AGENDA. First UAC Meeting of IT / ITES SEZs

Transcription

1 AGENDA First UAC Meeting of IT / ITES SEZs 19 th September 2008 at 1430 hrs Venue Board Room, Software Technology Parks of India No. 76, 77, 6 th Floor, Cyber Park, Electronics City, Phase I Bangalore

2 Item No: Brief about Vrindavan Techvillage SEZ (formerly M/s. Vikas Telecom Ltd) Vrindavan Techvillage an IT/ITES SEZ was approved by BOA vide LOA: No: F2(2)/33/2006-EPZ Dated: 7 th April File No. 3/17/2006:Infra:CSEZ; The total area notified for SEZ operations is hectares; Processing area hect and hect non processing area. The SEZ is located at Devarabeesanahalli & Kariyammana Agrahara Villages of Varthur Hobli, Bangalore East Taluk, Karnataka. Developer has executed BLUT vide Vikas Telecom Ltd/BLUT/12/ dated: 11th Dec 2006 for Bond amount of Rs crs. The initial proposal of the developer to BOA is as follows: 1. Initial Investment Proposed : 980 Cr 2. Proposed for SEZ 105 acre, of which 89 acres & 17 guntas has been acquired by KIADB and handed over to developer.- remaining under various stages of acquisition 3. Proposed for Built up space of 7 million sq ft in phases; to house employees. The UAC for the zone has been constituted vide Gazette Notification by MOC dt. 26/7/2007. The authorized operations of M/s Vrindavan Techvillage SEZ (formerly M/s. Vikas Telecom Ltd) has been approved by MOC vide F. No. 3/17/2006 :Infra:CSEZ, dated 03rd July, 2006, the details are enclosed herewith as Annexure Authorized Operations VRINDAVAN : Performance of the Zone as of July 2008: Imports Goods Procured under ARE-1 in Rs. Crores Exports Deemed Export Raw material Capital Goods Raw material Capital Goods Upto July 2008 Foregone Foregone Foregone Foregone DTA Sales paid Page 1

3 Item No: 1.1 Sl. No. 1.1 SEZ units operating under Vrindavan Techvillage SEZ Name of the LOA BLUT Area of SEZ unit Expertise 1 M/s. Geometric Limited LOA No. 10/10/2008: Vikas Telecom SEZ/Geometric Dt: 9/5/2008 Nil Dt: 11/6/2008 for Rs Crs. Provides value added engineering services for the Aerospace, Automotive, Hi- Tech manufacturing, Ship building and General Engineering industry segment. Space Projections made during initial approval Sq ft. Investment Rs lacs. Exports Rs.21,537/- Lacs. Manpower Perfor mance as of July Exports Yet to commen ce the operatio ns in this Zone. 2 M/s. Cisco Systems India Pvt. Ltd 3 M/s. Satyam Computer Services Ltd LOA No. 10/9/2008: Vikas SEZ/CISCO Systems Dated: 7 th May 2008 LOA No. 10/7/2008: Vikas Telecom SEZ/Satyam Computers Dated: 26/3/2008 Nil Dated: 14 th May 2008 for Rs.300 crs Nil Dated: 26/3/2008 for Rs.25 crs Proposed activity at SEZ: Product Engineering; manufacturing; SCM & Advanced Engineering R & D activity in product design, testing, engineering and production support Telecom Networking space. in Software Development; System Integration; ERP, SCM & CRM solution; Product development; E- 2,36,000Sq ft Investment Rs. 41,686 lacs. Exports Rs. 2,41,659/- Lacs. Manpower sq ft Investment Rs. 8000/- lacs. Exports Rs. 2,14,410/- Lacs. Manpower - Page 2 Yet to commen ce the operatio ns in this Zone. Yet to commen ce the operatio ns in this Zone

4 Sl. No. Name of the SEZ unit 4 M/s. Outsource Partners International Private Limited 5 M/s. National Tax Preparation Services Pvt. Ltd 6 M/s. T- Systems India Private Limited Commerce; Consulting Outsourcing. LOA BLUT Area of Expertise LOA: No.37/08/2007: Vikas Telecom SEZ/ dated 17/7/ 2007 LOA No. 10/7/2008: Vikas Telecom SEZ/NTPS Pvt Ltd Dated: 7/3/2008 LOA: No.37/24/2007: IL:VikasSEZ/ dated 27/11/ /08/200 7:Vikas SEZ/ dated 11/8/2007 for Rs.14 crs Yet to execute BLUT BLUT/32 / dated 8/12/2007 for Rs.8.90 crs & BPO activity Finance & Accounting BPO Finance & Accounting Software Development; Application Life Cycle management; Testing and validation Space 2,40,000 Sq.ft 2100 Projections made during initial approval Investment Rs lacs. Exports Rs. 6,960/- Lacs. Manpower ,000 Sq. ft. Investment Rs. 110 lacs. Exports Rs. 5400/- Lacs. Manpower ,000 Sq.ft Investment Rs lacs. Exports Rs. 56,521/- Lacs. Manpower - 1,283 Perfor mance as of July 2008 [Export ] Rs crs of exports for July Cumm Rs crs for Yet to commen ce the operatio ns in this Zone Rs.2.99 crs during July Cumm Rs.9.05 crs Page 3

5 Item No: Approval for List of Goods & Services to be used within Zone for authorized operations. Sl. Developers Particulars in Rs Reason Remarks Page Nos No. request Ref (CE certified) (CE certified) 1 10/8/2008 Interior, Cafeteria and Toilet Materials for Rs /- (Rs.2.52/-) For client OPI For Consider building 2D of the ation of processing area from UAC. M/s. Soundarya Decorators Pvt.Ltd. 2 22/8/2008 LAN cabling works for OPI project from M/s. Epitom Infotech Solution Pvt.Ltd 3 21/8/2008 HVAC works & Building automation system for OPI project from M/s. Blue Star Limited. 4 12/8/2008 High Speed Diesel - 6,00,000 Ltrs from Indian Oil Corporation 5 22/8/2008 Installation of the flexible installation drops in building 2D from Fire Cool 6 8/9/2008 Work station chairs for building 2D from Pace seating systems (P) Ltd 7 10/9/2008 Cafeteria kitchen works for building 2D- Phase 1 from Agni Kitchens 8 10/9/2008 Roller blinds with motorized option works for building 2D- Phase 1 from Mac Décor Ltd Rs. 30,33, For client OPI Rs. 84,85, For client OPI Rs. 2,35,20, For back up power - usage in DG set Rs.7,88,625/- For client OPI Rs /- for building 2D Rs /- for building 2D- Phase 1 Rs /- for building 2D- Phase 1 For Consider ation of UAC. For Consider ation of UAC. For Consider ation of UAC. For Consider ation of UAC. For Consider ation of UAC. For Consider ation of UAC. For Consider ation of UAC. Page 4

6 Total Rs /- [Rs.7.00cr] Item No: Procurement of materials for authorized operation M/s Vrindavan Techvillage SEZ (formerly M/s. Vikas Telecom Ltd) for Ratification: Sl. Approval Ref No. 1 3/17/2006: Vikas Telecom SEZ/ Dt: 9/8/2007 Developers request Ref NIL dt. 30/7/2007 Particulars (CE certified) Additional items - Facade works in Rs (CE certified) Rs /- (Rs crs) Page Nos Remarks For Ratification with UAC. 2 3/17/2006: Vikas Telecom SEZ/ Dt: 11/9/ /17/2006: Vikas Telecom SEZ/ Dt: 19/9/ /17/2006: Vikas Telecom SEZ/ Dt: 23/10/ 2007 Rs /- [Rs crs] Rs /- [Rs.6.11 crs] Rs /- [Rs crs.] NIL dt. 28/8/2007 HVAC, fire sprinklerhydrant system et NIL dt. 4/9/2007; LT panel & Fire 6/9/2007 Alarm System etc NIL dt. 20/9/2007 Building & 11/10/2007 Management Works & External Electrical works etc /17/2006: Vikas Telecom SEZ/Nil Dt: 6/11/ /17/2006: Infra:CSEZ/ Dated: 4/12/2007 & STPI-B/DIR/SEZ/2007 Dt:28/12/ STPI-B/DIR/SEZ/2008 Dt. 1/1/2008 NIL dt. 15/10/2007 & 27/10/2007 NIL dt. 27/11/2007& 28/11/2007 NIL dt. 26/11/2007 Establishing DG power house from Rai Industrial Power (p) ltd & Granite Cladding works etc. from M/s.Chourasia Interiors (P) Ltd HSD Yard-M &E works and Internal & External Water supply and drainage works Civil & other Misc. works Rs /- [Rs crs]. Rs /- [Rs crs] Rs /- [Rs crs] /17/2006: Infra:CSEZ Dated: 31/1/2008 8/12/2007 Purchase of Elevators, Cleaning façade, PHE Pumps etc Rs /- [Rs crs.] Page 5

7 Sl. No. Approval Ref Developers request Ref Particulars (CE certified) in Rs (CE certified) Page Nos Remarks 9 3/17/2006: Infra:CSEZ Dt: 31/1/ /17/2006: Infra:CSEZ Dt.31/1/ /17/2006: Infra:CSEZ Dt.31/1/ /17/2006: Infra:CSEZ Dt.31/1/ /17/2006: Infra:CSEZ Dt.5/2/ /17/2006: Infra:CSEZ Dt: 7/2/ /17/2006: Infra:CSEZ Dt: 21/2/ /17/2006: Infra:CSEZ Dt: 21/2/ /17/2006: Infra:CSEZ Dt.21/2/2008 NIL dt. 14/1/2008 Internal Electric works (main power distribution, UPS power distribution, data cabling ), interior fit outs NIL dt. 18/1/2008 Interior HVAC works of building 2 D - Phase-I NIL dt. 21/1/2008 Building Management works NIL dt. 22/1/2008 Networking of the Building 2 D of Phase-I NIL dt. 4/2/ 2008 construction material for Phase-II NIL dt. 5/2/ 2008 Building cell and core works for Phase-II NIL dt. 9/2/ 2008 Interior seating system (chairs) for building 2 D Phase-I from Pace Seating System Pvt. Ltd. NIL dt.12/2/ 2008 Interior false ceiling works for building 2 D Phase-I from KNAUF AMF GMBH & Co. and Shivani Fashions. NIL dt. 14/2/2008 Security system (Fire alarm system) for building 2 D Phase-I from G4S Security System India Rs /- [Rs.7.33 crs.] Rs /- [2.95 crs.] Rs /- [Rs.1.38 crs] Rs /- [Rs.1.48 crs.] Rs /- [Rs crs] Rs /- [Rs crs] Rs /- [Rs.0.6 crs] Rs /- [Rs.0.47 crs] Rs /- Rs crs & Page 6

8 Pvt., Ltd Sl. Approval Ref No. 18 3/17/2006: Infra:CSEZ Dt.21/2/ /17/2006: Infra:CSEZ Dt.22/2/ /17/2006: Infra:CSEZ Dt.22/2/ /17/2006: Infra:CSEZ Dt. 2/4/ /17/2006: Infra:CSEZ Dt. 2/4/ /17/2006: Infra:CSEZ Dt.23/7/2008 Developers Particulars request Ref (CE certified) NIL dt. 16/2/2008 Interior toilet works for building 2 D Phase-I from Soundrya Decorators P Ltd. NIL dt. 4/2/2008 Carpet works of interior works for building 2 D Phase-I NIL dt. 20/2/2008 t interior works for building 2 D Phase-I NIL dt. 27/3/2008 interior works for building 2 D Phase-I from Soundrya Decorators P Ltd. NIL dt. 17/3/2008 Additional Electrical works, Controller & BMS works and External Electrical material HT/LT electrical works for building Phase-I NIL dt. 10/7/2008 Internal civil finishes and sanitary and water supply system works in Rs (CE certified) Rs /- [Rs.0.99 crs] Rs /- [Rs.0.24 crs] Rs /- [Rs crs] Rs /- [Rs.0.86 crs] Rs /- [Rs 7.10 crs] Rs /- [Rs 3.07 crs] Page Nos Remarks Rs crs Page 7

9 Item No: New Unit Registration under Vrindavan Techvillage SEZ Bangalore for Ratification: 1.4(a) M/s. Satyam Computer Services Ltd M/s. Satyam Computer Services Ltd. had requested vide No Nil dt: 29/02/2008 for setting up a unit in the notified SEZ premises of Vrindavan Techvillage SEZ, Bangalore, Karnataka, for carrying out software development & ITES activity as per SEZ Rule 27(1) In this context, M/s. Satyam Computer Services Ltd. has furnished the following documents in support of their approval. 1. Copy of their PAN 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association 3. List of Directors 4. Import Export code copy 5. D.D of Rs. 5000/-, drawn in favor of the PAO, CSEZ Cochin M/s. Satyam Computer Services Ltd. intends to set up their Software development operations in the premises of Vrindavan Techvillage Special Economic Zone, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer has consented to provide the office space measuring 2,07,440 sft situated at Level 1 to Level 7 of the Building known as Tower 2B located at Vrindavan Tech Village Hobli, Bangalore East Taluk, Bangalore, Vide their letter dated 29th January, The Project Report submitted by the. M/s. Satyam Computer Services Ltd. Bangalore, indicates total investment required for carrying out software development & ITES activity, the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity Software Development; System Integration; ERP, SCM & CRM solution; Product development; E-Commerce; Consulting & Outsourcing. 2 Investment for 5 Years Rs (in Lakhs) 3 Proposed value of Import and Indigenous Material Imports Rs lakhs; indigenous Rs Employment 2100 (Men 1650 and Women 450) 5 Foreign Exchange Inflow Rs lakhs 6 Foreign Exchange Out flow Rs Lakhs Page 8

10 7 Net Foreign Exchange Earnings for Five years Rs Lakhs The Application furnished by M/s. Satyam Computer Services Ltd. Bangalore is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules The same has been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the Development Commissioner has considered M/s. Satyam Computer Services Ltd. Bangalore to set up a unit in the notified premises of Vrindavan Techvillage SEZ Bangalore, and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006 was accorded vide LOA. F. No.10/7/2008:Vikas Telecom SEZ/Satyam Computers Dt: 26th March Subsequently, the unit has executed BLUT vide Nil dated: 26/03/2008 for Bond amount of Rs crs. Put up for the ratification of UAC Page 9

11 1.4(b) M/s. Cisco Systems India Pvt. Ltd. M/s. Cisco Systems India Pvt. Ltd. had requested vide No Nil dt: 22/04/2008 for setting up a unit in the notified SEZ premises of Vrindavan Techvillage SEZ, Bangalore, Karnataka, for carrying out software development & ITES activity, as per SEZ Rule 27(1) In this context, M/s. Cisco Systems India Pvt. Ltd. has furnished the following documents in support of their approval. 1. Copy of their PAN (Annexure - I) 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association (Annexure - I) 3. List of Directors (Annexure - III) 4. Import Export code copy (Annexure - VI) (Annexure - V) 5. D.D of Rs. 5000/-, drawn in favor of the PAO, CSEZ Cochin M/s. Cisco Systems India Pvt. Ltd, intends to set up their Software development operations in the premises of Vrindavan Techvillage SEZ, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer has consented to provide the office space measuring 2,36,000 sq.ft situated at Tower 1 of 2B comprising of basement, ground and four upper Floors located at Vrindavan Tech Village Hobli, Bangalore East Taluk, Bangalore. The Project Report submitted by the. M/s. Cisco Systems India Pvt. Ltd. Bangalore, indicates total investment required for carrying out software development & ITES activity, the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity R & D activity in product design, testing, engineering and production support in Telecom Networking space. 2 Investment for 5 Years Rs Lakhs 3 Proposed value of Import and Indigenous Material Imported Rs Lakhs; Indigenous Rs. 192 Lakhs 4 Employment 985(Includes Men and Women) 5 Total Project Export for 5 Years Rs lakhs 6 Foreign Exchange Out flow Rs Lakhs 7 Net Foreign Exchange Earnings for Five years Rs Lakhs Page 10

12 The Application furnished by M/s. Cisco Systems India Pvt. Ltd. Bangalore, is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules The same have been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the Development Commissioner has considered M/s. Cisco Systems India Pvt. Ltd. Bangalore to set up SEZ unit in the notified premises of Vrindavan Techvillage SEZ Bangalore and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006 was accorded vide LOA No. F.No. 10/9/2008 Vikas SEZ/Cisco Systems Dt: 07/05/2008 Subsequently, the unit has executed BLUT vide No. Nil dated: 14 th May 2008 for Bond amount of Rs crs. Put up for the ratification of UAC Page 11

13 1.4(c) M/s. Geometric Limited. had requested vide No Nil dt: 28/04/2008 for setting up a unit in the notified SEZ premises of Vrindavan Techvillage SEZ, Bangalore, Karnataka, for carrying out software development & ITES activity as per SEZ Rule 27(1) In this context, M/s. Geometric Limited, has furnished the following documents in support of their approval. 1. Copy of their PAN 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association 3. List of Directors 4. Import Export code copy 5. D.D of Rs. 5000/-, drawn in favor of the PAO, CSEZ Cochin M/s. Geometric Limited intends to set up their Software development operations in the premises of Vrindavan Techvillage Special Economic Zone, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer has consented to provide the office space measuring 30,000 sq.ft situated at Tower 3 of 2B located at Vrindavan Tech Village Hobli, Bangalore East Taluk, Bangalore, Vide their letter dated 28th April, 2008 The Project Report submitted by M/s. Geometric Limited. Bangalore, indicates total investment required for carrying out software development & ITES activity, the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity Product Engineering; manufacturing; SCM & Advanced Engineering 2 Investment for 5 Years Rs (in Lakhs) 3 Proposed value of Import and Indigenous Material Imports Rs. 360 lakhs; Indigenous Rs.840 Lakhs) 4 Employment 432 (Men 260 and Women 172) 5 Foreign Exchange Inflow Rs 21537(In lakhs) 6 Foreign Exchange Out flow Rs (in Lakhs) 7 Net Foreign Exchange Earnings for Five years Rs (in Lakhs) Page 12

14 The Application furnished by M/s. Geometric Limited. Bangalore is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules The same have been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the Development Commissioner has considered M/s. Geometric Limited. Bangalore to set up a unit in the notified premises of Vrindavan Techvillage SEZ Bangalore, and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006 was accorded vide LOA No. F. No. 10/10/2008: Vikas Telecom SEZ/Geometric Dt: 9th May 2008 Subsequently, the unit has executed BLUT vide Nil dated: 11/06/2008 for Bond amount of Rs.2.36 crs. Put up for the ratification of UAC Page 13

15 1.4 (d)m/s. National Tax Preparation Services Pvt. Ltd M/s. National Tax Preparation Services Pvt. Ltd had requested vide No NTPSPL/SEZ/2008/1 dt: 12/02/2008 for setting up a unit in the notified SEZ premises of Vrindavan Techvillage SEZ, Bangalore, Karnataka, for carrying out software development & ITES activity as per SEZ Rule 27(1) In this context, M/s. National Tax Preparation Services Pvt. Ltd. has furnished the following documents in support of their approval. 1. Copy of their PAN 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association 3. List of Directors 4. Import Export code copy 5. D.D of Rs. 5000/-, drawn in favor of the PAO, CSEZ Cochin M/s. National Tax Preparation Services Pvt. Ltd. intends to set up their Software development operations in the premises of Vrindavan Techvillage SEZ, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer has consented to provide the office space measuring 20, sq.ft situated at Devarabeesanahalli & Kariyammana Agrahara Villages of Varthur Hobli, Bangalore East Taluk, Karnataka. The Project Report submitted by M/s. National Tax Preperation Services Pvt. Ltd. Bangalore, indicates total investment required for for carrying out software development & ITES activity, employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity Development of Software and Consultancy, IT/ITES 2 Investment for 5 Years Rs. 110 Lakhs 3 Proposed value of Import and Indigenous Material Imports Rs. 100 lakhs; indigenous Rs.10Lakhs 4 Employment 145 (Men 75 and Women 70) 5 Foreign Exchange Inflow Rs.5400 lakhs 6 Foreign Exchange Out flow Rs. 100 Lakhs 7 Net Foreign Exchange Earnings for Five years Rs Lakhs Page 14

16 The Application furnished by M/s. National Tax Preparation Services Pvt. Ltd.. Bangalore, is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules The same has been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the Development Commissioner has considered M/s. National Tax Preperation Services Pvt. Ltd.. Bangalore to set up a unit in the notified premises of Vikas Telecom Ltd. SEZ Bangalore SEZ, Bangalore and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006 was accorded vide LOA No. F.No. 10/07/2008: Vikas Telecom SEZ/NTPS Pvt Ltd dated 07/03/2008. The unit is yet to execute BLUT. Put up for the ratification of UAC Page 15

17 Item No: Shifting of premise of M/s. T-Systems India (P) Ltd from Vrindavan Techvillage SEZ to Manyata Embassy Business Park Page 16

18 2.0 Brief about M/s. ADARSH PRIME PROJECTS PRIVATE LIMIED Adarsh Prime Projects (P) Ltd an IT/ITES SEZ was approved by BOA vide LOA: No:F.2/91/2005-EPZ dated 15 th June, [Total hectares; Initially Processing Area:20.34 hect; Non-Processing Area 7.57 hect; Subsequently Processing Area:18.96 hect; Non-Processing Area 8.95 hect ]. Proposed for SEZ of hect to construct appx.60,000 sq ft. The SEZ is located Devarabeesanahalli, Bhoganahalli and Doddakannelli Village, Varthur Hobli, Marathahalli, Koramangala Outer Ring Road, Bangalore East Taluk, Bangalore, Karnataka. Developer has executed BLUT vide No.3/25/2006:ADARSHPRIME SEZ/ dated 31/10/2006 for Bond amount of Rs crs. The UAC for the zone has been constituted vide Gazette Notification by MOC dt. 26/7/2007. The authorized operations of M/s. Adarsh Prime Project Pvt. Ltd., has been approved by MOC vide No. F.2/91/2006-EPZ dated 13/2/2007 by MOC, the details are enclosed herewith as Annexure Authorized Operations ADARSH : Performance of the Zone as of July 2008: Imports Goods Procured under ARE-1 in Rs. Crores Exports Deemed Export Raw material Capital Goods Raw material Capital Goods Upto July 2008 Foregone Foregone Foregone Foregone DTA Sales paid Page 17

19 2.1 SEZ units operating under Adarsh Prime Projects (P) Ltd SEZ Sl. No. Name of the SEZ unit 1 M/s. SUBEX AZURE-II Limited LOA BLUT Area of Expertise LOA: No.37/19/2007: IL:AdarshSEZ/ 7133 dated 31/10/2007. No.BLUT/29 / dated 07/11/2007 amount of Rs.9.80 crs Provides IT services, ITES BPO, Export services, Product exports and Domestic Model. Space Projections made during initial approval 208,552 sq. ft Investment Rs Exports Rs Lacs Manpower Perfor mance as of July 2008 [Export ] Rs crs for July Cumm 3.11 crs 2. M/s. SUBEX AZURE-I Limited LOA: No.37/18/2007: IL:AdarshSEZ/ 7131 dated 31 st October, No.BLUT/28 / dated 07/11/2007. Bond amount of Rs crs. Provides IT services, ITES BPO, Export services, Product exports and Domestic Model sq. ft Investment Rs Exports Rs. 37, Manpower Rs crs for July Cumm Rs.33.4 Crs 3. M/s. ConnectM Technology Solutions Pvt. Ltd LOA No. 10/4/2008: ADARSH SEZ/CONNEC T-M Dated: 25 th February 2008 No. Nil Dt. 28/5/2008 for Rs Crs Machine to Machine connectivity, Turnkey Solution, Business & knowledge outsourcing. Etc. 10,000 sq.ft. Investment Rs /- lacs Exports Rs. 19,483/- Lacs Manpower - 40 Yet t commenc the operation. 4. M/s. Honeywell Technology Solutions Lab India Private Limited LOA: No. 37/06/2006:CS EZ:ADARSHS EZ/5575 dated No. Honeywell/B LUT/10/ dt. 09/11/2006 for Rs Crs Product expertise in s/w and h/w in the various field like Aerospace, Automation & control, Transportatio n & Power, Specialty Materials Sq.ft. Investment Rs Exports Rs Manpower Rs Crs for July Cumm Rs crs Page 18

20 Sl. No. Name of the SEZ unit 5. M/s. KPIT Cummins Infosystems Limited LOA BLUT Area of Expertise LOA F.No. 10/9/2008:ADA RSH SEZ/CUMMIN S dated No.STPIB/S EZ/13500 dt: 27/06/2008 for Rs.3.30 crs IT,ITES, N/W security, s/w development, BPO, education, training & research etc. Space sq.ft. Projections made during initial approval Investment Rs. 4, lacs Exports Rs. 40,401/- lacs Manpower Perfor mance as of July 2008 [Export ] Yet to commen ce the operation Page 19

21 Item No: New Unit Registration under Adarsh Prime Projects (P) Ltd SEZ for Approval : 2.2 (a) M/s. Sasken Communication Technologies Ltd. M/s. Sasken Communication Technologies Ltd. Bangalore has requested vide No: Nil Dt. 19/8/2008 for Setting up a SEZ unit in the notified SEZ premises of Adarsh Prime Projects Pvt. Ltd. Karnataka for Carrying out Software development & ITES activity, and for Operations, Maintenance, Expansion of the as per SEZ Rule 27(1) In this context, M/s. Sasken Communication Technologies Ltd, Bangalore has furnished the following documents in support of their approval. 1. Copy of their PAN. 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association. 3. Letter of Intent from the developer 4. DD No: dt.19/8/2008 for Rs. 5000/-, drawn in favor of the PAO, MOC, New Delhi. 5. Project Report. 6. Financial Projections. 7. List of Directors. 8. Address proof of the Directors. 9. Bankers Certificate. 10. Blue print of the building. 11. IE Code. 12. DIN Copies. 13. Audited Balance Sheet. The Project Report submitted by the M/s. Sasken Communication Technologies Ltd Bangalore, indicates total investment required for the development of their infrastructural facilities so also the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity Software Development, Research and Development, Wireless s/w product and s/w services. 2 Investment for 5 Years Rs. 1, Lakhs 3 Proposed value of Import and Indigenous Material Imports Rs. 148/- lakhs, indigenous Rs 976/ lakhs 4 Employment 300 (Includes Men and Women) 5 Total Project Export for 5 Years Rs. 24, lakhs 6 Foreign Exchange Out flow Rs. 5, Lakhs 7 Net Foreign Exchange Earnings for Five years Rs. 19, Lakhs Page 20

22 M/s. Sasken Communication Technologies Ltd. Bangalore intends to set up their Software development operations in the premises of Adarsh Prime Projects Pvt. Ltd. Special Economic Zone, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer Adarsh Prime Projects Pvt. Ltd. have consented to provide the office space measuring 32,533 sq ft situated at Ground of Phase I, Ground and First Floors of Phase II vide their letter dated 19 th August The Application furnished by M/s. Sasken Communication Technologies Ltd., Bangalore, is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules 2006.The same has been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the SEZ Unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the UAC/DC may consider M/s. Sasken Communication Technologies Ltd to set up a unit in the notified premises of Adarsh Prime Projects Pvt. Ltd SEZ, Bangalore and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006, may be issued. Put up for the approval of the UAC / Development Commissioner IT/ITES. Page 21

23 2.2 (b) M/s. Photon Infotech (P). Ltd. M/s. Photon Infotech (P) Ltd. Bangalore, has requested vide No: Nil Dated: 04/8/2008 and 4/9/2008 for Setting up a SEZ unit in the notified SEZ premises of Adarsh Prime Projects Pvt. Ltd. Karnataka for Carrying out Software development & ITES activity, and for Operations, Maintenance, Expansion of the as per SEZ Rule 27(1) 2006 In this context, M/s. Photon Infotech (P) Ltd. Bangalore has furnished the following documents in support of their approval. 1. Copy of their PAN. 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association. 3. Letter of Intent from the developer 4. DD No: dt.5/8/2008 for Rs. 5000/-, drawn in favor of the PAO, MOC, New Delhi. 5. Project Report. 6. Financial Projections. 7. List of Directors. 8. Address proof of the Directors. 9. Blue print of the building. 10. IE Code. 11. DIN Copies The Project Report submitted by the M/s. Photon Infotech (P) Ltd Bangalore., indicates total investment required for the development of their infrastructural facilities so also the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity Web 2.0 Technologies, Service Oriented Architecture, Web services and Business Process Management, Open Source Consulting and Implementation, Application Design, Development and Maintenance, Co-product /platform Development. 2 Investment for 5 Years Rs Lakhs 3 Proposed value of Import and Indigenous Material Imports Rs lakhs & indigenous - NIL 4 Employment 925 (Includes Men and Women) 5 Total Project Export for 5 Years Rs. 5, lakhs 6 Foreign Exchange Out flow Rs Lakhs 7 Net Foreign Exchange Earnings for Five years Rs. 4, Lakhs Page 22

24 M/s. Photon Infotech (P) Ltd. Bangalore intends to set up their Software operations in the premises of Adarsh Prime Projects Pvt. Ltd., Special Economic Zone, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The developer has consented to provide the office space measuring 25, sq ft situated at Unit 1 of Tower 1, Phase II, Adarsh Prime Projects Pvt. Ltd, Outer Ring Road, Sarjapur Road, Bangalore vide their letter dated 4 th August The application furnished by M/s. Photon Infotech (P) Ltd., Bangalore, is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules 2006.The same have been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the UAC/DC may consider M/s. Photon Infotech (P) Ltd to set up a unit in the notified premises of Adarsh Prime Projects Pvt. Ltd. SEZ, Bangalore and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006, may be issued. Put up for the approval of the UAC / Development Commissioner IT/ITES. Page 23

25 Item No: New Unit Registration under Adarsh Prime Projects (P) Ltd SEZ Bangalore for Ratification: 2.3 (a) M/s. ConnectM Technologies Solutions Pvt. Ltd M/s. ConnectM Technologies Solutions Pvt. Ltd had requested vide No Nil dt: 20/02/2008 for setting up a unit in the notified SEZ premises of Adarsh Prime Projects Pvt. Ltd, SEZ Bangalore, Karnataka, for carrying out software development & ITES activity as per SEZ Rule 27(1) In this context, M/s. ConnectM Technologies Solutions Pvt. Ltd has furnished the following documents in support of their approval. 1. Copy of their PAN 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association 3. List of Directors 4. Copy of Karnataka VAT Registration Certificate. 5. Import Export code copy ( 6. D.D of Rs. 5000/-, drawn in favour of the PAO CSEZ Cochin M/s. ConnectM Technologies Solutions Pvt. Ltd. intends to set up their Software development operations in the premises of Adarsh Prime Projects Pvt. Ltd Special Economic Zone, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer has consented to provide the office space measuring 10, sq.ft situated at Devarabeesanahalli, Bhoganahalli and Doddakannelli Village, Varthur Hobli, Marathahalli, Koramangala Outer Ring Road, Bangalore East Taluk, Bangalore. The Project Report submitted by M/s. ConnectM Technologies Solutions Pvt. Ltd Bangalore, indicates total investment required for carrying out software development & ITES activity, the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity Machine connectivity, Turnkey Solution, Business & knowledge outsourcing. Etc. 2 Investment for 5 Years Rs Lakhs 3 Proposed value of Import and Indigenous Material Rs Lakhs 4 Employment Men 34 and Women 6 5 Total Project Export for 5 Years Rs.4600 Lakhs 6 Foreign Exchange Out flow Rs Lakhs 7 Net Foreign Exchange Earnings for Five years Rs Lakhs Page 24

26 The Application furnished by M/s. ConnectM Technologies Solutions Pvt. Ltd. Bangalore, is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules The same has been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the Development Commissioner has considered M/s. ConnectM Technologies Solutions Pvt. Ltd, Bangalore to set up SEZ unit in the notified premises of Adarsh Prime Projects Pvt. Ltd SEZ Bangalore SEZ, Bangalore and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006 was accorded vide LOA No. F.No 10/4/2008: Adarsh SEZ/Connect-M dated 25/02/2008. Subsequently, the unit has executed BLUT vide Nil Dt: 28/05/2008 for bond amount of Rs Crores. Put up for the ratification of UAC Page 25

27 2.3 (b) M/s. KPIT Cummins Infosystems Ltd M/s. KPIT Cummins Infosystems Ltd had requested for setting up a unit in the notified SEZ premises of Adarsh Prime Projects Pvt. Ltd, SEZ Bangalore, Karnataka, for carrying out software development & ITES activity as per SEZ Rule 27(1) In this context, M/s. KPIT Cummins Infosystems Ltd. has furnished the following documents in support of their approval. 1. Copy of their PAN 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association 3. List of Directors 4. Copy of Karnataka VAT Registration Certificate. 5. Import Export code copy 6. D.D of Rs. 5000/-, drawn in favour of the PAO CSEZ Cochin M/s. KPIT Cummins Infosystems Ltd.. intends to set up their Software development operations in the premises of Adarsh Prime Projects Pvt. Ltd Special Economic Zone, in order to avail the facilities provided under the SEZ Act 2005 and SEZ Rules The Developer has consented to provide the office space measuring sq.ft situated at Devarabeesanahalli, Bhoganahalli and Doddakannelli Village, Varthur Hobli, Marathahalli, Koramangala Outer Ring Road, Bangalore East Taluk, Bangalore, Karnataka. The Project Report submitted by M/s. KPIT Cummins Infosystems Ltd, Bangalore, indicates total investment required for carrying out software development & ITES activity, the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity IT,ITES, N/W security, s/w development, BPO, education, training & research etc. 2 Investment for 5 Years Rs Lakhs 3 Proposed value of Import and Indigenous Material Rs Lakhs 4 Employment Men 510 and Women Total Project Export for 5 Years Rs.40, Lakhs 6 Foreign Exchange Out flow Rs. 29, Lakhs 7 Net Foreign Exchange Earnings for Five years Rs. 10, Lakhs Page 26

28 The Application furnished by M/s. KPIT Cummins Infosystems Ltd.. Bangalore, is in terms of the provisions of Section 15 of SEZ Act 2005 read with the proforma F prescribed under Rule 17 of SEZ Rules The same has been verified and found to be in order. In terms of Rule (18) of SEZ Rules, 2006 the following requirements are to be met with by the unit, to grant the approval for setting up their activities in the Special Economic zone:- a) Positive Net Foreign Exchange Earnings. b) Availability of space and other infrastructure facilities to be confirmed by the Developer of the respective SEZ. c) To satisfy the environmental and pollution control norms, as per Karnataka State Pollution Control Act both in respect of air and water d) Proof of residence namely passport or ration card or driving license or vote identity card of the Directors Company. The application is in conformity with the above requirements stipulated under Rule 18 (2) of SEZ Rule In view of the above, since the unit has met with the requirements under rule 18 (2), the Development Commissioner has considered M/s. KPIT Cummins Infosystems Ltd.. Bangalore to set up a unit in the notified premises of Adarsh Prime Projects Pvt. Ltd SEZ Bangalore SEZ, Bangalore and accordingly a letter of approval, in terms of Section 15 (9) of SEZ Act 2005, read with the provisions of Rule 19 of SEZ Rules 2006 was accorded vide LOA No. F.No 10/9/2008: Adarsh SEZ/Cummins dated Subsequently, the unit has executed BLUT vide STPIB/SEZ/13500 Dt: 27/06/2008 for bond amount of Rs.3.30 Crores. Put up for the ratification of UAC Page 27

29 Item No: Procurement of materials for authorized operation Adarsh Prime Projects (P) Ltd SEZ for Ratification: Sl. Approval Ref No. 1 3/07/2006:CSEZ/CUS Dated: 11th April, 2008 Developers Particulars in Rs Page Remarks request Ref (CE certified) (CE certified) Nos NIL dt. 8/6/2007 Not Mentioned For Ratification with UAC. 2. F.No.3/25/2006:ADAR SH PRIME SEZ Dated: 11th April, 2008 NIL dt. 31st March, 2008 & 8/6/2007 Not Mentioned For Ratification with UAC. 3. F.No.3/25/2006:ADAR SH PRIME SEZ Dated: 28 th April, 2008 NIL dt. 20 th April, 2008 Construction Materials, Equipments and Machineries Rs /- i.e., Rs crs For Ratification with UAC. Page 28

30 Item No: Brief about M/s. Manyata Embassy Business Park SEZ, by M/s. Manyata Promoters Private Limited., Manyata Embassy Business Park SEZ, by M/s. Manyata Promoters Private Limited., an IT/ITES SEZ was approved by BOA vide LOA: No. F2/96/2005-EPZ dated 16 th June, [Total hectares (55.2 acres) ]. It is located at Rachenhalli and Nagavara Villages, Hobli, Outer Ring Road, Bangalore, Karnataka. The developer has executed BLUT vide BLUT/19/ dated 16 th April, 2007 with total bond amount of Rs crores. The UAC for the zone has been constituted vide Gazette Notification by MOC dt. 26/7/2007. Performance of the Zone as of July 2008: Imports Goods Procured under ARE-1 in Rs. Crores Exports Deemed Export Raw material Capital Goods Raw material Capital Goods Upto July 2008 Foregone Foregone Foregone Foregone DTA Sales paid Page 29

31 Item No: SEZ units operating under M/s. Manyata Embassy Business Park SEZ, by M/s. Manyata Promoters Private Limited., Sl. No. Name of the SEZ unit 1 M/s. ANZ Support Services India Private Limited 2. M/s. Cerner Healthcare Solutions Private Limited 3. M/s. Cognizant Technology Solutions India Pvt. Ltd 4. M/s. IBM Daksh Business Process Services Pvt. Ltd 5. M/s. IBM India Pvt. Ltd LOA BLUT Area of Expertise LOA: No.37/21/2007: IL:ManyataSEZ / dated 16/11/ 2007 LOA No. 37/10/2007: IL: MEBP SEZ/5530 Dated: 20/8/2007 LOA: No.37/03/2007: IL:MEBPSEZ/ dated 1/5/2007 LOA No. 37/14/2006:CS EZ:MBEP/ Dated: 7/12/2006 LOA No. 37/13/2006:CS EZ:MEBP/ Dated: 27/11/2006 No.nil dated 2/1/2008, amount of Rs crores No. BLUT/26/ Dated: 28/9/2007. Bond amount of Rs Crs. No. nil dt. 9/7/2007. Bond amount of Rs Crs No. BLUT/18/ Dated: 29/3/2007. Bond amount of Rs Crores. BLUT vide No. Nil Dt: 20/12/2006 with total bond amount of Rs Crores. Personal division operations, Enterprises & Institutional Operation, Back office operation. Clinical, financial, management and business info requirement of health care delivery system etc. IT and IT Enabled services. CRM, F&A, Domain expertise, service channels, BPO. End to End solutions to customers from h/w to s/w, services & consultancy etc. Space 35,002 sq.mtr. Page 30 Projections made during initial approval Investment Rs. 13, Exports Rs. 55, Manpower 1,088 2,60,000 s.ft Investment Rs. 3, Lakhs Exports Rs. 52, Lakhs Manpower 1, sq.ft Investment Rs Lakhs Exports Rs Lakhs Manpower , sq.meter + 2, sq.mt. 261,000 sq.ft Investment Rs. 17, Lakhs Exports Rs. 1,14, Lakhs Manpower 4,080 Investment Rs. 38, Lakhs Exports Rs. 2,40, Lakhs Manpower 2,900 Perform ance as of July Exports Yet to commenc e the operation Yet to commenc e the operation Rs crs during Cumm Rs crs Rs crs during Cumm Rs crs Yet to commence the operations

32 Sl. No. Name of the SEZ unit 6. M/s. JuriMatrix Services India Private Limited 7. M/s. Satyam Computer Services Ltd 8. M/s. Supervalu Services India Pvt. Ltd 9. M/s. Taal Technologies Pvt. Ltd LOA BLUT Area of Expertise LOA No.37/16/2007: IL:ManyataSEZ / dated 13/9/2007 LOA No. 10/8/2008: ManyataSEZ/Sa tyamcomputers Dt:26/3/2008 LOA No. F.No. 10/2/2008EMT/ SEZ/Supervalu Dated: 19/2/2008 LOA No. F.No37/15/2007 : IL: ManyataSEZ/ Dated: 31/10/ No.BLUT/24 / dated 26/10/2007, amount of Rs Lakhs no Nil Dated: 26/3/2008; Bond amount of Rs Crores. No. Nil Dated: 6/3/2008. Bond amount of Rs Crs. No. Nil Dated: 7/11/2007. Bond amount of Rs Crores. Document review, processing, DBMS and other business processing services. Software development, Engg. Services, system integration, ERP, CRM, SCM, product development, e-commerce, consulting IT out sourcing. Grocery retail and pharmacy, Supply chain services. Product design & development solution, design validation solution, manufacturing solution., technical publication solution, knowledge management Space 10,427 sq. ft. 1,04,824 sq.ft. Projections made during initial approval Investment Rs. 5, Exports Rs. 41, Manpower 100 Investment Rs. 9, Lakhs Exports Rs. 2,28, Lakhs Manpower 2,500 28,741 sq.ft. Investment Rs. 1, Lakhs Exports Rs. 29,982/- Lakhs Manpower 150 1,115 sq.mtr. approx. Investment Rs. 2, Lakhs Exports Rs. 18, Lakhs Manpower 800 Perform ance as of July 2008 [Export] Rs crs during Cumm Rs crs Yet to commence the operations Yet to commence the operations Rs.0.38 cr during Cumm Rs.0.44 cr Page 31

33 Sl. No. Name of the SEZ unit 10. M/s. Target Corporation of India Pvt. Ltd LOA BLUT Area of Expertise LOA No. 37/09/2007: IL: MEBP SEZ/ Dated: 14/8/2007 BLUT/23/ Dated: 29/10/2007. Bond amount of Rs Crores Software development, business services like electronic production, analytics, business intelligence etc. Space sq. mtr. Projections made during initial approval Investment Rs. 16, Lakhs Exports Rs. 84, Lakhs Manpower 1,800 Perform ance as of July 2008 [Exports] Rs 25.3 crs during Cumm Rs.29.3 crs Item No: Co-developer approved and operating under M/s. Manyata Embassy Business Park SEZ M/s. Aditi Technologies Private Limited has been approved as a co-developer in Manyata Embassy Business Park SEZ and was approved by BOA vide LOA: No. F.2/96/2005-EPZ dt.23/5/2008 for developing Infrastructure facilities in 48,480 Sq.ft. area. It is located at Rachenhalli and Nagavara Villages, Hobli, Outer Ring Road, Bangalore, Karnataka. The co-developer has executed BLUT vide No. nil dated 20/8/2008 with total bond amount of Rs lakhs. Page 32

34 Item No: New Unit Registration under M/s. Aditi Technologies Private Limited under M/s. Manyata Embassy Business Park SEZ for Approval: Aditi Technologies Pvt. Ltd. Bangalore has been approved as co-developer under Manyata Embassy Business Park. M/s. Aditi Technologies Pvt. Ltd has requested vide No: Nil Dated: 18/8/2008 for Setting up a SEZ unit in the notified SEZ premises of Aditi Technologies Pvt. Ltd, Bangalore, Karnataka for carrying out software development & ITES activity, and for Operations, Maintenance, Expansion of the as per SEZ Rule 27(1) In this context, M/s. Aditi Technologies Pvt. Ltd. Bangalore has furnished the following documents in support of their approval: 1. Copy of their PAN. 2. Copy of Certificate of Incorporation along with Articles of Association and Memorandum of Association. 3. Letter of Intent from the developer 4. DD No: dt.8/8/2008 for Rs. 5000/-, drawn in favor of the PAO, MOC, New Delhi. 5. Project Report. 6. Financial Projections. 7. IT returns of the Directors. 8. Blue print of the building. 9. IE Code. 10. Audited Balance Sheet. The Project Report submitted by the M/s. Aditi Technologies Pvt. Ltd Bangalore., indicates total investment required for the development of their infrastructural facilities so also the employment opportunities provided through their proposed unit along with the Net Foreign Exchange earnings for the five years, as under : 1 Nature of Activity New Product Development, Feature Enhancement, Product Maintenance, Platform Migration, Test Automation, Professional Services. 2 Investment for 5 Years Rs. 1, (in Lakhs) 3 Proposed value of Import and Indigenous Material Imports Rs. 203 lakhs; indigenous Rs 624 Lakhs 4 Employment 294 (Includes Men and Women) 5 Total Project Export for 5 Years Rs. 20, lakhs 6 Foreign Exchange Out flow Rs Lakhs 7 Net Foreign Exchange Earnings for Five years Rs. 20, Lakhs Page 33