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INFORMATION TECHNOLOGY PARK INFORMATION TECHNOLOGY PARK IN SEZ IN SEZ Presentation By Shashikant Chaudhary President & CEO Lambent Technologies Pvt Ltd Nagpur

INFORMATION TECHNOLOGY PARK IN SEZ

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INFORMATION TECHNOLOGY PARK IN SEZ. Presentation By Shashikant Chaudhary President & CEO Lambent Technologies Pvt Ltd Nagpur. Drivers for Push to IT II tier cities. Business Continuity Attrition Rate more than 6% per month Cost of operations - PowerPoint PPT Presentation

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Page 1: INFORMATION TECHNOLOGY PARK IN SEZ

INFORMATION TECHNOLOGY PARKINFORMATION TECHNOLOGY PARKIN SEZIN SEZ

Presentation ByShashikant ChaudharyPresident & CEOLambent Technologies Pvt LtdNagpur

Page 2: INFORMATION TECHNOLOGY PARK IN SEZ

Drivers for Push to IT II tier cities Drivers for Push to IT II tier cities

Business Continuity Attrition Rate more than 6% per month Cost of operations Grow aggressively Diversify Risk Manpower supply

Page 3: INFORMATION TECHNOLOGY PARK IN SEZ

Inhibitors and Drivers Inhibitors and Drivers

Page 4: INFORMATION TECHNOLOGY PARK IN SEZ

Nagpur History Nagpur History

No communal riots No history of major crime No history of Natural disasters , Tsunami and

Earthquake and flooding No Threat of War, 1000 km from every border

Page 5: INFORMATION TECHNOLOGY PARK IN SEZ

Nagpur Fact SheetNagpur Fact Sheet

Cleanest City Second Greenest Geo Centre of India Planned city –no restriction to growth Very well connected by Rail and Road Good Health care and Educational infrastructure

Page 6: INFORMATION TECHNOLOGY PARK IN SEZ

Nagpur Socio-Cultural BackdropNagpur Socio-Cultural Backdrop

Cosmopolitan, Open, Friendly and Peaceful environment Good mix of entertainment and cultural activities Entertainment facilities

MultiplexesEntertainment parksDance floorsFast food outlets

Forest percentage highest in India, Kanha, Pench, Nagzira, Melghat and Tadoba offering Tiger Safaris Hill stations Chikhadara,Panchmadhi for breaks during weekends

Page 7: INFORMATION TECHNOLOGY PARK IN SEZ

Mihan strategic importanceMihan strategic importance

Direct International flight Fulfilling Echo system

International SchoolHealth CityCountry Club300 ha Residential Facility

Economic Land Prices Larger companies require large campuses Captive Power plant –no dependency on external factors World class Connectivity and water supply

Page 8: INFORMATION TECHNOLOGY PARK IN SEZ

Nagpur Current IT scenario Nagpur Current IT scenario

60 IT units More than 65% export oriented More that 2500 people employed 6-7 years of maturity 2 Govt and one Pvt IT park Multiple ISP’S STPI, BSNL, Reliance and Tata

Page 9: INFORMATION TECHNOLOGY PARK IN SEZ

Nagpur AdvantageNagpur Advantage

No Big Company around - less competition, less attrition Huge Catchment Area of 300 Sq km Cost of infrastructure is 50% of the cities Travel time is less than 15 min

average of 45 min in big cities,

saves on commutation time , increased productivity

less cost for company to manage employees movement

Page 10: INFORMATION TECHNOLOGY PARK IN SEZ

Experience of Existing IT UnitsExperience of Existing IT Units

No horizontal migration Strong Loyalty –people for last 7-8 years Good training ground for freshers Farm and Grow model Large Pool of freshers to select from Excellent Demonstrated performance

Page 11: INFORMATION TECHNOLOGY PARK IN SEZ

ManpowerManpower

Second most Student populated city Maximum number of boys going to Mumbai IIT MTech Pool of senior people who want to come back to Nagpur High Hit ratio for ITES – no accent neutralization required Matured education systems – Colleges since 1984, only after

Karnataka

cont..

Page 12: INFORMATION TECHNOLOGY PARK IN SEZ

ManpowerManpower

More than 75 colleges in catchment area, BE, MCA and MSc in supplying more than 12000 people

Good Dedicated Technical Institutes CDAC, IBM , Kanetkar school of embedded and wireless technologies,

Good foreign language training for Japanese, French and German

Campus Quality Indicator- Major companies come regularly and pickup engineers in good numbers.

City Quality Indicator - Every alternate week MNC like CSC, HSBC, MBT, visiting nagpur to hunt talent.

Page 13: INFORMATION TECHNOLOGY PARK IN SEZ

IT park BenefitsIT park Benefits

No taxation on the equipments, No customs duty and income tax holiday, No excise duty on goods coming from domestic tariff area, No state taxes such as Sales Tax, registration and Stamp Duty an Flexible labour laws. Exemption from electricity duty for 10 years. No octroi or any other entry charges on capital equipment

purchases.

Page 14: INFORMATION TECHNOLOGY PARK IN SEZ

Shashikant Chaudhary

Lambent Technologies Pvt Ltd

www.lambenttek.com

Thank You