invest north punjab session: 1245-1400 hours 25 july...
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DRAFT
Invest North Punjab Session: 1245-1400 hours
25 July 2014
Ludhiana, Punjab - ‘Best place for doing business in India’
2009 2013 Key parameters:
• Starting a business
• Dealing with construction permits
• Registering property
• Paying taxes
• Trading across borders
• Enforcing contracts
• Resolving Insolvency
3rd most attractive destination for new investments in India in
2012-13 - Reserve Bank of India
And ready for new investments…
State Implementation Rate
1. Haryana 82%
2. J&K 81%
3. Punjab 79%
4. Assam 72%
5. Chhattisgarh 69%
6. Gujarat 46%
All India Average 57%
Excelled in Investment Implementation of Rs. 2,00,000 Crores
SEPTEMBER 2013
• Easiest place to do business
• Robust infrastructure
• Abundant skills and enterprise
• Responsive, accountable
& transparent governance
• Fiscal incentives
Single point of contact for investors
Senior person as relationship officer for each investor
All clearances under one roof
Hassle free , paperless clearance system
Online and time-bound
Self-attestation of documents
Third party certification by authorized professionals
Punjab Bureau of Investment Promotion (INVEST PUNJAB)
Regulatory Reforms
5
Landmark Reforms
X Multiple submission of applications and documents
X Difficulty in tracking status of application
X Multiple points of contact for approvals
X Delay in obtaining approvals
X Archaic regulations, approvals, clearances and certifications
X Inefficient grievance mechanism
Making Punjab The Easiest Place To Do Business
7
Total Applications Received
87
Provisional Site Suitability Cleared
72
Under Preliminary Screening
6
Preliminary Site Suitability Rejected
8
Withdrawn
1
6,558 MW in 2007 11,484 MW in 2014-15
2006 - 07 2014-15 (est)
Average Demand 7,217 9,567
Initial availability 6,290 8,884
New Power Plants 268 2,600
Total Availability 6,558 11,484
Surplus/ Deficit (-) 659 (+) 1,917
(In MW)
628 634 647
731
651
783
934 903
648 648
726 739 781
809 853
953
Karnataka Rajasthan Andhra Pradesh Punjab Tamil Nadu Gujarat Haryana Maharashtra
Comparison of the Tariff status of different (Rates + FCA) (With ED & Octroi)
Industrial Medium Supply Industrial (HT) LS
In Paise/unit
Power Surplus with affordable tariffs
Source: Government of Punjab
Ludhiana
Bathinda
Amritsar
JAMMU AND KASHMIR
RAJASTHAN
HARYANA
PAKISTAN
Patiala
Airports
Rivers
Jalandhar
National Highways
Mohali
NH-15
NH-3
NH-1
Eleven projects with a road length of 567 km at an investment of Rs.2,900 Crore to be developed
HIMACHAL PRADESH
Pathankot
Among the highest road densities at 133 Km per 100 Sq Km
6 Container Freight Stations and 3 Inland Container Depots (ICDs)
3 new ICDs and 1 logistics park under development
* Amritsar– Delhi - Kolkata Industrial corridor (ADKIC) covering cities of Amritsar, Jalandhar and Ludhiana to act as catalyst for rapid industrial growth
* Band of 150 -200 kms on either side of Eastern Dedicated Freight Corridor for development covers almost whole of the state
Ludhiana
Bathinda
Amritsar
Patiala
Jalandhar
Mohali
NH-15
NH-3 NH-
1
Institutes Number Capacity Courses offered
Engineering colleges 101 43,784 35
Polytechnics 181 62,700 29
ITIs 378 62000+ 91
10 Premier Universities
World Class Institutes training churning out specialized professionals and industry-ready talent
Key Industry Partners
• Retention based recovery of Fixed Capital Investment
• Independent of State
machinery 50-90% Retention
VAT and CST Incentive
Landmark Incentives
50-100% exemption
Electricity Duty Incentive Stamp Duty Incentive Property Tax Incentive
50 - 100% exemption 50-100% exemption
Other Incentives
*Total incentives cannot exceed Fixed Capital Investment (FCI)
Focus Areas
Agro and Food processing Strengths
Large industrial base
Leading agricultural producer
Highly educated workforce
Superior quality of life
Cost advantage relative to metros
Information Technology
Biosciences & Healthcare
Education & Skills
Electronics manufacturing
Textiles & garmenting
Infrastructure
Offering immediate attractive opportunities
Agro inputs & machinery Cultivation and
Allied Activities Food
Processing Agro Logistics
Agro Exports Branding, Marketing &
Domestic Sale
Upcoming Food Parks: • Ladowal • Kapurthala
IT City encompasses 1,700 acres available for development in the IT industry.
40 acres of land is earmarked for development of the Electronics Hardware industry.
50 acres- Infosys Ltd -Allotment letter issued -Proposal for approval of SEZ submitted to Govt. of India
27 Letters of Intent issued
Residential scheme launched: 325 residential plots , total 5800 applications received
Tender for Rs. 349 Crores floated for development works
First State To Introduce Master Planning Of Cities
• Investment of INR 10,000 Cr for modern amenities in all 147 cities and towns
Planned Development
24 x 7 Power
100 % Drinking Water
100% Sewerage Coverage
Solid Waste management
Smooth Traffic Flow
Mohali Biotech Park In an area of approximately 80 acres in Knowledge City, Sector-81, Mohali Ideal location for a biotechnology park given its excellent infrastructure, connectivity, quality of life and the presence of leading institutes such as NIPER, Panjab University, PGI (Chandigarh), National Agri - Food Biotechnology Institute, Indian Institute of Science Education & Research, IIT Ropar, Punjab Engineering College, and Institute of Microbial Technology etc.
Medi City Phase 1,2 and 3
Phase 1 and 2 Area 260 acres
Phase 3 164 Acres
Medicity, New Chandigarh
Sr. No. Nature of site
Sites available for allotment
No. of sites Total area (in acres)
1 Hospital’s / Multi Specialty Hospitals
2 20.00
(of 10 acres each)
2 Medical College Cum Hospital
1 28.21
Total 3 48.21
Thank You!
Welcome to
Annexures
PROGRESSIVE PUNJAB INVESTMENT SUMMIT 2013
• More than 1000 delegates across industry segments participated
• Participation by industry leaders including Mukesh Ambani, LN Mittal, YC Deveshwar,
Kiran Mazumdar, Malvinder Singh, Sunil Munjal, GVK Reddy, Arun Sawnhey, Omkar
Kanwar, Sunil Mittal, Rajiv Singh, Ness Wadia, Kurush Grant, Vineet Nayyar, Rajinder
Gupta & Kamal Oswal
• More than 120 Memoranda of Understanding amounting to approx INR 65,000 Crore
signed
• Committed Investments likely to create direct and indirect employment for 1.4 lac
people
• More than 1.35 lakhs farmers from Punjab visited the Summit and the exhibition
• More than 10 thousand farmers from Punjab visited the Summit and the exhibition
• 279 exhibitors had put their stall at the Summit
• Participation by industry leaders including Rakesh Bharti Mittal, Vivek Bharti Mittal,
Kurush Grant, Richard Rekhy, Gyanendra Shukla, Achyuth Iyengar, Ranjit Puri, Rajinder
Gupta, Kamal Oswal, Akshay Bector
• Delegates from other countries also participated – Canada, Pakistan, South Africa,
Mozambique, Italy, Netherlands, Japan, UK, USA, Japan
• 10 Memoranda of Understanding were signed
PROGRESSIVE PUNJAB AGRICULTURE SUMMIT 2014