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Baroda Knowledge City© (IT / ITES SEZ)
BRG Group Baroda Knowledge City© (IT / ITES SEZ) © Dr Rajesh Khajuria, MBA, PhD, CMC, FIMC, MIoD (London) Building Knowledge Bridge© (NASA Satellite Image - ‘Ram Bridge’ between India and Sri Lanka)
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Baroda Knowledge City? 150 SEZ proposed / applied to Central Govt.
Including 50 IT/ITES SEZ – None in Gujarat! 120 SEZ Approved by * 11 Operational SEZ, converted from FTZ 50 SEZ Coming up all over India, 12 in Gujarat Biotech Park at Savli, Baroda coming up Yes, Baroda Knowledge City IT = Information Technology ITES = IT Enabled Services (including BPO / KPO etc) * Source: BOA, Government of India meeting Image courtesy: TATA Broadband Dr R Khajuria TEAM
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Baroda is a Knowledge City
Baroda is traditionally a Knowledge City, grown substantially by Legendry Maharaja Sayajirao (MS) Gaekwad of Baroda That is why he set up MS University of Baroda with unique educational programs, unparallel to any Tier II city of India Fusion Indian Enterprise with World Class Knowledge, and we have …………………………..Baroda Knowledge City Dr R Khajuria TEAM
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Baroda: An Edutainment City
Baroda has everything that a Knowledge City wants…. Knowledge Capital of Gujarat Cosmopolitan well developed city Educated talented cultured young Graduates Gardens, Health Clubs, Sports: Golf, Cricket, etc Multiplex Cinema Theatres: Ionx, Chandan, Deep Throbbing NRIs and High Speed Internet backbone That’s why Baroda Knowledge City…. Dr R Khajuria TEAM
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Baroda: A Knowledge Source
Large pool of 100,000 Graduates p.a. from 11 Universities in 200 miles periphery: Baroda (MSU), Vallabh Vidyanagar (SPU), Nadiad (DDIT), Surat (SGU, NIT), Ahmedabad (GU, Nirma University, DAIIT), North Gujarat (NGU), Rajkot (SU) and Bhavnagar (BU) World Class IT Professionals from Baroda – Sam Pitroda, Dr Madhu Mehta, Dewang Mehta (NASCOM), Many more… Dr R Khajuria TEAM
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Baroda: Emerging Finance City
Vibrant Stock Exchange International Banks: Citibank, HSBC, Standard Chartered, ABN Amro Indian Banks: Bank of Baroda, State Bank of India, Central Bank, Dena Bank, Union Bank, HDFC, ICICI, UTI, Yes, Kotak – 30 Banks Large Corporations: IPCL, IOC Refinery, GSFC Security & Safety Cheapest Space in India! Dr R Khajuria TEAM
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Destination: Baroda K-City
Recently, 193 MSU Graduates offered job by Progen, BPO arm of Infosys at Pune, through Technology Promotion Trust (TPT) The Indian and Multinational IT / ITES firms are eager to come to a location, which has high speed internet backbone, highly Educated Graduates in abundance, IT environment, Vibrant Stock Exchange, International and Indian Banks, Security & Safety, and Cheapest Space in India! That’s why Baroda Knowledge City…. Dr R Khajuria TEAM
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Baroda K-City to house Companies / Firms / SMEs in -
BPO (Business Process Outsourcing) Information Technology Software Hardware, Software Embedded Hardware Multimedia, Graphics, Animation Banking & Finance Advertising, Marketing and Publishing Training and Consulting Dr R Khajuria TEAM
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Baroda K-City Project 50 - 100 Acres Land proposed (Viability based)
½ Acre Plot x Plots Towers Phase I: 100,000 Sq ft Construction 1,000 to 20,000 Sq ft Modular Office Space Phase II: 100,000 Sq ft Construction Phase III: 100,000 Sq ft Construction Open Developed and Fibre Optic wired Plots Dr R Khajuria TEAM
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Technology Infrastructure
SEZ (Special Economic Zone) Status Internet backbone Tower with Satellite connectivity for direct Software Export & Communication Wi-Fi Technology or Wireless Fidelity connectivity Voice & Data transfer 11 Mbps (802.11b) and 54 Mbps (802.11a). More to come PC Ready Air-conditioned Floors or Buildings for Large Software Exporters and BPO / KPOs SME Tower: PC Ready A.C. Offices for Software/BPO SMEs Dr R Khajuria TEAM
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Knowledge Infrastructure
Wired Developed Plots for Multinationals to construct buildings as per their design and needs IT Forum Vadodara Institute of Software Management & Training Institute of BPO Management & Training Institute of Knowledge Management & Training Institute of Consulting Management & Training 3 / 4 / 5 Star Hotels with Health Spa Service Apartments, Bachelors Hostel Indoor and Outdoor Sports & Entertainment Dr R Khajuria TEAM
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Basic Infrastructure Green Projects (No Pollution)
Recreation and Health Clubs, Swimming Pools Landscaped Gardens with Fountains 24/365 Power from GEB / Wind Farm / Gas Clean Water / RO System Several Hardware Suppliers, Transport Banks with Finance and ATMs Full Security and Safety Access to Airport, Rail, Roads in 20 minute Dr R Khajuria TEAM
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SEZ Benefits: Imagine! A designated duty free enclave, treated as foreign territory for trade operations and duties and tariffs. 100% Tax-free Import, Export, Excise Duty and Sales Tax (Norms) 100% Income Tax Free to all Units in SEZ for 5 years, 50% free for next 5 years on Reinvestment of Profits 100% Foreign Investment permitted No Licence Required for manufacturing Dr R Khajuria TEAM
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Knowledge City Project Cost
(Rs Crore) Phase I. Total 3 Phases Land & Roads 100 Acres Buildings 100,000 Sq ft Equipment & Electrification Internet Backbone & Wi-Fi Misc Assets & Fees TOTAL Project Cost Phase-I 30.00 Phase II and III Dr R Khajuria TEAM
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Sources of Finance Equity Capital: BRG @ 75% 07.50
(Rs Crore) Phase I Equity Capital: 75% Associates / NRIs @ 25% Total Equity 33.33% Capital Subsidy: Govt of Gujarat Term Loan from 50%/66.67% 15.00 TOTAL Project Cost Phase I (100%) 30.00 Funds for Phase II and III shall be raised from suitable Debt/Equity leverage Dr R Khajuria TEAM
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Funds & Permissions Bank Loan for Rs 20 Crore (Including Subsidy)
Application to Chief Secretary and Secretary Science & Technology of State State Govt commitment and Subsidy Clearance by State Government State Govt forwards to Department of Commerce, Govt of India Notification issued as SEZ by Central Government Single Point Clearance to all Units coming to SEZ Dr R Khajuria TEAM
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Promoters Sargam Infrastructure Pvt Ltd - SPV to implement project
BRG Group of Baroda Promoters of Educational Institutions and Real Estate Bakulesh Gupta & 75% Equity Associates / 25% Equity proposed International Investors will be invited in Phase II High level Professional Team to advise, implement, market and manage Knowledge City Baroda Knowledge City Pvt Ltd to maintain Dr R Khajuria TEAM
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Invitee Companies Telecom Sector Software Sector TATA Indicom
Reliance Infocom BSNL British Telecom (BT) UK Airtel, Hutch (Essar), SingTel Singapore, Software Sector L & T Design Services TATA Consultancy Services (TCS) Wipro, Infosys Technosoft (Baroda/Mumbai/UK/USA) Gujarat-based 500 Software companies Dr R Khajuria TEAM
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Invitee Companies BPO Sector Film Software
Doshi Accounting Services, Baroda (subsidiary of London UK firm of Chartered Accountants) ProGen / Infosys Mphasis IBM Consulting Gujarati / NRI firms from India and UK, Europe, USA, Singapore, Australia, Middle East and Africa Foreign Software / BPO / KPO firms Film Software Animation, Computer Aided Design (CAD), Graphics Dr R Khajuria TEAM
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Invitee Companies Banking Sector BPOs Consulting Firms
HSBC / Citibank / Standard Charted Bank ICICI / HDFC / Private Banks State Bank of India / BoB / Public Sector Banks NBFCs (Non Banking Finance Companies) and smaller Banks Consulting Firms Payroll, Accounting, Medical Transcription, Finance Advertising, Marketing and Publishing Houses Technical Software and CAD Hardware manufacturers and maintenance Dr R Khajuria TEAM
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Target Countries India: Gujarat, Mumbai, Pune, Bangalore, Chennai, Hyderabad USA: Silicon Valley, New York, other cities Europe: UK, Germany, France – 25 Countries Singapore Australia Malaysia Japan Africa? Dr R Khajuria TEAM
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Development Strategies
Make Baroda a Happening Place like Inox E.g. RC Dutt Road for only 7-11 PM like a European city Set up large scale Training Centres in Baroda to create BPO trained Manpower TPT, MSU, IT Forum and Private Sector have started Other University cities of Gujarat should replicate Educational Programs to start in BPO Operations & Management Announce a big project with a big bang! This will attract large players from India, abroad Dr R Khajuria TEAM
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Development Strategies
Pre-feasibility Study & Report Location selection Prima-facie opinion of State Government Detailed Techno-economic Feasibility Study Fund / Loan Raising on competitive terms Office, Team formation, Design Marketing, Tie-ups, Brochure, Website Development & Construction of Phase I Time is critical: =18 Months for Phase I 3 Years permitted Dr R Khajuria TEAM
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Knowledge Partners Building Knowledge Bridge© TEAMPro Limited, London
Dr Rajesh Khajuria, Director Web: Vadodara T: London T: (Sunil Vaghani) Building Knowledge Bridge© Dr R Khajuria TEAM
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