are the obligations of the Unit under the Scheme? •
SEZ units have to achieve positive net foreign exchange earned over five years
i.e. Exports (FOB value of all exports) - Imports (CIF value of all imports) > 0. Please see Clause 53 of Chapter VI of the SEZ Rules, 2006 for a more detailed explanation •
For this purpose, a Legal Undertaking is required to be executed by the unit
with the Development Commissioner •
Any Any comp compan any y set set up with with FDI FDI has to be inco incorp rpor orat ated ed und under er the the Indi Indian an
Companies Act with the Registrar of Companies for undertaking Indian operations •
The units have to maintain proper records of accounting
•
Annu Annual al Perf Perfor orma manc ncee Repo Report rtss must must be subm submit itte ted d to the the Deve Develo lopm pmen entt
Commissioner
•
The units are also to execute a bond with the zone Customs for their operations
in the SEZ BENEFITS AT A GLANCE •
15-year graded Income Tax Holiday
•
Exemption from Excise and Customs Duties
•
Exemption from Central Sales Tax / VAT
•
Exemption from Service Tax
•
Exemption from all local taxes
•
Single-window clearance
•
100% FDI through the automatic route
•
No minimum export performance requirement except that exports must be
greater than domestic purchases in foreign currency •
Domestic sales on payment of applicable duty
•
Offshore banking unit
•
On-site custom house
•
Self-certification
•
Warehouses/ICD
THE INTEGRATED TOWNSHIP INCLUDES VARIOUS ZONES: • • • •
Industrial, Industrial, Residential, Residential, Educational, Commercial and Recreational.
SriCity Business Centre The Industrial Zone includes a Special Economic Zone (SEZ) SEZ) for Export Oriented Industry and Domestic Tariff Zone (DTZ) for Domestic Industry. It is a business destination for global for global companies to establish Manufacturing, Manufacturing, Services and Trading operations in India. India. The SEZ is administered by Andhra Pradesh Industrial Infrastructure Corporation (APIIC) & Industrial Area Local Authority (IALA (IALA). ). The Government appointed officer controls the planning and building approval processes. A Commissioner appointed Commissioner appointed by the Government of India, India, Ministry of Commerce, Commerce, administers the Special Economic Zone (SEZ) SEZ) area. One of India's largest multi product Special Economic Zone Sricity (SEZ (SEZ)) is in functional partnership with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) which is the premier organization in the state of Andhra Pradesh, vested with the objective of providing industrial infrastructure through the development of industrial areas.The SEZ is master-planned and designed by Jurong Consultants, Singapore, Singapore, provides for a well-planned development schedule taking into account future dimensions of expansion of expansion..
INDUSTRY ZONES Sri City SEZ - a multi-product Special Economic Zone, master-planned and designed by Jurong Consultants, Singapore, provides for a well-planned development schedule taking into account future dimensions of expansion of the export zone. The well-demarcated multiple industrial zones within the SEZ ensure that cluster benefits are maximized in each specialist area whatever be the business needs.
The SEZ zones planned for include: •
Auto Components
•
Light Engineering
•
Electronics / Hardware
•
Aerospace
•
Apparel & Fashion
•
Renewable Energy
•
Biotech/ Pharma
•
Leather Products
•
Logistics and Warehousing
•
IT/ITES/BPO
•
Sports & Toys
•
Other Eco-friendly Industries
The Domestic Tariff Zone (DTZ) to support businesses in the SEZ is spread over nearly nearly 200 acres. acres. This This would would be conduci conducive ve to vertic vertical al integr integrati ation on of indust industry ry with with the flexibility of easy logistics solutions. In addition to supporting ancillary units for the SEZ, this Domestic Tariff Zone (DTZ) within the Sri City SEZ is also a location option to units supplying to the domestic Indian market. This twin advantage within the SriCity Special Economic Zone will be a distinct plus for large businesses to cater to wider markets in India and abroad.
LIFE STYLE Quiet
dinner after a hard day... Attending your child’s stage performance at school...
Surprising your wife with flowers on a weekday…You can fit this into your hectic schedule, only at Sri City...
Sri City SEZ envisages creation of vibrant living spaces just minutes away from the workplace.Housing of various formats -- independent villas, apartments, dormitories, hostels -- will cater to the various needs of the Sri City occupants. Schools, hospitals and all domestic amenities, from grocers to dry-cleaners, within the Free Trade Zone is planned to make life self-sufficient and comfortable at this happening City. For entertainment, shopping arcades, multiplexes, resorts and hotels within the SEZ will create the necessary vibrancy for lifestyle to flourish here. Jogging tracks, walking trails, waterfront leisure development and a host of recreation facilities in this export zone will make the City a gratifying experience for people living here. he re. Just 10 minutes from Sri City Special Economic Zone is the Pulicat lake and bird sanctuary. The timeless beauty of the Tada Falls is a five-minute drive from SriCity SEZ. These getaways in the immediate vicinity of Sri City provide for much needed breaks from workday anxieties.
SERVICE APARTMENTS
Convenient, Comfortable, Temporary Homes:
Customers and employees in the Sri City Special Economic Zone, as well as SEZ suppliers can rent luxury service apartments at SriCity SEZ. The facility managed by a leading hotel brand will have 50 rooms, which can be used by business people or families staying over. The rooms will be provided with functional facilities like kitchenette, TV, a gym and indoor games. games. Reside Residents nts would would have access access to meeti meeting ng rooms, rooms, cateri catering ng servic services es and telecom telecom networks. In short, a functional business hotel with the warmth of an apartment blended in! inside the export zone
MODEL COMMUNITIES Encouraging Community Living
To create well-knit communities among the workers employed at SEZ Units here, Sri City Special Economic Zone is setting up three model colonies. Two projects are already underway and will have about 200 houses each. Each colony also has its share of green areas, sewage treatment, water supply and primary schools. These colonies can serve as a model for companies in the Special Economic zone wishing to provide housing for their workers.
PROMOTERS/INVESTORS Ravindra Sannareddy is the Managing Director of Sri City (P) Limited. He has co-founded Sri City in association with NRIs and friends. Chintalapati Holdings, Hyderabad
Chintalapati Holdings is the Investment Company of Srinivasa Raju’s (Srini Raju) Family. Chinta Chintalapa lapati ti Holdin Holdings gs has invest investmen ments ts in a number number of sector sectorss includ including ing IT, Media Media and Ente En tert rtai ainm nment ent,,
Reta Retail il,,
Spec Specia iali lize zed d
Engi En gine neer erin ing, g, and and
Prop Proper erty ty and and
Infr Infras astr truc uctu ture re..
Credit Asia Capital, Singapore
Credit Asia Capital (CAC) is an Asian special situations investment firm that specializes in non-competitive, mid-market opportunities. CAC has invested over US$1.2 billion in Asia since 1998. •
Bedrock Infrastructure Capital LLC.
•
An investment arm of a group of NRIs led by Mr. Ravi Singh based in the US.
•
Amif Re Investments X Limited.
•
AMIF Investments, a fund advised by Och-ziff Capital, New York.
PARTNER APIIC
Sri City City Specia Speciall Econom Economic ic Zone is in functi functional onal partnersh partnership ip with with the Andhra Andhra Prades Pradesh h Industrial Infrastructure Corporation (APIIC ) which is the premier organization in the state of Andhra Pradesh, vested with the objective objective of providing providing industrial industrial infrastructu infrastructure re through through the development of industrial areas. This partnership facilities a streamlined implementation of the SEZ scheme in the Zone and enables hassle-free operations within the free trade zone. The corporation has so far developed over 270 industrial areas spread over 32,930 acres. Besides, the the APII APIIC C is also also devel develop opin ing g sect sector or focu focuse sed d park parkss like like appar apparel el park/ park/fo food od proce process ssin ing g parks/leather parks in the state. The corporation is the principle facilitator in mega projects like Special Economic Zones and other infrastructure projects in the state. APIIC is the nodal agency in partnership with SriCity SEZ, representing the government's pro-active commitment to the development of this SEZ project.
DISTANCES Mode
To
From
Distance
To
From
Distance
Airports
Chennai International Airport
South Entry Entry 70 km
Tirupati Airport North North Entry 75 km
Seaports
Ennore Port
South Entry Entry 50 km
Chennai Port
Krishnapatnam Port
North North Entry 100 km
South Entry Entry 58 km
Railways Stations
Arambakkam Station
South Entry Entry5 5 km
Koyambedu South Entry Entry 56 km Junction Chennai
Kathipara Junction
South Entry Entry 65 km
Pulicat Lake
Tada Ubbalamadugu Falls
North North Entry 12 km
Sriharikota Temple
North North Entry 31 km
Tada Station
North Entry 0. 0.5 km
Sullurpeta Statio Station n North North Entry Entry 12 km
Bus Junctions
Nearby places
North North Entry 1.5 km
Gummidipoondi South Entry Entry 18 km
Srikalahasti Temple
North North Entry 47 km
Chennai City (Gemini Circle)
South Entry Entry 63 km
Tirupati City
North Entry 84 84 km
Chandragiri Fort North North Entry 85 km
Nellore City
North Entry 10 102 km
Chittoor C Chittoor City
Kanipakam Temple
North North Entry 140 km
North Entry 12 120 km
LANGUAGES Being the border town, both Telugu and Tamil are spoken. Telugu is official language of Andhra Pradesh and Tamil is the official language in Tamil Nadu. Most of the educated populace speak English speak English and are bi or tri lingual.
Demographics Sricity forms part of Satyavedu of Satyavedu and Varadaiahpalem mandals of Chittoor of Chittoor District. District. It is part of the Satyavedu constituency and Tirupati MP constituency. The population of the constituency is estimated over 90536, with a literacy rate of 78.98, well over national rate of Literacy in India which stand at 61%. SOURCE: Demographics of India, India, 2001 Census.
ECONOMY Moving with times, times, Sricity is on its way to becoming a hub for large and medium scale industries, such as Light engineering, engineering, electronics / hardware, hardware, aerospace, apparel & fashion, fashion, renewable Energy, Energy, Biotech Pharmacy, leather products, leather products, logistics and warehousing, warehousing, railway wagon workshop, IT/ IT/ITES/ ITES/BPO, BPO, sports & toys, toys, other eco-friendly other eco-friendly Industries.
TRANSPORTATION Located on National Highway - 5 on the border of Tamil Nadu and Andhra Pradesh, Sri City's location has been chosen with astute business sense and an eye on connectivity. Less than a 90-min 90-minute ute drive drive from from the commer commercia ciall and indust industria riall hub of Chennai Chennai,, Sri City Special Special Economic Zone with an adjacent domestic tariff area is well connected by rail and road and is in close proximity to three major ports and two international airports. This strategic location of a domestic tariff area within Sri City offers the units an easy access to ancillary suppliers, enabling efficient supply chain management. These well established linkages present the benefit benefit of shorter shorter turn-around turn-around cycles and maximizatio maximization n of productivity productivity to all the units in the SEZ. In addition to the physical connectivity, the location of Sri City SEZ has the advantage of easy access to the rich talent pool in Tamil Nadu and Andhra Pradesh, including skilled and semiskilled workforce. There are about 30 engineering and polytechnic colleges within a radius of 20 kms of Sri City.
AIR
Sri Sri City City SEZ, SEZ, with with quic quick k acces accesss to two two inte intern rnat atio ional nal airp airpor orts ts – the the Chen Chennai nai Internatio International nal Airport Airport and the Tirupathi Tirupathi International International Airport, Airport, offers offers good air connectivity connectivity to this Special Economic Zone. Chennai International Airport is the third largest international gateway into the country and the third busiest airport in India after Mumbai and Delhi. It is the main air hub for south India, currently handling over 10 million passengers and serving more than 50 different airl airlin ines es.. It is also also an impo import rtan antt cargo cargo term termin inus us for for the the count country ry,, afte afterr Mu Mumb mbai ai.. Th Thee intern internati ational onal cargo-h cargo-hand andlin ling g facil faciliti ities es at Chennai Chennai have have a turnar turnaround ound time time of 24 hours. hours.
The Tirupathi airport is 75 km north of the Sri City Free Trade Zone. Currently, this airpor airportt handle handless intern internati ational onal cargo cargo and is slated slated to be develop developed ed into into an intern internati ationa onall passenger hub.Chennai hub.Chennai International Airport (MAS) is 90 minute drive from/to Sricity, and Tirupati Airport (TIR) is also 90 minute drive. Chennai International Airport is the third largest international gateway into the country and the third busiest airport in India after Mumbai after Mumbai and Delhi. Delhi. It is the main air hub for south India, currently handling over 10 million passengers and serving more than 50 different airl airlin ines es.. It is also also an impo import rtan antt cargo terminus for for the the count country ry,, afte afterr Mu Mumb mbai ai.. Th Thee international cargo-handling facilities at Chennai have a turnaround time of 24 hours.
RAIL Sri City SEZ is well-connected through a broad gauge railway line that links the major metros of India - Chennai and Kolkata in the east.
Suburban Services The connectivity to Sri City SEZ and the domestic industrial park is further enhanced by the suburban rail services operating from Chennai.
The hinterland of this free trade zone is served by nearly 30 suburban rail services, to and from Chennai every day and provides access to all suburbs of Chennai. With such connecting rail networks, commuting to work at Sri City SEZ is convenient. Sricity is in between two Railway Stations, Tada on the North and Arambakkam on the South. Express Trains connecting Chennai, Chennai, Bangalore, Hyderabad, Hyderabad, Kolkota, Kolkota, and Delhi stop at Sullurpeta which is 12 km away from Sricity. Mumbai bound trains stop at Renigunta. Renigunta. Nearly 30 suburban trains operate between Sullurpeta and Chennai every day passing via Sricity (Tada & Arambakkam
SEA Sri City SEZ and the domestic industrial park offers a competitive advantage to the manufacturing and the logistics sector with its proximity to not just one but three seaports. This strategic position of Sri City Special Economic Zone is unmatched by any SEZ location in the country.
PORT OF CHENNAI
The Port of Chennai on the east coast is 65 Km from Sri City Special Economic Zone . Strategically located and well connected with major parts of the world, it is today a major Indian Port.
Continuous modernization, efficient services at minimum cost, simple and integrated procedures and a user-friendly approach makes this all-weather port a popular choice. It currently has oil terminals, iron ore terminals and a container terminal. The container terminal has direct services to China, Europe and US with a handling capacity of 9,50,000 TEUs. Chennai Port is an ISPS Compliant Port with ISO 9001: 2000 certification. The port ranks third amongst Indian ports. The highlights include berthing on arrival, with a pre- berthing detention of 0.9 hours. The average turnaround time is 2.4 days.
The Port Port has on its its agenda agenda the follow following ing major major projec projects ts und under er the Nation National al Marit Maritime ime Development scheme, with an estimated investment of over Rs.1000 crores which will in turn benefit SEZs in this region. These include
•
Development of second container terminal on BOT basis
•
Modernization of Chennai Port
•
Creating back-up area off dock & parking area
•
Creation of additional open storage area which are specially vital for units
within the SEZ
Ennore Port Ennore Port, situated on the Coromandal coast, is about 24 km north of Chennai Port and 40 km south of Sri City Special Economic Zone. It is the 12th major port in India and the first corporatised major port in the country. Currently the number one destination for Liquid Bulk Cargo, this Port was originally conceived as a satellite port to the Chennai Port. The scope however was expanded taking into account the subsequent development plans of the Government of Tamil Nadu in the wake of the tremendous surge of new investments into the state over the last five years, including SEZs and Free Trade Zones. Ennore Port Limited has initiated development of the following facilities through private sector participation, as part of its Phase-II development programme: •
Alongside jetty for handling 3 million tonnes of POL products, chemicals and
liquids •
A coal terminal for handling 8 million tones of coal for users other than Tamil
Nadu Electricity Board •
An iron ore terminal for handling 12 million tones of iron ore for exports
•
An LNG terminal for handling 5 million tones of LNG
•
A container terminal for handling 18 million tones (1.5 million TEUs) of
containers
By 2013 – 14, the second phase development development would augment the port cargo handling capacity by 58 Million Metric tonne per annum. an num. These advantages are a plus to any Special Economic Zone or Industrial Zone in India due to the proximity to Ennore port, be it for engineering, information technology, auto components, garm garment entss or leat leather her produ product cts, s, with with cont contai aine nerr frei freigh ghtt stat statio ion n faci facili liti ties es and and free free trad tradee warehousing zone.
Krishnapatnam Port Located 65 Km to the north of Sri City SEZ, on the east coast of India in Nellore District of Andhra Pradesh, this port comes with aggressive up gradation plans by the Andhra Pradesh Governm Government ent.. With With unpreced unprecedent ented ed growth growth in bulk bulk commod commodity ity contai containeri nerized zed trade trade in the international markets; Krishnapatnam Port has been envisioned futuristically as a modern, deep water and high-productivity port with the view to sustain the demands of growing international trade scenario. Designed for handling vessels up to 200,000 DWT, the expansion plans include include development of a minimum minimum of 30 berths. The port has the potential to develop into a hub terminal for containers, coal, petrochemicals and project cargos / ODC ROAD
Sri City SEZ is located alongside National Highway -5 which forms part of the Golden Quadrilateral road network. The infrastructure advantages of this free trade zone is further enhanced by the Golden Quadrilateral which is the largest express highway road project in India, consisting of four/six lane expressways connecting the major metros of India - Kolkata, Delhi, Mumbai and Chennai.. Currently a four-lane national highway, this roadway is now being upgraded to a six-lane express expressway way.. Being Being part part of the crucia cruciall nation national al road road connect connectivi ivity, ty, the Nation National al Highway Highway Programme is a priority on the Government of India‘s development agenda and is being accord accorded ed high high mainte maintenan nance ce standar standards. ds. A major major part part of this this 1,5331,533-kil kilome ometer terss Nation National al Highway passes through Andhra Pradesh and Orissa along the east coast which ensures Sri City SEZ with excellent road connectivity to northern India.
GEOGRAPHY & CLIMATE Geography
Sricity is about (70 km2) in Size, though all the area within does not belong to Sricity Sricity IALA. IALA. The area includes the neighboring villages, water bodies and state forest lands. The terrain slopes gradually from an elevation of about 30 meters above MSL at the South West corner to about 7 meters meters towards the North North East corner of Sricity. Sricity. A Creek (Karipeti (Karipeti Kalava) flows through Sricity passing through a number of Lakes on the way before joining Pulicat Pulicat Lake North of Tada. of Tada. There is a state forest on the western boundary. Telugu Ganga project carrying Krishna River water River water to Chennai City passes along the western boundary of Sricity.
CLIMATE
Satyavedu Mandal Rainfall (mm)
The area experiences both the Southwest monsoon & Northeast monsoon. In between there are lull periods. The average rainfall per annum as recorded at rain gauge stations at Satyavedu is 1305mm. •
mid May to mid August – Southwest monsoon
•
mid August to mid October – Transition – Transition / calm period
•
mid October to mid January – Northeast Northeast monsoon
•
mid January to mid May – Transition / calm period
SOILS
The soils of the area can be broadly classified as •
Latosolic developed on the coastal Laterite
•
Yellow Podzolic soils formed on the sandy sand y sheet of alluvium and
•
The transition located at the contact con tact of Laterite and Alluvium is Podozolic – Latosolic soil.
Latosols: Soils formed due to lateralization are called as ‘Latosols’ or ‘Latosolic soils’. This
will have local accumulation of ‘iron’ and ‘alumina’ pockets. In fact, it is the iron rich pockets p ockets that contribute to the building material. This becomes hard and compact on exposure to drying. A thin regolith forms on the laterite. Latosols with the characteristic red color are seen on the laterite in the area under study. This covers nearly 30% of the area. Yellow Pedozolic (Pod ( Pod sol) sol) soils: These are developed on the sandy parent material, as
noticed on the eastern part of the area under report. As the name indicates, the color of the soil is yellowish. This occupies nearly 40% of the area. Pedozolic – Latsolic soils: This is the transition between the Latosols and Pedozolic soil. It is
mostly observed in the vicinity of the contact between the laterite and the alluvium. This accounts to 30% coverage.
INFRASTRUCTURE Sri City SEZ is master-planned by the renowned Jurong Consultants, Singapore. Their brief was to create a business city with a free trade Zone that would figure in any list of ‘India’s 5 best cities to live and work in’. The infrastructure at Sri City Special Economic Zone and the domestic industrial park is designed to benchmark with global standards with six/ four-lane roads, abundant power and water supply. The design and construction of this Industrial Zone includes innovative, space efficient methods to create quality and competent delivery systems in conformation with international quality standards and stringent environmental norms of SEZs.
Each element of the SEZ infrastructure – expressways, telecom connectivity, power, water and waste water management – is designed with the utmost attention to detail, and the execution of concepts and plans will be under the expert supervision of recognized SEZ consultants.
PRODUCT OPTIONS With a view to offer a wide range of location options to the units in the SEZ and the domestic industrial zone, Sri City is built on a multifaceted format to provide for the varied needs of companies. This assortment of infrastructure options includes – Developed Industrial Land Parcels
The plots have optimal access to all networks - road, water, power, sewage and storm-water drains. drains. Each unit has good road frontage and has ready access to the infrastruc infrastructure ture networks that run along on the boundary of the plot. Ready Built Factories
ReadyReady-toto-fun functi ction on indust industri rial al factor factories ies to meet meet the immedia immediate te start start-up -up requir requireme ements nts of companies in the Special Economic Zone will be made available. These will be standard design factory structures provided with power supply. Built-to-Suit:
This option will be offered to give customized start-up support to companies. Factories/offices detailed to company specifications can be built on request. RP ROADS:
To facilitate smooth transport of people and goods within Sri City SEZ, top international companies, STUP and Wilbur Smith, have been brought on board to create this critical SEZ road network.
The road network network in the Special Special Economic Economic Zone is categorized categorized into arterial, arterial, primary primary and secondary roads, and they have been designed taking into account the traffic volume. The internatio internationally nally recognized International International Road Council Council standards standards are adopted adopted and strictly strictly adhered to in designing the road networks in the SEZ and domestic Industrial zone. The road network system in the Free Trade Zone has been planned so as to ensure a smooth flow of traffic for both car and cargo movement within the SEZ. This road network within Sri City SEZ comprises a 72-metre wide arterial road (six-lane with central median) express way and an internal road system of primary (53-metre wide) and secondary (47-metre wide) distribution roads. Thee main Th main avenu avenuee enter enterin ing g Sri Sri City City Speci Special al Econ Econom omic ic Zo Zone ne from from the the Nati Nationa onall Highway-5 will be the six-lane arterial road with central median landscaping, wide sidewalks and curb-side landscaping landscaping which will enhance the aesthetic value of this unique export zone of India. WATER AND SEWERAGE SYSTEMS
With assured water supply from the Government, Sri City Special Economic Zone is well placed to meet the requirement of industrial processes, offices and residences within the free trade zone and industrial park. To utilize the resources efficiently, a water management system planned and developed in association with Anna University is under way at the SEZ. A water-treatment plant will supply treated water to the SEZ and the domestic industrial zone. A well-planned sewage system will be designed and connected to a Sewage Treatment Plant (STP) which will collect treated effluent from the SEZ units. This offers an advantage to the industrial units in the Special Economic Zone as they do not have to make seperate provisions for disposal of treated liquid effluents.
POWER
Sri City Special Economic Zone has received an allocation of 450 MW of power from the Government of Andhra Pradesh, to be supplied in a phased manner to the SEZ and the domestic industrial zone. ABB, a leader in power and automation technologies, is being consult consulted ed for identi identifyi fying ng source sourcess of power power supply supply and planni planning ng the power networ network k and distribution within the Free Trade Zone. A 220 KV sub-station is being set up in Sri City Special Economic Zone and will be operational very soon. Two 4000 MW power plants coming up at Krishnapattinam, 65 Km to the north of SriCity SEZ, could also provide power to this Export Zone in future , if required. The first power plant will be operational in four years. PLUG-N-PLAY OFFICES
The current project office at Sri City Special Economic Zone has plug-n-play facility that our SEZ and domestic tariff area customers can use for operations until their units in the Industrial Park are ready. These fully furnished offices with all business amenities will be available to the export and domestic zones at nominal rentals.
A PROFILE OF SELECT CUSTOMERS WHO HAVE SRI CITY AS THEIR BUSINESS
ADDRESS.
VRV India Cryogenic Equipment Private Limited
Italy-based VRV Group is among the world’s select few manufacturers of sophisticated pressure vessels and cryogenic tanks. Established in Milan, the 50-year-old VRV Group specializes in the design and manufacturing of pressure equipment for chemical, petrochemical, pharmaceutical and power industry.
Venture Automotive Tooling India Pvt. Ltd.
Venture Automotive is an ‘art to part’ engineering, tooling and plastic component supplier to the global automotive industry. With 22 plants in USA, South Africa, India, China and Australia, Venture manufactures automotive components like exterior and interior trim parts. The company’s non-automotive products include wind turbines BFG International Private Limited
BFG International, Bahrain, is a recognized market leader in the design and manufacture of a wide and diversified range of composite products for the railway coaches industry. BFG develops and supplies a wide range of standard products that are internationally acclaimed for their world-class quality and highly competitive value. Kobelco Construction Equipment India Pvt.Ltd.
As a core member of the 233-billion yen Kobe Steel Group, Japan, with more than 40,000 employees worldwide, the Kobelco Construction Machinery (KCM) Group, Japan, has a long history of developing construction machinery. Kobelco Construction Equipment India Pvt.Ltd. (KCEI) will manufacture, market and service KOBELCO -brand high performance hydraulic excavators.
Am phenol Mobile Communication Products India Private Limited
Amphenol is one of the largest manufacturers of interconnect products in the world. The Company designs, manufactures and markets electrical, electronic an d fiber optic connectors, coaxial and flat-ribbon cable, and interconnect systems. Amphenol is a major supplier to Nokia and Flextronics among others. Love Pac Converting Private Limited
Lovepac Converting Private Limited is a part of the Nolato Group founded in 1938 in Sweden. The Nolato Group consists of 16 fully owned subsidiaries that are divided into three different business areas; Industrial, Medical and Telecom. Lovepac Converting is one of the world’s leading suppliers of adhesive products to mobile phone and other electronics industries, serving a premier customer base.
Eura D&A
Eura is a leading Spanish company with more than 60 years of experience in the production of abrasives and diamond tools for the polishing, calibrating and squaring of porcelain gres, natural stones and quartz agglomerate. Tablets India Limited
TIL Healthcare, a part of the Jhaver Group of Companies is leading manufacturers of many unique and innovative Pharmaceutical / Nutraceutical formulations. Through the collaboration with various Japanese and European MNCs, the company’s high quality formulations are prescribed widely in India and elsewhere in the world. Their products are exported to around 39 countries including UK, Belgium and Italy. Rock worth Systems Furniture (India) Private Limited
Rock worth Systems Furniture (India) Private Limited, a Thailand based company in joint venture with Dubai based Al-Reyami Group, are manufacturers, distributors, and marketers of quality Office Systems Furniture. Their products produ cts include Panel systems, desking systems, tables, filings and storage and other seating systems. Saakar Printing Design and Engineering Private Limited
Is a joint venture with Swiss company TRS Productions P roductions d.o.o, and investments from Periplo Limited, Gibraltar. Saakar remanufactures toner cartridges for laser printers. Currently they cater to the European markets and plan to expand to USA, Middle Eastern & Asian markets.
A.S. Cargo Movers (P) Ltd
A.S. Cargo Movers (P) Ltd, a group company of A.S. Transport (P) Ltd. is a Rs.1000 milion turnover company. They are leading logistics and warehousing service provider in India and they manage 3 PL (Third party Logistics) operations in 38 locations to service the transport and 3 PL requirements of more than 30 MNCs. NPP Industries
NPP Industries is a venture engaged in the manufacture of world-class polyethylene coated cup stock paper rolls. The prime aim of the company is to produce environment friendly packaging products at the most competitive price with international standards.
Lifeline Hospital
Internationally recognized as providers of advanced health care and founded by Dr. K.M Cherian, world renowned cardiac surgeon, Frontier Lifeline Hospital will set up a world-class Emergency Care unit at Sri City, to cater to the medical requirements in and around Sri City. Euro School
Renowned for international standards in education, Euro school, in Sri City will offer CBSE, ICSE and International Baccalaureate curriculum. With classes from standard I to XII to cater to the diverse educational needs of Sri City, Euroschool will offer world-class education with emphasis on the holistic development of students.
