Gujarat The Growth Engine of India An

Gujarat The Growth Engine of India

An Introduction to Gujarat ► Gujarat : Basic Facts and Economic Indicators ► Strong Industrial Base ► Pioneer in PPP ► Industrial Infrastructure ► SEZs ► Industrial Estates: GIDC ► Basic Infrastructure: Power, Gas, Ports, Water, Road & Rail and Airports ► Policy Initiatives ► Sectoral Investment Opportunities ► Investment Regions ► Project based Opportunities ► Creating Conducive Environment for Investments ► Global Investors' Summit

Gujarat: Fast Facts Population 50 million Geographical Area 196, 000 sq. km (6. 2% of India) Business language English Per Capita Income (at current prices) US$ 915 (National Average US$ 517) Urbanisation 37. 4% Per Capita Power Consumption 918 KWH (National average 390 KWH) Cellular Subscriber 11. 5 million GSM and 3. 11 million CDMA Economic Snapshot • Gross State Domestic Product (GSDP): US$ 45. 3 Billion • GSDP average growth(2002 -07) : 10. 4% • Exports : 21% of India • Industrial growth rate (2002 -07) : 12. 5% • Per Capita Income growth rate (2006 -07) : 8. 13% • Agriculture growth rate (2002 -07) : 12. 27% • Composition of GSDP in 2006 – 07 : Tertoary Sector - 44 %, Secondary – 38 % and Primary – 18 % Source: Socio-Economic Review, Gujarat State 2007 -08 Page 3 Gujarat: The Growth Engine of India

Creating benchmark in attracting investments Gujarat is ranked 1 st with proposed investment of INR 62, 442 crore (US$13. 8 bn) in 100 projects accounting for 22% of total investment in India Source: Reserve Bank of India report, August 2008 Page 4 Gujarat: The Growth Engine of India

Strong Industrial Base ► Share of Industrial Production: 16% Sectoral Break-up of Industrial Production in Gujarat ► Share of Exports: 21% ► Over 3, 20, 000 Micro, Small and Medium Enterprise (MSME) & 800 large industries ► World’s largest diamond processing hub (72% of world’s share & 80% of India’s share) ► World’s 3 rd largest grass root petroleum refinery at Jamnagar (Reliance Industries Ltd) ► World’s 3 rd largest producer of denim ► India’s largest sponge iron plant ► Largest producer of Cotton, Cumin and Castor ► Least man days lost due to industrial unrest – 0. 94 % of the country while contributing 16% of India’s industrial production Page 5 Gujarat: The Growth Engine of India Source: Socio Economic Review 2007 -08

Gujarat – Gateway to Industrial Development Share in Indian Economy Population 5% Geographical Area 6% No of Factories Net Value Added by Manufacture Value of Output Fixed Capital Investment Exports 9. 90% 14% 15. 60% 17% 21% Coastline 26% Soda Ash Production 98% 85% Salt Processing Diamond Processing 80% Chemicals 50% 46% Pharmaceuticals 42% Groundnut Cotton 25% 18% Si gn Textiles 35% ifi Sea Cargo ca Se nt ct Sh or ar s e & in Pr K od ey uc In ts du st ry 58% Petrochemicals Page 6 Gujarat: The Growth Engine of India

Pioneer in Public Private Partnership § Privatizing ports, power, rail & road infrastructure First in India § Enacted the PSP* law: Gujarat Infrastructure Development Act, 1999 in 1992 § Amendment in the Industrial Dispute Act 1947 is carried out, providing flexible labour employment in SEZs Catalyst § 26 projects implemented with an investment of US$ 4 bn Page 7 Ahmedabad – Number of Projects Total Investments (US$ mn) Port 21 3590 Power 13 6378 Roads 16 700 Chemical Port Railway 6 300 Terminal at Dahej IT projects 9 910 Water 2 122 Urban Transportation 1 122 Sector § 68 projects across sectors have bn Dahej in 2004 Ø Expressway from *PSP (Private Sector Participation) with an investment of over US$ 12 Ø Liquefied Natural Gas (LNG) Terminals at § Creation of Special Government Institutions – Act as been taken up under PPP mode Ø Private Port at Pipavav Gujarat: The Growth Engine of India Vadodara in 2004 Ø Country’s only Liquid Ø State – Wide Gas Grid of 2200 km

Infrastructure Page 8 Gujarat: The Growth Engine of India

Well Integrated Network Of Road, Rail And Air Connectivity To Delhi PALANPUR MEHSANA BHUJ KANDLA MUNDRA VADODARA RAJKOT JAMNAGAR BHAVNAGAR KESHOD Size represents relative passenger traffic International airport PORBANDAR SURAT Highways Railways To Mumbai Page 9 Gujarat: The Growth Engine of India

State Wide Water Grid The only State to have inter linkages across rivers (> 20 rivers are interlinked ) Uneven water distribution addressed through Inter–basin water transfer Narmada Canal 458 km Bulk lines completed Bulk lines in progress Bulk lines to be taken up Region having perennial water sources DMIC Influence Area Page 10 Gujarat: The Growth Engine of India

Integrated Gas Grid for Energy Security • The only State to have an Integrated State. Wide Gas Grid – On Open Access Common Carrier basis • 2200 km to be commissioned by 2009 Mehsana • 1200 kms in operation (current volume - Kalol Mundra Ahmedabad 18 mmscmd) • State owned GSPC owns rich gas Dholera reserves in the KG Basin Gandhar Dahej Palej Ankleshwar Bharuch Hazira Pipavav Over 1000 km Commissioned In progress Existing LNG terminal Proposed LNG terminal Oil and Gas reserves Page 11 Gujarat: The Growth Engine of India

Infrastructure: Power ► First state in India to provide 24 hrs electricity to all villages ► High quality power supply through well networked power grid ► Least number of shutdown due to electricity failure ► Installed capacity 9, 628 MW ► Capacity addition by 2012(pipeline projects) 11, 164 MW ► Total capacity planned by 2017 42, 005 MW ► Projected demand by 2017 ► Surplus Capacity planned for additional projects 18, 478 MW 21, 280 MW Source: 16 th Electricity Power Survey, Central Electricity Authority, Energy & Petrochemical Department, Go. G, Socio Economic Review of Gujarat, 2006 -07 Page 12 Gujarat: The Growth Engine of India

Gujarat’s Ports: Access to Hinterland Natural Gateway to the rich land-locked Northern and Central hinterland ü Longest coastline in the country – 1600 km ü Access to States whose combined SDPs constitute 25% of India’s GDP ü The state ranks first in terms of cargo throughput Mundra amongst handling 147 MMT cargo in 2007 -08 Kandla Navlakhi Okha Bedi Sikka Positra Porbandar Dholera Khambhat Bhavnagar Mithivirdi Mahuva Pipavav Simar Dahej Magdalla Surat Hazira Vansi Borsi Private Sector Ports GMB Ports Major Port Liquid Chemical Port, Dahej Page 13 Gujarat: The Growth Engine of India Maroli

Technical Manpower Seats per lac population National Data from AICTE website Growth of 334% in available seats with respect to 1997 -98 • 8 New Govt. Engineering Colleges established in 2004 -05 (1 in Tribal district of Dahod) • 1 New Govt. Polytechnic established in 2005 -06 in the Tribal district Panchmahals at Godhra • 2 new Govt. Polytechnics established in 2006 -07 (1 in Tribal district of Dangs) • 14 New Government Engineering Colleges are to be setup from 2009 -10 • 9 Government Polytechnics are to be set up in from 2009 -10. Page 14 Gujarat: The Growth Engine of India 14

Initiatives in Technical Education Institutes of International Repute ► Indian Institute of Management (IIM) ► National Institute of Design (NID) ► Institute of Rural Management (IRMA) ► National Institute of Fashion Technology (NIFT) ► Mudra Institute of Communications, Ahmedabad (MICA) ► Centre for Environment Planning & Technology (CEPT) Other Institutes IIT Gandhinagar : Started in 2008 National Institute of Pharmaceutical Education & Research (NIPER) : Started in 2007 Gujarat Technological University (GTU) Gujarat Knowledge Society (GKS) : Provides industries need based training Indian Institute of Information Technology (IIIT) : Two IIITs are proposed in Gujarat Page 15 Gujarat: The Growth Engine of India 15

Policy Initiatives Page 16 Gujarat: The Growth Engine of India

Holistic Approach – Industrial Development Gujarat ranks 1 st in terms of total area covered under 55 SEZs in India Level of Integration Investment Regions 55 SEZs Multi Product Chemical SEZ Industrial Estates/ Textiles SEZ Parks Pharma SEZ IT/ITES SEZ Product 202 Industrial Engineering Clusters Estates Biotech 83 Product Clusters Stage II • Special Investment Region. S (SIR) • Delhi Mumbai Industrial Corridor (DMIC) • Petroleum, Chemicals & Petrochemical Investment Region (PCPIR) • Gujarat International Finance Tech City (GIFT) • Knowledge Corridor Stage III Scale of Holistic Development Page 17 Gujarat: The Growth Engine of India Stage IV

SEZ Policy For SEZ Units For SEZ Developers Common incentives Income tax incentives ► 10 year corporate tax holiday on export profit – 100% for initial five years and 50% for the next five years Other benefits ►Exemption of electricity duty – 10 Years* ►Duty-free procurement of capital goods (including second hand capital goods), raw materials and consumable spares from domestic market ►Full freedom for sub-contracting ►Facility to realise and repatriate export proceeds within 12 months ►Facility to retain 100% foreign exchange receipts in the export earner’s foreign currency account Income tax incentives ► 100% tax holiday for a period of any 10 consecutive years out of 15 years beginning from the year in which the SEZ is notified ►Exempt from dividend distribution tax ►Tax exemption on interest of long term finance ►Long-term capital gains arising on transfer of shares in developer company tax exempt ►No minimum alternate tax (MAT) Other benefits ►Full freedom in allocation of developed plots to approved SEZ units on purely commercial basis ►Full authority to provide services like water, electricity, security, restaurants and recreation centres on commercial lines ►No net foreign exchange earning requirement imposed Source: Industries Commissionerate / i. NDEXTb, Government of Gujarat, 2007 , * Section 15 – Sub Section II of Go. G SEZ Act 04 Page 18 Gujarat: The Growth Engine of India Indirect tax incentives ►Nil customs duty ►Nil excise duty ►Exemption from central sales tax ►Exemption from service tax ►Exemption from securities transaction tax ►Exemption from tax on sale of electricity for self generated and purchased power

Policy Initiatives – Integrated Township The Integrated Township Policy 2007 for efficient development of sustainable townships in Gujarat Key Outcomes ► Facilitate creation of efficient & sustainable urban settlements ► Promote economic development ► Facilitate PPP urban development ► Facilitate capacity building in the private and Government sectors for urban development ► Encourage township development in areas with existing trunk infrastructure, hence, optimizing the utilization of available infrastructure Page 19 Gujarat: The Growth Engine of India

Industrial Estates : GIDC ► Gujarat Industrial Development Corporation (GIDC) - a Government of Gujarat Undertaking, set up under the Gujarat Industrial Development Act. 1962 ► Identifies and develops locations suited for Industrial purposes ► Build, Operates and maintains industrial estates in Gujarat ► Estates are self-contained sanctuaries capable of sustaining a large number of industries within themselves. ► 180 estates are developed and functional and 72 under planning ► GIDC has acquired 26, 330 hectares of land allotted 16, 302 hectares of developed land 3, 531 hectares of raw land to the entrepreneurs Page 20 Gujarat: The Growth Engine of India

Gujarat Unique Features ► ► Historical Trade Links ► Social Heirarchy ► Knowledge Application for Wealth Creation ► Assimilative Spirit ► Page 21 Strategic Location Culture of co operation, Collaboration and Compromise Gujarat: The Growth Engine of India

Sectoral Investment Opportunities Page 22 Gujarat: The Growth Engine of India

Investment Opportunities: Oil & Gas Upstream ► Acquisition of exploration blocks ► Joint ventures for exploration of State, National & Overseas blocks Midstream ► Refinery ► Transportation of Oil & Gas Downstream ► ► City Gas Distribution (PNG & CNG) ► Page 23 Retailing of petroleum products Gas based Power Plant/ Captive Plant Gujarat: The Growth Engine of India

Investment Opportunities: Engineering & Auto Metallurgy ► Blast furnaces, sinter plants ► Coke ovens ► Steel melting shop equipment ► Continuous casting equipments and rolling mills Heavy electrical industry ► Turbines, transformers and generators ► Boilers ► Switchgear and control gear ► Shunting locomotives Industrial machinery and machine tools ► ► Material handling equipment ► Oil field equipment and services, mining machinery ► Page 24 Modern cement and textile machinery Light weight machine tools, cutting tools Gujarat: The Growth Engine of India

Investment Opportunities: Engineering & Auto Dairy machinery ► Evaporators ► Milk refrigerators and storage tanks ► Milk and cream deodorisers ► Spray dryers and heat exchangers Auto & auto ancillary ► Auto ancillary SEZ/ Park ► Assembling and manufacture of automobiles ► Manufacture of auto components for all types of vehicles ► CNG kits for automobiles ► Automobile design centre Centres of excellence ► ► Page 25 Research and development facilities Industry-specific educational institutes and training centres Gujarat: The Growth Engine of India

Investment Opportunities: Mineral based Industry Lignite ► Power plant, Lignite chemicals (oil drilling) ► Underground coal gasification Bauxite ► Alumina plant, Alumina chemical complex ► Low grade Bauxite upgradation, refractory units, chemical units, Abrasives Limestone ► Soda ash plant, cement industry ► chemicals Quartz ► Processing plant ► Glass industry Others ► ► Dolomite tile making unit ► Marble quarrying & processing ► Whitening plant for Chalk production, Paint industry, Putty, Processing unit ► Page 26 Silica sand based glass industry Lamellar china clay production Gujarat: The Growth Engine of India

Investment Opportunities: Energy Non-conventional sources of power generation Wind energy (onshore & offshore), solar energy, biomass, bagasse Power trading Power sector participation in power transmission Franchising power distribution Nuclear power generation, coal gasification, mini – micro hydel power Coal bed methane generation Page 27 Gujarat: The Growth Engine of India

Investment Opportunities: Energy Proposed-site for power plants 1000 MW Coal-based power plant near Chhara Sarkhadi, Kodinar, Amreli 1000 MW coal-based power plant at Simar, District Junagadh Kutch Kandla 1000 MW LNG / coal-based power plant at Vansi Borsi, Surat Bharuch Junagadh 1000 MW coal / LNG-based power plant at Dahej, Bharuch Amreli 1000 MW coal-based power plant near Veera / Sangat, Kandla, Kutch 350 MW expansion of gas based power station at Mora, Surat Page 28 Gujarat: The Growth Engine of India Surat Mora

Investment Opportunities: Chemicals & Petrochemicals High performance chemicals Engineering plastics Pigments and coating products Refinery downstream projects Mineral resource-based projects Specialty chemicals Nanotechnology-based projects Bio refineries Source: Ernst & Young Analysis Page 29 Gujarat: The Growth Engine of India

Investment Opportunities : Ports Port Development Opportunities Mundra Port Based Development Opportunities Navlakhi Mundra v Jamnagar Okha Positra Dholera Bhavnagar ₪ Porbandar Dahej Magdalla Pipavav Simar v Hazira Pipavav v Vansi Borsi ₪ Dahej v Hazira Offshore Drilling Support Container Port Facilities Energy Port Facilities Modern Fisheries Harbor Special Economic Zone Agri Jetties Container Freight Station Port Mechanisation Storage Silos General Cargo Jetties at all GMB Ports v Controlled atmosphere cold storage and warehouses Source: Gujarat Maritime Board Page 30 Gujarat: The Growth Engine of India

Investment Opportunity : Shipbuilding Mundra Kandla 10 -12 m draft Dholera 15 -18 m draft Khambat Navlakhi 14 -17 m draft 9 -12. 5 m draft Max. tidal range at 10 m Bhavnagar Dahej 20 m draft 12 m draft Pipavav Existing Shipyard 14 -17 m draft Proposed/ Potential Shipyard Jafrabad 14 m draft Page 31 Gujarat: The Growth Engine of India Hazira 15 m draft Magdalla 10 -15 m draft

Investment Opportunities: Gems & Jewellery Manufacturing ► White Gold ► Platinum Jewellery ► Paved Diamond Jewellery ► Studded Jewellery ► Mesh Jewellery ► Infrastructure Development Synthetic Diamonds ► Assaying Centres and ► Gold Refinery ► Hallmarking Diamond Park Jewellery Retail ► Luxury Products such as Watches, Brooches, Clocks Page 32 Gujarat: The Growth Engine of India

Investment Opportunities: Textiles & Apparels Conventional Textiles ► Ginning and Pressing ► Cotton & Synthetic based Spinning, Weaving & Processing Units ► Cotton Knitwear ► Terry Towel / Home Furnishing ► High valued Garment Manufacturing Technical Textiles ► Protective Textiles ► Agro Textiles ► Geo Textiles ► Automotive Textiles ► Home Textiles Infrastructure Development ► Page 33 Cotton based Integrated Textile and Apparel Park Gujarat: The Growth Engine of India

Investment Opportunities: Agro & Food Processing Agriculture/Horticulture Infrastructure Projects ► Cold storage ► Pack house ► Vegetables pack house ► Mechanized grain handling and storage at port ► Food parks ► Terminal markets ► Isabgul Irradiation center and spices Export Oriented Processing ► Peanut butter ► De-hulled roasted sesame seed and sesame oilseed ► Roasted, salted and coated peanuts ► Integrated shrimp farming and processing Value added processing based on local resources ► ► ► Page 34 Tomato, potato flakes and powder Specialty grades guar gum powder Refined sugar Egg powder Baker’s yeast Fish oil extraction Gujarat: The Growth Engine of India

Investment Opportunities: Agro & Food Processing Animal Husbandry ► Veterinary service and pharmaceutical, Poultry, Dairy, Financial-Credit and Insurance ► Contract farming for livestock Natural Resources based Opportunities ► ► ► Natural food colours Medicinal herbs extraction Neem / Tobacco oil based biopesticides Food processing enzymes Fish meal based biofertilizer Newer Technology based Projects ► Spices cryo grinding ► Freeze dried fruit processing unit ► Instant vegetables in retort pouches ► Potato fabricated chips Innovative Technologies ► ► ► Page 35 Organic milk and milk products Ice cream balls Castor derivatives based perfumery raw materials Banana fiber extraction Textiles production Gujarat: The Growth Engine of India

Potential Locations for IT/ ITe. S Investments Gandhinagar – Ahmedabad Knowledge Corridor (10 IT/ITe. S SEZs + STPI) Gandhi Nagar Creative Infocity (Gandhinagar) and GNFC Infotower and Astron IT Park (Ahmedabad) Gujarat International Finance Tec-City (GIFT) Ahmedabad Rajkot Vadodara Fast emerging as the favourite destination for IT/ITe. S companies (1 SEZ + STPI (planned)) Bhavnagar Surat STPI centre (upcoming) STPI centre (planned) 10 multi-product/ multi-services SEZs Page 36 Gujarat: The Growth Engine of India

Investment Opportunities: Pharmaceuticals Manufacturing Contract Manufacturing Organisation (CMO) Manufacturing of New Dosage forms like Patches Manufacturing of recombinant and DNA based products Manufacturing of Intermediates and fine chemicals Manufacturing of medical devices Manufacturing of Ayurvedic preparations Destination Gujarat Manufacturing of Active Pharmaceutical Ingredient Manufacturing of Oncology products Manufacturing of Biopharmaceuticals Research & Development Contract Research Organisation (CRO) Clinical research Setting of R & D centers Page 37 Gujarat: The Growth Engine of India

Investment Opportunities: Biotechnology R&D / Manufacturing Marine Agriculture ► Ethanol ► Aquaculture ► Enzymes manufacturing unit ► Human resources for new molecules ► Manufacturing of Biopesticides ► Manufacturing ► Biodiesel ► GM of Plant Diagnostic kits plant based on Jatropha Infrastructure ► Agriculture Biotechnology Park ► Biotechnology Page 38 Training Centers unit for monoclonal antibodies vaccines manufacturing cell Bioservices ► Contract Biotechnology park ► Manufacturing ► Stem research (Pre clinical and Clinical) ► Bioremediation ► Quality ► Biopolymer ► Manufacturing of Industrial Biocatalysts unit ► Bionutraceuticals ► Marine of Human Diagnostic kits ► Veterinary culture Industrial manufacturing ► Manufacturing crops with seeds ► Tissue Vaccines manufacturing unit of Biofertilisers ► Manufacturing from Marine resources ► Marine Pharmaceutical / Healthcare certification / validation facilities Gujarat: The Growth Engine of India

Investment Opportunities: Healthcare Integrated Medicity Healthcare Outsourcing (BPO) Establishing Global Accreditations Facilities Clinical Research & Trials Establishing Chain of Primary public/Community Centres Holistic Wellbeing- Yoga, Physiotherapy, Acupressure DESTINATION GUJARAT Computer Navigated Surface Replacement Surgery of the Hip and Knee-Joint Low Cost Paid Surrogacy through In- Vitro Fertilisation Hospital Management on Rehabilitate, Operate and Transfer (ROT) basis High – Tech MRI/CT Scan Facilities Page 39 Gujarat: The Growth Engine of India

‘Investment Regions’ Delhi Mumbai Industrial Corridor Page 40 Gujarat: The Growth Engine of India

Delhi Mumbai Industrial Corridor (DMIC) Dedicated Freight Corridor (DFC) with an investment potential of US$90 billion DMIC - a high impact industrial area within 150 km distance on both sides of DFC Haryana Uttaranchal Vision - “Engine for Economic Resurgence of the Dadri Uttar Pradesh Rajasthan Country” Project Goals • Double employment potential in five years - (14. 87% CAGR) • Triple industrial output in five years - (24. 57% CAGR) Madhya Pradesh Gujarat • Quadruple exports from the region in five years (31. 95% CAGR) Arabian Sea Maharashtra J. N. Port • Length of western DFC: 1483 -km • DMIC Influence Area: 82 Districts of Six States (14% of the country) • Gujarat - 565 km (38%) End Terminals DFC Alignment Page 41 Gujarat: The Growth Engine of India

Industrial Development along the DMIC Locations of Industrial Estates developed and maintained by GIDC • Total Number of estates and clusters - 265 • Number of estates, clusters in the corridor – 160 • Total Area developed in the corridor - 17729 Ha. Potential Sectors • Chemicals , Petrochemical • Pharmaceutical • Engineering & steel • Textiles & apparels • Diamond, Gems & Jewelry • Gas & electricity • Logistics 61% of total industrial investment in the state is in the proposed corridor Page 42 Gujarat: The Growth Engine of India

Investment Regions along DMIC Haryana Uttaranchal Investment Node Estimated Investment Requirements (in US$ Million) Employment Potential (Nos. ) in SEZ, Agro Processing, Port Based Industries, IT/ITES, Logistic Parks Palanpur. Sidhpur. Mahesana 1, 600 53, 500 Node 12 Ahmedaba d-Dholera 11, 000 250, 000 Node 13 Vadodara. Bharuch 2, 400 84, 000 Node 14 Dahej. Bharuch 6, 850 250, 000 Node 15 Surat. Navsari 2, 300 84, 000 Node 16 Valsad. Umbergao n 6, 100 69, 000 Total Gujarat 30, 250 790, 500 Total DMIC 89, 150 2, 862, 000 Madhya Pradesh Gujarat Arabian Sea Proposed Location of Investment Node 11 Dadri Uttar Pradesh Rajasthan Maharashtra J. N. Port Node 11 Node 12 Node 13 Node 14 Node 15 Node 16 Investment Region Page 43 Gujarat: The Growth Engine of India

Infrastructure Master Plan for DMIC Phase I Particulars Approx. Cost Nos. Length (Km) Six Laning of Road 9 1063 1403 Four Laning of Road 13 977 904 Broad Gauge Conversion for Rail 9 877 609 Doubling of Broad Gauge Line for Rail 6 801 721 New Rail Link 3 191 172 New International Airport 1 20 (Sq. Km) 314 Metro Rail 1 100 1125 Logistics Parks 4 5 325 Total Cost Outlay Page 44 (in US$ Million) US$ 5, 573 Million Gujarat: The Growth Engine of India

PCPIR (Petroleum Chemical & Petrochemical Investment Region) Dahej - Bharuch ►Concentration of Petroleum, ►Proposed SEZ by GIDC at Dahej & Jhagadia. Proposed SEZ in private sector by Jubilant at Vilayat Chemical and Petrochemical estates ►Rich natural resources and feedstock availability. ►Chemical Availability of feedstock port terminal and chemical storage facility at Dahej Export Promotion Measures Petroleum, Chemical and Petrochemical Investment Region (PCPIR) Legal Framework Infrastructur e for effluent treatment ►Effluent disposal pipelines, ►Common effluent treatment plants and solid waste disposal sites Page 45 Gujarat: The Growth Engine of India Well established Infrastructur e ►Gujarat SEZ Act ►Notified Area Authority under GID Act ►Gujarat Infrastructure Development Act

Project based Opportunities Ø Gujarat International Finance Tec-City (GIFT) Ø Bus Rapid Transit System (BRTS) Ø Sabarmati Riverfront Development Project Ø Metro Rail Page 46 Gujarat: The Growth Engine of India

Gujarat International Finance Tec-City (GIFT) Concept ► A joint-venture between GUDC and IL&FS to develop and implement ► A hub for the global financial services industry ► World class architecture with signature towers ► An attractive pricing strategy Infrastructure Linkages ► State-of-the-art connectivity, infrastructure and transportation access ► Infrastructure services to support businesses including connectivity, IT, walk-to-work housing, security and services ► A 12 km dedicated Expressway to the International Airport is being built as part of the Project and 8 kms from Gandhinagar ► Mass Rapid Transit system linking the Project site to the cities of Ahmedabad and Gandhinagar Page 47 Gujarat: The Growth Engine of India

Gujarat International Finance Tec-City (GIFT) Central business hub of an Integrated Development Plan area sprawling over about 27, 000 acres Business Infrastructure Land 500 acre Multi Services SEZ Global BPO hub for financial services 250 acre Domestic Tariff Area 250 acre Built Space Preferred off-shoring location for global financial services players Operations hub for domestic financial services 7. 5 mn sq. m Centralized hub for mid and back office related activities for domestic financial services company Global IT hub for financial services FSI/FAR 3. 65 Green belt Development and system support center for IT players with a significant presence in financial services sector 0. 59 mn sq m Global R&D hub for emerging sectors Building Height 400 m Preferred R&D hub for industry Financial center for select product markets Integrated financial center dealing with the full set of financial services product including capital markets and trading Page 48 Gujarat: The Growth Engine of India

Ahmedabad: Bus Rapid Transit System (BRTS) ► An SPV formed for integrated public transit system ► The project is to be implemented in two phases ► The first phase to be operational by August 2009 ► Passenger handling: Bus Fleet - 211 buses ► NARODA INDUSTRIAL ESTATE Sabarmat i Rly. Station R T O CIVIL HOSP ITAL GUJARA T UNIVERS SHIVRAN NEHRUN JANI ITY Daily passenger trip – 2, 000 Kalupur Rly. Station Manina AGAR ► gar Rly. Station For collecting fares, several hardware, software and real time monitoring equipments are to be ODHAV INDUSTRIAL ESTATE NAROL VATVA INDUSTRIA L ESTATE installed at various locations ► NARODA ST WORKSH OP On successful implementation, the same can be Rajkot BRTS EXCLUSIVE CORRIDOR PHASE – 1 (58 km) BRTS CORRIDOR PHASE – 2 (125 km) BRTS CORRIDOR PHASE 2 replicated in other cities like Surat, Baroda and AMC LIMIT (34 km) Ahmedabad BRTS Plan Page 49 Gujarat: The Growth Engine of India

Sabarmati Riverfront Development Project ► An environment improvement venture envisaging development of riverbank ► Reclaimed land for multi purpose use: high end housing, commercial complexes, recreation centre, public utilities etc. ► Implementation through an SPV ► Time Line for completion: Dec 2009 ► Opportunities ► 2, 21, 500 sq m of the reclaimed land commercial development ►Development ► 1, 54, 800 sq m of land for developing 7, 000 low cost housing units ►Proposed Page 50 of high end residential complex over 1, 24, 700 sq m of land bus terminal Gujarat: The Growth Engine of India

Metro Rail: Ahmedabad Gandhinagar Phase 1 (to be operational by 2012 ) ► North - South Corridor: 33 kms. ► East - West Corridor: 11 kms Transport Demand Ø 675, 000 passengers daily Ø Pass Km: 5, 647, 000 daily Ø Pass Km/ km: 135, 000 daily Metro Rail: Ahmedabad Gandhinagar Project to be implemented on Public Private Partnership Model Phase 2 (to cover the entire city) Page 51 Gujarat: The Growth Engine of India

Creating Conducive Environment for Investments Simplification of Procedures Creation of Land Bank Investor Support System (ISS) Centralized Availability of Information Page 52 Gujarat: The Growth Engine of India

Initiatives to Aid Investors Build Up for VGGIS 2009 Facilitating and Speeding up Process Information Needs District Profiles Sector Profiles Investment Regions & SEZ profiles Simplification of Process Information Exchange Potential Investors • Gas • Environment • Licensing Doing Business in Gujarat Investor Support System Page 53 • Land • Power • Water Gujarat: The Growth Engine of India

Simplification Process To improve Investor’s experience in setting up an Industry Information Needs Preparation of Information Bank • • District Profiles Sector Profiles SEZ Profiles Investment Region Profiles To increase transparency Facilitating & Speeding up Process Page 54 Simplification of Procedure • Standardization of Application Forms • Check List • Time Line • Online Tracking & Submission • Investor Software System Gujarat: The Growth Engine of India

Centralized Availability of Information District Profile Sector Profile SEZ Profile Investment Region Profile √ √ Vendor Directory √ Doing Business in Gujarat Investor Support System Page 55 √ √ Continuous Updation Gujarat: The Growth Engine of India

Global Investors’ Summit A World Class Mega Event on Investment Promotion Page 56 Gujarat: The Growth Engine of India

Global Investors’ Summit ► An innovative idea providing interactive platform to investors ► Summits organised successfully in 2003, 2005, 2007 ► US$200 billion worth of investment committed Chief Minister Mr. Narendra Modi with Dr. Balaji Sadasivan (Minister, Singapore) , Mr. Ratan Tata, CMD, (Tata Group) and Mr. Mukesh Ambani, CMD (Reliance Industries) inauguration of Global Investors’ Summit 2007 Page 57 Gujarat: The Growth Engine of India

Global Investors’ Summit 2003, 2005 & 2007 Investment Committed during Vibrant Gujarat Global Investors’ Summit US$ 14 bn 76 Mo. Us Vibrant Gujarat 2003 US$ 20 bn 226 Mo. Us Vibrant Gujarat 2005 Sectoral Distribution of Investment Committed US$ 152 bn 675 Mo. Us Vibrant Gujarat 2007 675 Mo. Us (862 Projects) *Civil Aviation, Textiles & Apparels, Urban Development, Road & Rail Projects, Healthcare, Paper Industries, Biotechnology, Financial Sector, Education, Pharmaceuticals Page 58 Gujarat: The Growth Engine of India

Global Investors’ Summit- 2009 January 12 – 13 , 2009 Date Venue Science City, Ahmedabad Reasons to attend Vibrant Gujarat Global Investors Summit 2009 ► Global congregation ► One to One Business meetings ► Phenomenal business networking ► Sector-Focused Sessions/Seminars ► Memorandum of Understanding (Mo. U) signing ► Exhibition – Showcasing Strengths, Potential and Innovations ► Gems & Jewellery Seminar during December 26 -28, 2008 ► Special tours – Business visits ► International Kite Festival – ‘The Colors of Gujarat’ ► Exploring Glorious Gujarat – The Land of the Mahatma Page 59 Gujarat: The Growth Engine of India

Gujarat : Moves Ahead : Home to Tata’s Nano Project § Tata’s INR One-lakh (US$2100) Nano Car project (world’s cheapest car) is all set to be launched from Sanand near Ahmedabad, Gujarat § Project details: § Estimated investment INR 2, 000 Cr (US$450 million) § Mother plant to come over 1, 100 acres of land § Capacity of 5, 000 units § 10, 000 people will be directly and indirectly employed § Infrastructure worth Rs 100 Cr (US$25 Million) including roads, power, drainage, water, effluent treatment plant to be developed by Gujarat Industrial Development Board “It took 10 days to tie up all loose ends-make the land ready for possession, get all clearance and approvals-and offer a final deal” Mr Ravi Kant, MD Tata Motors to Times of India Newspaper 8 th Oct 2008 Page 60 Gujarat: The Growth Engine of India

Gujarat : Moves Ahead : Home to Tata’s Nano Project Tata and Gujarat started a new chapter of partnership § Together with Tata Motors, about 60 vendors would also move to the new location. § Tata would also take up agriculture and marine biology research in the state as well as build an ITI near Nano plant for training workers “Gujarat was able to define the land, secure possession of the land-the main thing-at an unbelievably fast pace. In fact, if we could move a plant in a day, we could have actually have started operating here, given the fact that everything was ready in the state” “The chief minister of Gujarat moved very fast. Gujarat enjoys the reputation of being an investor-friendly state. So we decided this was really the place where we have everything in order. With all other states, despite all their good intentions, there were many things yet to be settled. So we decided to move forward with Gujarat and everything was put in proper place” Mr. Ratan Tata , Source: Press release Page 61 Gujarat: The Growth Engine of India

Leading Global Brands in Gujarat Page 62 Gujarat: The Growth Engine of India

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