Manufacturing of

Warships and Submarines

Aerospace & DefenceGovernment of Gujarat

Page 2

Contents

Project Concept 3

Market Potential 4

Growth Drivers 6

Gujarat – Competitive Advantage 7

Project Information 9

- Location/ Size

- Infrastructure Availability/ Connectivity

- Raw Material/ Manpower

- Key Players

- Project Outline

Project Financials 13

Approvals & Incentives 14

Page 3

Project Concept

► Naval ships and submarines/naval vessels built and primarily intended for naval warfare. Usually these ships belong to the armed forces/navy of a state/country.

► Naval vessels are utilized for combat wars, managing the exclusive economic zone (EEZ), providing maritime security to coastal areas, and offering efficient disaster management.

► These vessels are designed to withstand damage and are usually faster and more manoeuvrable than merchant/cargo ships. Vessels carries weapons, ammunition and supplies.

► Naval vessels are categorized as into high-end warfighting vessels installed with expensive weapons systems, submarine, and basic patrol vessels for low-intensity missions equipped with essential equipment, sensors, and weapons.

Basic patrol

vessels

High-end

warfighting

vessels

Classification of naval ships/vessels

Naval ships and submarines

Frigate

Aircraft carrierAmphibious

shipDestroyer

► Weight ranges from 50,000 tons to 100,000 tons

► Long flat deck for aircraft take-off and landing

► Weights more than 10,000 ton

► Can carry helicopter and support on-shore forces

► Fast and manoeuvrable long-endurance warship and weights 5,000-9,000 tons

► Weights 2,000-5,000 tons

► Designed for protecting other warships and anti-submarine operations

Submarines

Corvette

► Weights <2,000 tons

► Fast and lightly armed warship used for patrolling purpose

30.3%

6.8%62.9%

Global market share by naval vessel type (2014)

Submarines

Aircraft carrier

Other warships

► Globally, submarine manufacturing accounts for approximately one-thirds of the total naval vessel market followed by aircraft carrier which accounts for ~7% of the total market.

100% = US$36.1 billion

Source

Global Warship and Naval Vessels Market – 2015-2019, Technavio, http://www.technavio.com/report/global-defense-warship-and-naval-vessels-

market

“The Naval Vessels and Surface Combatants Market in India to 2025: Market Brief”, Strategic Defence Intelligence, 1 November 2015 via Thomson

One

Page 4

36.136.7

37.338.0

38.639.3

2014 2015 2016E 2017E 2018E 2019E

Global Naval vessel market(in US$ billion)

Market Potential

45.0%

29.0%

26.0%

Naval vessel market – by region (2014)

Americas

Asia Pacific

EMEA

100% = US$39.3 billion

Market potential - Global

► The Americas has been the largest market for warship and naval vessels; however, the growth is gradually shifting toward the Middle East and Asia Pacific.

► The US continues to maintain a stable naval spending driven by their expected involvement in the Middle East and ISIS crisis. Americas is expected to hold the leading position in the naval vessel market till 2019.

► The market in APAC is expected to gain momentum on the basis of a considerable GDP growth, naval tensions and a relative rise in the defence budget.

► The Middle East and Africa are the other emerging markets for the warship and naval vessels market in EMEA (Europe, the Middle East and African region). However, in the EMEA region the European Market is expected to decline marginally.

► During 2014-2019, the global warship and naval vessels market is expected to grow at a CAGR of 1.7% from US$36.1 billion in 2014 to US$39.3 billion in 2019.

► The key catalysts driving the global growth are demand for advanced naval vessels for effective defence and surveillance mechanism.

► Emerging countries, such as China and India, have increased their defence budgets, and are buying new naval vessels to strengthen their defence capabilities. Even the demand from the developed countries such as the US and the UK are expected to remain stable till 2019.

44.6%

29.2%

26.2%

Naval vessels market – by region (2019)

Americas

Asia Pacific

EMEA

100% = US$36.1 billion

Source

“Global Warship and Naval Vessels Market” – 2015, Technavio

Source: Global Warship and Naval Vessels Market – 2015, Technavio

Source: Global Warship and Naval Vessels Market – 2015, Technavio

Page 5

Market Potential - India

Market Potential

Expected CAGR

15-25

15-25

15-25

15-25

1.2%

9.6%

4.0%

0.9%

► During 2015-2025, the Indian naval vessels and surface combatant market is expected to grow at a robust pace of 3.4% per year to reach US$4 billion per year in 2025 from current level of US$2.9 billion (in 2015).

► The spending levels are expected to rise driven by rising activities in the coastal regions by neighbors especially China

► The navy's current strength is 140 vessels. Most of these warships are Russian-made, and the concern is, that these ships are aging faster than new ones can be inducted. Therefore, there is a greater need of private participation in the navy vessel manufacturing industry.

► The key programs expected to be executed till 2025 includes, Project 17A Stealth Frigates, which aims to procure seven stealth frigates; Missile Stealth Destroyers Project-15B, which aims to deliver four guided-missile stealth destroyers in order to replace the Indian Navy’s aging Rajput class destroyers; the Indian Navy’s aircraft carrier project, which aims to induct indigenously built aircraft carriers which are currently under construction.

1,000 1,100

7801,200

405

1000695

786

2015 2025E

Indian navy warships market – by type (in US$ million)

Others Aircraft Carrier Frigates Corvettes

31.8%

29.6%

19.5%

19.2%

Total navy warship market (India) 2015-2025(US$ billion)

Corvettes Frigates Aircraft Carriers Others

2.9 3.1 2.9 3.0 3.1 3.24.0

2015 2016E 2017E 2018E 2019E 2020E 2025E

Indian Navy vessel market(in US$ billion)

100% = US$36.5 billion

Source: The Naval Vessels and Surface Combatants Market in India to 2025, Strategic Defence Intelligence

Source: The Naval Vessels and Surface Combatants Market in India to 2025, Strategic Defence Intelligence

Page 6

Growth Drivers

1 Modernization of

Indian Navy and

focus on maritime

surveillance

India is focusing on military modernization and has explicitly spelt out

in the Long Term Integrated Perspective Plan (LTIPP), for military

modernization, covering the period up to 2027. India has prioritized

the enhancement of overall coastal and marine security and setting

up a special security force Sagar Prahari Bal (SPB).

2 Offset requirement

by Government of

India (GoI)

GoI has set an offset requirement of at least 30% for all defence

equipment including navy vessels and warships. According to the

offset policy, the foreign vendor is obligated to invest at least 30% of

the deal value in the Indian defence industry which is likely to create

a market opportunity worth US$50 billion. The offset policy can be

discharged through setting up warship facility in India or by procuring

directly from Indian part suppliers.

3 Indigenous

manufacturing of

defence

equipment

The government is focusing on increasing indigenous defence

equipment manufacturing. The private players are also allowed and

various exemptions such as license charges, expenditure on

purchase, lease or rental of land/land rights, capital expenditure, etc.

are provided to boost private participation in the defence sector.

4 Labour cost

advantage

India offers a cost advantage in manufacturing for both material and

labour cost. Compared to other defence manufacturing destinations

such as Russia and South-East Asia, the engineering labour cost

offer a 20-30% cost advantage while the manufacturing labour cost

advantage is around 15-25%. These advantages are even higher

when compared with Europe and North America.

5 Simplification of

procedures for

Buy and Make

Indian

The Defence Procurement Procedure (DPP) 2013 and 2016 have

given highest preference to Buy and Make (Indian) category for any

requirement allowing the private industry to participate in

maintenance and transfer of technology (ToT) thereby providing a

level playing field to it with foreign OEMs and DPSUs.

Source

“Defence Expenditure in India to 2020: Market Review”, Strategic Defence Intelligence, August 2015

“Air Force Expenditure in India to 2020: Market Brief”, Strategic Defence Intelligence, May 2015

“Gujarat: Emerging Base for Indigenization of the Indian Defence Industry Defence Offset Sector Profile”, Vibrant Gujarat 2015, 30 September 2014

Page 7

Gujarat - Competitive Advantage

Gujarat offers an established port sector and excellent technical

educational infrastructure

► Gujarat has ~120 engineering degree colleges with an approximate intake of more than 60,000 students per year.

► In 2014, the tally leads for Mechanical Engineering with 16,230 seats, followed by Civil (9,950 seats), Electrical (9,839 seats) and Computers (8,160 seats).

► Gujarat currently has 60% share of the Indian shipbuilding order book. The Indian Navy has also established a headquarter in Porbander due to strategic location of the state. Since May 2014, the state got maximum number of industrial licences (22 same as Maharashtra) and include some key defence projects such as armoured fighting and bullet proof vehicles.

► Gujarat has an established port sector with a coastline of more than 1600 kilometres.

► It has highest number of operational ports and commercial cargo ports and is the first state in India to invite Public Private Participation (PPP) through competitive bidding for port building.

Ports Structure of Gujarat - 41 Minor + 1 Major Port

South Gujarat

14 ports

Saurashtra

23 ports

Kutch

4 ports

Source

“Manufacturing Sector – Profile”, Vibrant Gujarat website, 7 October 2014

Shipyards, Gujarat Maritime Board, http://www.gmbports.org/shipyards, accessed 15 July 2016

“Gujarat – Growth and Prosperity for All”, Vibrant Gujarat website, 25 August 2014

Jamnagar

SanandMandal

VadodaraRajkot

Strong Micro Small Medium Enterprise (MSME) base

Leading MSME clusters in Gujarat

15%

80%

5%

Engineering degree colleges in Gujarat

Govt. Colleges

Private

Self-financed

► MSMEs play an important role in the defence

manufacturing supply chain as most large companies

use MSMEs to deliver significant parts of their projects.

► Gujarat has Engineering MSME clusters in and around

Ahmedabad, Rajkot & Vadodara Districts and is ranked

as the best Indian state for MSME asset base.

► The SME companies play a critical role in the entire

supply chain for the A&D sector.

► Gujarat aims to target 35% of the possible Defence

Offsets to be sourced from India.

► Gujarat’s industrial sector comprises of over 5,75,000

MSME’s providing employment to 3.7 million people.

The MSME sector in Gujarat registered a CAGR of 19%

since 2009.

Page 8

Gujarat - Competitive Advantage

Easy availability of raw materials

► Many key industrial clusters such as foundry & forgings, steel pipes and tubes, steel

re-rolled products and fabricated metal products are located in close vicinity of

industrial hubs.

Ease of doing business

► Only state which comply 100% with the environmental procedures. Gujarat fares

highly when it comes to setting up a business, allotment of land and obtaining a

construction permit.

Flourishing economy

► Gujarat contributes 7.2% of the Nation’s GDP and shows leadership in many areas

of manufacturing and infrastructure sectors. Gujarat’s SDP (State Domestic Product)

at current price registered a growth of 11% during the year 2014-15.

Strategic location and better infrastructure

► Located on the west coast of India, Gujarat is well connected to the major cities of

the world by air and sea routes. The state has 45 ports and large number of airports

in addition to an extensive rail and road network.

Favourable labour policy

► The Gujarat government has recently passed the Labour Laws Bill (December 2015),

to give an impetus to industrialization. The key reform includes a provision for out-of-

court settlement to speed up the process labour related dispute resolutions.

Better social infrastructure

► Gujarat has one of the lowest cost of living amongst the Indian states and is

relatively less congested and less polluted, offering better standards of living to the

inhabitants and providing a better environment to work.

Other advantages

Source

“Gujarat – Growth and Prosperity for All”, Vibrant Gujarat website, 25 August 2014

“Manufacturing Sector – Profile”, Vibrant Gujarat website, 7 October 2014

Page 9

Project information

► Dholera SIR is an indicative location to set up naval vessel/warship manufacturing facility. The

facility can also be developed at any suitable location along the coast.

IndustryLocation (Distance from

Dholera)Industry

Location (Distance from

Dholera)

Foundry &

Forgings

► Kheda (91 km)

► Anand (94 km)

► Surendranagar (88 km)

Plastic and

polymers

► Sanand (97 kms)

► Dahej (210 kms)

Steel ► Hazira (310 Km) Glass► Vadodara (372 kms)

► Jhagadia (211kms)

Location Suggested: Dholera Special Investment Region (DSIR)

Dholera SIR : Key highlights

Area 920 sq. km

Developable area 567 sq. km

Land price INR 600/ sq. meters (Oct’15)

Focus industries

Heavy Engineering, automobile

and auto ancillary, defence,

electronics, metals and

metallurgical products,, IT and

ITeS

► Dholera is strategically located

between the MSME clusters of

Gujarat.

► Robust infrastructure in the region

(refer to the next slide for details).

► Provide access to both domestic

and international market as a it is

connected to DMIC, major

airports as well as ports.

Source

“Dholera making it big as defence manufacturing hub”, Business line website, http://www.thehindubusinessline.com/news/national/dholera-making-it-

big-as-defence-manufacturing-hub/article8253626.ece, accessed 14 June 2016

“Dholera International Airport”, CAPA website, http://centreforaviation.com/profiles/newairports/dholera-international-airport, accessed 16 June 2016

About : Dholera SIR, http://dholerasir.com/, accessed 16 June 2016

“HIGH SPEED METRO RAIL”, http://www.investindholerasmartcity.com/dholera-metro-rail-project/

“Port of Dholera (India)”https://www.searates.com/port/dholera_in.htm

Page 10

Infrastructure Availability

► Rail connection is being planned for

Dholera, while the nearest meter gauge

connection is Bhavnagar (34 km) and

the nearest broad gauge station is

Tarapur (103 km).

► A metro rail is also being planned from

Gandhinagar to the Dholera SIR via

Ahmedabad.

► National Highways: NH–8 connects the

Dholera SIR with Ahmedabad, Bhavnagar

and Mumbai. The region also has a good

connectivity with NH-8A which connects it to

Anand and Vadodara.

► As a part of Golden Quadrilateral, the 500

km Mumbai- Ahmedabad- Vadodara Express

way connects the region.

► The Dholera SIR is surrounded by four

peripheral airports Ahmedabad,

Vadodara, Bhavnagar, and Rajkot.

► Also, it is very near to the newly planned

Dholera international airport which is

expected to become operational by

2018.

Air

RoadRail

► Other than the proposed port, another

port site is also proposed at a distance

of about 11 kilometres from the Dholera

SIR connected by road with

Ahmedabad–Bhavnagar highway.

Almost 2,057 hectares of Government

land was allocated for the development

of the new port site.

Port

Logistics & Connectivity

► Electricity will be supplied by Gujarat

Energy Transmission Corporation (GETCO)

in the Dholera SIR.

► Gujarat State Petroleum Corporation (GSPC) is the gas supplier to the site

through a well established pipeline.

► The company needs to directly apply for gas to GSPC.

► Gujarat Industrial Development

Corporation (GIDC) will provide water to

the proposed facility.

Water Power

Gas

Utility

Source

“National Symposium on Best Practices to improve the Business Environment”, GIDC, 23 August 2015,

http://idco.in/Events/pdf/Land%20interventions%20in%20Gujarat%20VCMD%20GIDC.pdf

“Gujarat plans Rs 1,000 crore Dholera airport project to take on world's best in Dubai”, -Runways-dubai-airport-on-dubai, accessed The economic

times website, http://articles.economictimes.indiatimes.com/2015-02-05/news/58838216_1_five

Land price” http://www.Magicbricks.Com/property-for-sale/all-commercial-real-estate-Dholera-sir-in-Ahmedabad”, accessed 16 June 2016

“Aluminum plant in Gujarat”, http://www.thehindubusinessline.com/economy/rs-15000-cr-alumina-project-to-come-up-near-mundra-

minister/article5231540.Ece, accessed 17 June 2016

Page 11

Project Outline

Naval vessel manufacturing process

Design and production

planning

Primer coating, cutting and

processing of steel

Panel line

Sub assembly

Block assembly

Outfitting of defence equipment

The steel sheets are assembled to form smaller parts of the hull.

Defence equipment such as guns, torpedoes, and guided missiles are fitted on different blocks.

The smaller parts formed in the sub assembly are assembled to form the frame of the vessel.

Final assembly

The hull form and arrangement of ship are determined on the design stage. Research and development are also conducted at this stage.

The blocks equipped with defence equipment are assembled to form the vessel.

Prior to processing operation, the steel is surface-treated to prevent corrosion. Then the steel is cut and shape of the hull is formed.

The panels for hull blocks are made efficiently using a dedicated production line system.

► The process of producing ships and keeping the

production schedule in a modern yard is

essential for its efficiency and profitability.

► The US, the UK and Russia are the leading

countries for defence ship manufacturing while

China, South Korea and Japan are the leading

commercial shipbuilding countries.

Source

“The process of shipbuilding”, Sanoyas Holding corporation, accessed 15 July 2016,

http://www.sanoyas.co.jp/en/business/ship/flow/index.html

Shipbuilding, Shippipedia, accessed 15 July 2016, http://www.shippipedia.com/shipbuilding/

Page 12

Project Structure

Procedure for Naval ship building in India

Nomination of shipyard and

Preliminary Staff Requirements

(PSRs)

Preliminary design and build

specification

Build strategy

Budgetary and estimated costs

Negotiations, approval and

conclusion of contract

Detailed design

Procurement of ship-borne

equipment

Monitoring of project and

revision of cost

Capacity assessment of various shipyards are carried out that meet the OSRs and then they are nominated. The PSRs are to be promulgated based on the selected option of the concept design.

Based on the promulgated PSRs, the preliminary design activities are carried out by MoD/Shipyard in consultation, as necessary. Then decided build specifications are forwarded to shipyard(s).

The nominated shipyard(s) is/are to propose a build strategy based on the preliminary build specifications, required delivery schedules, yard infrastructure and available resources.

After approval of the build strategy, the shipyard(s) is/are to forward a budgetary cost for the construction of the ship on the basis of the build strategy, along with draft contract.

After negotiations with the Contract Negotiation Committee (CNC), the contract is taken for approval from CFA after which the contract is concluded.

On conclusion of contract, shipyard is to commence Detailed Design, order equipment & material and obtain binding data for the detailed design.

Procurement of long lead and other items are to be initiated at an early stage, to ensure timely availability based upon the construction schedule.

Different committees such as Apex Steering Committee and Committee under the chairmanship of Controller Warship Production and Acquisition (CWP&A) monitor the ship building.

Project Structure & Implementation Model

Outline Staff Requirements

(OSRs) and Acceptance of

Necessity (AoN)

Ministry of Defence (MoD) prepare the OSRs, which include the role of the ship, dimensions of its hull and required capabilities. The OSRs are then given AoN as per DPP guidelines.

Closure of projectsThe final closure of the ship construction project is carried out within the time schedule of 12 months from the document check list of the last ship of the project

Source

DPP – 2016, http://www.iesaonline.org/downloads/defence_procurement_procedure-2016.pdf

Page 13

Company Location(s)

ABG Shipyard Limited Surat and Dahej

Bharati Defence And Infrastructure Limited Ratnagiri, Dabhol, Mangalore and Kolkata

Larsen & Toubro Limited Hazira and Chennai

Reliance Defence and Engineering Ltd Saurashtra

Western India Shipyard Goa

Modest Infrastructure Ltd Bhavnagar

Key Players

Company Location(s)

Mazagon Dock Limited Mumbai and Nhava

Cochin Shipyard Limited Kochi

Hindustan Shipyard Limited Visakhapatnam

Garden Reach Shipbuilders & Engineers Ltd Kolkata

Goa Shipyard Limited (GSL) Vasco da Gama

Naval Dockyard Mumbai

Shalimar Works Ltd. Howrah

Key players - International

Company Headquarter Product and services

Babcock International London, the UK Construction, up gradation and servicing

General Dynamics Virginia, US Designs, builds and supports warships

Lockheed Martin Maryland, US Manufactures and services navy vessels

Mitsubishi Heavy

IndustriesNagasaki, Japan

Manufactures marine engines, propellers,

turbochargers and other machinery

Key public players - India

Key private players - India

Source

“Global Warship and Naval Vessels Market”, Technavio, 26 October 2015 via Thomson One

“The Naval Vessels and Surface Combatants Market in India to 2025: Market Brief”, Strategic Defence Intelligence, 1 November 2015 via Thomson One

Page 14

Project Financials

Project specifications Details

Land requirements for the facility 165 acre

Number of naval vessels produced annually 2 units

Direct employment generation ( Over the period) 1,000

Approximate cost required for setting up a plant INR 10 Billion

► The total project cost of setting up a naval vessel manufacturing unit is ~INR10 billion. The

facility can manufacture different type of naval vessels such as Interceptor Boats, Naval cadet

training vessels and amphibious ships.

Project cost

Pay-back period

Number of naval vessels produced annually 2

Average price per vessel INR 2 Billion

Annual revenue of manufacturing unit INR 4 Billion

Average Annual Growth rate ~10%

EBITDA margin (Average) 10%

Total payback period ~7 years

Minimum viable size

Fixed cost as percentage of revenue 30%

Variable cost as percentage of revenue 60%

Variable cost per vessel INR 1.2 Billion

Profit above variable cost per unit INR 0.8 Billion

Total fixed cost per year INR 1.2 Billion

Minimum viable size 1.5 units per year

Sources of finance

Term debt INR 5,8 billion

Equity/internal accruals INR 4.2 billion

Total capital expenditure INR 10 billion

Debt to equity ratio 1.4:1

Source

Annual report 2014-2015, ABG Shipyard, http://www.abgindia.com/Annual_Report_2014-2015.pdf, accessed 16 July 2016

“India’s Largest Private Sector Ship-building Company”, AGB Shipyard Investor presentation, December 2012,

http://www.abgindia.com/investor_presentation_2012.pdf

Page 15

Approvals & Incentives

► Gujarat formulated the Shipbuilding/Port Policy in 1995 to promote private sector investment in

development of Greenfield Port. The policy was revised in 2010, according to the new policy

the role of Gujarat Maritime Board (GMB) will be as a developer, regulator and facilitator. GMB

will undertake the following:

Acquisition of Government land for the MSPs and other shipbuilding yard sites

Assist and coordinate to provide infrastructures viz. road, water, power and drainage

Endeavour for providing link approach to nearby National Highway/State Highway/Major District

road

Development of land and conducting technical studies and preparing development plans

Coordinate to provide common user jetty, if required

Navigational aids and dredging at MSP and providing common safety services

Identify and earmark area for common amenities viz. technical institutes, R & D, Banking/Postal

services, shopping, weigh bridges, primary health centre etc.

Endeavour for allotment of plots/facilities for shipbuilding and other services

Shipbuilding policy - 2010

Source

“Shipbuilding Policy – 2010”, Government of Gujarat, 12 May 2010, http://www.indextb.com/documents/shipbuilding_policy_2010.pdf

Page 16

Approvals & Incentives

Incentives under Gujarat A&D manufacturing policy - 2016

Gujarat Industrial Policy 2015

Government of Gujarat has announced an ambitious Industrial Policy, in January 2015, with the

objective of creating a healthy and conducive climate for conducting business and augmenting the

industrial development of the state.

Category of

Project Location

(Taluka)

% of eligible fixed

capital investment

entitled for

Incentive

% of Net VAT

reimbursement to

the unit

% of Net VAT to be

paid to

Government

Incentive period

(no. of years)

1 100 90 10 10

2 80 80 20 10

3 70 70 30 10

Net VAT incentive will be reimbursed to the industrial undertaking in one financial year will not

exceed one-tenth of the total amount of eligible incentive.

Quantum of incentives

Net VAT incentives

Classification of the Project Amount (in INR crore)

Ultra Mega Industrial Unit 500

Mega lndustrial Unit 400

Large Industrial Unit 150

Micro, Small or Medium Industrial Unit 50

The incentives under this policy will be available to all the Talukas listed in Government Resolution

dated 25/7/2016 except municipal corporation areas.

Government of Gujarat is in the process declaring an incentive scheme for Aerospace and defence

manufacturing in the State.

Manufacturing of defence equipment is allowed 100% FDI on approval route; 49% through

automatic route

Procedure for grant of industrial licenses have been streamlined

Incentives from Government of India (GoI)

A weighted tax deduction for defence players under Section 35 (2AA) of the Income Tax Act

Source: “Defense Manufacturing”, Make in India website, http://www.makeinindia.com/sector/defence-manufacturing, accessed 16 July 2016

Industrial Policy – 2015, Government of Gujarat, http://www.indextb.com/documents/102014-922908-G.pdf, 19 January 2015

Page 17

Approvals and Incentives

Approvals/clearance required Department to be approached and consulted

Incorporation of company Registrar of companies

Registration/Industrial license Secretariat if industrial assistance (SIA) for large and

medium scale industries

Allotment of land State industrial development corporation

No objection certificate (NOC) under

air and water pollution control acts

State pollution control board

Approval of construction and country

planning► Town and country planning

► Municipal and local authorities

► Chief inspector of factories

► Pollution control board

► Electricity board

Use and storage of explosives Chief controller of explosives

Finance For loans higher than INR 1.5 crore, all India financial

institutions like Industrial Development Bank of India(IDBI),

Industrial Credit and Investment Corporation of India(ICICI),

Industrial Finance Corporation of India(IFCI) etc.

Registration under state sales tax act

and Central and State excise act► Sales tax department

► Central and state excise department

Code number for export and import Regional office of director general of foreign trade

Environmental clearance Ministry of environment, forest and climate change after

conducting environment impact assessment (EIA) for any

project

Facilitation for setting up project Industries Commissioner will facilitate for state clearances

required to set up project.

Hazardous waste import and export

approval

Ministry of environment, forest and climate change

Exiting business Ministry of corporate affairs

GoG has introduced single window facilitation portal for investors with undermentioned benefits:

► Centralized system to monitor applications

► User friendly and simplified application process for investors

► System for authorities and investors to check the status of applications

► Increased departmental ownership

► The unit shall be facilitated through ‘Investor Facilitation Portal’ for obtaining all the

necessary state approvals/ clearances - https://www.ifpgujarat.gov.in

Indicative List of Approvals

Office of The Industries Commissionerate

Block No. 1, 2nd Floor, Udyog Bhavan,

Gandhinagar 382 010. Gujarat

Ph.: 23252683/23252617

Email ID: iccord@gujarat.gov.in

This project profile is based on preliminary study to facilitate prospective entrepreneurs to assess a prima facie scope.

It is, however, advisable to get a detailed feasibility study prepared before taking a final investment decision.

Gujarat Industrial Development Corporation

Industries & Mines Department

Office of Industries Commissioner

www.gidc.gov.in

www.imd-gujarat.gov.in

www.ic.gujarat.gov.in

Industrial Extension Bureau

www.indextb.com