Sri City Aerial View Sri City Location of Sri City in Andhra Pradesh and India 13°30′52″N Coordinates 80°05′22″E13.51437°N 80.08939°E Country India State Andhra Pradesh District(s) Chittoor Sub district Satyavedu Population 90,536 Literacy 78% Official languages Telugu, Tamil, English, Time zone IST (UTC+5:30) Codes[show] • Pin code • AP-517588 • Telephone • +91-8623
Sricity or Sri City is a Planned Integrated Business City (Township) located 55 km North of Chennai on NH5 along the border of Andhra Pradesh (AP) and Tamil Nadu (TN) States of India. Much of Sricity area is in Chittoor District and a smaller area along the NH5 is in Nellore District of AP, adjacent to Tiruvallur District of TN. The Satish Dhawan Space Centre (aka SHAR), India’s Satellite/Rocket launching centre is located at 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. Sri is the sacred sound of cosmic auspiciousness and abundance in Hindu religion. Written as Sri or Shree or Sree or Shri, it stands for abundance, auspiciousness, affluence, grace, wealth, light, luster, splendor, beauty, loveliness and 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 renowned temple towns in the region, Srikalahasti, Sriperumbudur and Sriharikota. The famous Tirumala - Tirupati the abode of Lord Sri Venkateshwara (Srinivasa, Balaji) is also located in same district. After the symbol Aum and Swastika, Sri is the most popular symbol used in Hinduism. Sri is also the sacred of Lakshmi, the Hindu goddess of wealth 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 domestic investment. Government offered various incentives to the companies in SEZ: • Duty free import/domestic procurement of goods for development, operation 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.
• Exemption from State sales tax and other levies as extended by the respective State Governments. The Special Economic Zones Act also offered major incentives and facilities to SEZ developers which include: • Exemption from customs/excise duties for development of SEZs for 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 Section 80-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 cargo. 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.
• Enhanced limit of Rs. 2.40 crores per annum allowed for managerial remuneration. • 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 advantages of the SEZ are evident from the investment, employment, 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 the 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.
"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 establishment of a SEZ. The Board consists of representatives of various government departments relevant for the SEZs. The composition of the Board is given under Clause 8 of the SEZ Act.
Who governs the Special Economic Zone (SEZ)? The Board delegates the authority to govern the SEZs to Development Commissioners 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 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 Commissioner (DC). Clearance from the Department of Policy and Promotion/Board 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 Any company set up with FDI has to be incorporated under the Indian The units have to maintain proper records of accounting Annual Performance Reports must be submitted to the Development
with the Development Commissioner
Companies Act with the Registrar of Companies for undertaking Indian operations
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 Domestic sales on payment of applicable duty Offshore banking unit On-site custom house Self-certification Warehouses/ICD
greater than domestic purchases in foreign currency
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THE INTEGRATED TOWNSHIP INCLUDES VARIOUS ZONES: • • • • Industrial, Residential, Educational, Commercial and Recreational.
SriCity Business Centre
The Industrial Zone includes a Special Economic Zone (SEZ) for Export Oriented Industry and Domestic Tariff Zone (DTZ) for Domestic Industry. It is a business destination for global companies to establish Manufacturing, Services and Trading operations in India. The SEZ is administered by Andhra Pradesh Industrial Infrastructure Corporation (APIIC) & Industrial Area Local Authority (IALA). The Government appointed officer controls the planning and building approval processes. A Commissioner appointed by the Government of India, Ministry of Commerce, administers the Special Economic Zone (SEZ) area. One of India's largest multi product Special Economic Zone Sricity (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, provides for a well-planned development schedule taking into account future dimensions of expansion.
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 200 acres. This would be conducive to vertical integration of industry 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.
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. 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.
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. Residents would have access to meeting rooms, catering services and telecom networks. In short, a functional business hotel with the warmth of an apartment blended in! inside the export zone
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.
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. Chintalapati Holdings has investments in a number of sectors including IT, Media and Entertainment, Retail, Specialized Engineering, and Property and Infrastructure. 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.
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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.
APIIC Sri City Special Economic Zone 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. 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 APIIC is also developing sector focused parks like apparel park/food processing 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.
Mode To Chennai International Airport Ennore Port Krishnapatnam Port From Distance To From Distance
South Entry 70 km
North Entry 75 km
South Entry 50 km
South Entry 58 km
North Entry 100 km
North Entry 0.5 km
South Entry 5 km
Sullurpeta Station North Entry 12 km Bus Junctions Koyambedu South Entry 56 km Junction Chennai Kathipara Junction Tada Ubbalamadugu Falls Sriharikota Temple
South Entry 65 km
North Entry 1.5 km
North Entry 12 km
Gummidipoondi South Entry 18 km
North Entry 31 km
Srikalahasti Temple Chennai City (Gemini Circle)
North Entry 47 km
South Entry 63 km
North Entry 84 km
Chandragiri Fort North Entry 85 km
Nellore City Kanipakam Temple
North Entry 102 km
North Entry 120 km
North Entry 140 km
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 and are bi or tri lingual.
Sricity forms part of Satyavedu and Varadaiahpalem mandals of Chittoor 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, 2001 Census.
Moving with times, Sricity is on its way to becoming a hub for large and medium scale industries, such as Light engineering, electronics / hardware, aerospace, apparel & fashion, renewable Energy, Biotech Pharmacy, leather products, logistics and warehousing, railway wagon workshop, IT/ITES/BPO, sports & toys, other eco-friendly Industries.
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-minute drive from the commercial and industrial hub of Chennai, Sri City 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 of shorter turn-around cycles and maximization of 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 City SEZ, with quick access to two international airports – the Chennai International Airport and the Tirupathi International Airport, offers good air 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 airlines. It is also an important cargo terminus for the country, after Mumbai. The international cargo-handling facilities at Chennai have a turnaround time of 24 hours. The Tirupathi airport is 75 km north of the Sri City Free Trade Zone. Currently, this airport handles international cargo and is slated to be developed into an international passenger 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 and Delhi. It is the main air hub for south India, currently handling over 10 million passengers and serving more than 50 different airlines. It is also an important cargo terminus for the country, after Mumbai. The international cargo-handling facilities at Chennai have a turnaround time of 24 hours.
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.
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, Bangalore, Hyderabad, Kolkota, and Delhi stop at Sullurpeta which is 12 km away from Sricity. Mumbai bound trains stop at Renigunta. Nearly 30 suburban trains operate between Sullurpeta and Chennai every day passing via Sricity (Tada & Arambakkam
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 has on its agenda the following major projects under the National Maritime 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, 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 A coal terminal for handling 8 million tones of coal for users other than Tamil 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
Nadu Electricity Board
• • •
By 2013 – 14, the second phase development would augment the port cargo handling capacity by 58 Million Metric tonne per annum. 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, garments or leather products, with container freight station facilities and free trade warehousing zone.
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 Government. With unprecedented growth in bulk commodity containerized 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 development of a 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 expressway. Being part of the crucial national road connectivity, the National Highway Programme is a priority on the Government of India‘s development agenda and is being accorded high maintenance standards. A major part of this 1,533-kilometers National 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 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 towards the North East corner of Sricity. A Creek (Karipeti Kalava) flows through Sricity passing through a number of Lakes on the way before joining Pulicat Lake North of Tada. There is a state forest on the western boundary. Telugu Ganga project carrying Krishna River water to Chennai City passes along the western boundary of Sricity.
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 / calm period mid October to mid January – 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 sheet of alluvium and The transition located at the contact 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 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 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.
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.
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. Each unit has good road frontage and has ready access to the infrastructure networks that run along on the boundary of the plot. Ready Built Factories Ready-to-function industrial factories to meet the immediate start-up requirements 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
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 in the Special Economic Zone is categorized into arterial, primary and secondary roads, and they have been designed taking into account the traffic volume. The internationally recognized International Road Council standards are adopted and 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. The main avenue entering Sri City Special Economic Zone from the National Highway-5 will be the six-lane arterial road with central median landscaping, wide sidewalks and curb-side 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.
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 consulted for identifying sources of power supply and planning the power network 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 and 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 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 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 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.