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INFORMATION TECHNOLOGY PARK IN SEZ Presentation By Shashikant Chaudhary President & CEO Lambent Technologies Pvt Ltd Nagpur
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Drivers for Push to IT II tier cities Business Continuity Attrition Rate more than 6% per month Cost of operations Grow aggressively Diversify Risk Manpower supply
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Inhibitors and Drivers
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Nagpur History No communal riots No history of major crime No history of Natural disasters, Tsunami and Earthquake and flooding No Threat of War, 1000 km from every border
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Nagpur Fact Sheet Cleanest City Second Greenest Geo Centre of India Planned city –no restriction to growth Very well connected by Rail and Road Good Health care and Educational infrastructure
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Nagpur Socio-Cultural Backdrop Cosmopolitan, Open, Friendly and Peaceful environment Good mix of entertainment and cultural activities Entertainment facilities Multiplexes Entertainment parks Dance floors Fast food outlets Forest percentage highest in India, Kanha, Pench, Nagzira, Melghat and Tadoba offering Tiger Safaris Hill stations Chikhadara,Panchmadhi for breaks during weekends
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Mihan strategic importance Direct International flight Fulfilling Echo system International School Health City Country Club 300 ha Residential Facility Economic Land Prices Larger companies require large campuses Captive Power plant –no dependency on external factors World class Connectivity and water supply
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Nagpur Current IT scenario 60 IT units More than 65% export oriented More that 2500 people employed 6-7 years of maturity 2 Govt and one Pvt IT park Multiple ISP’S STPI, BSNL, Reliance and Tata
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Nagpur Advantage No Big Company around - less competition, less attrition Huge Catchment Area of 300 Sq km Cost of infrastructure is 50% of the cities Travel time is less than 15 min average of 45 min in big cities, saves on commutation time, increased productivity less cost for company to manage employees movement
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Experience of Existing IT Units No horizontal migration Strong Loyalty –people for last 7-8 years Good training ground for freshers Farm and Grow model Large Pool of freshers to select from Excellent Demonstrated performance
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Manpower Second most Student populated city Maximum number of boys going to Mumbai IIT MTech Pool of senior people who want to come back to Nagpur High Hit ratio for ITES – no accent neutralization required Matured education systems – Colleges since 1984, only after Karnataka cont..
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Manpower More than 75 colleges in catchment area, BE, MCA and MSc in supplying more than 12000 people Good Dedicated Technical Institutes CDAC, IBM, Kanetkar school of embedded and wireless technologies, Good foreign language training for Japanese, French and German Campus Quality Indicator- Major companies come regularly and pickup engineers in good numbers. City Quality Indicator - Every alternate week MNC like CSC, HSBC, MBT, visiting nagpur to hunt talent.
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IT park Benefits No taxation on the equipments, No customs duty and income tax holiday, No excise duty on goods coming from domestic tariff area, No state taxes such as Sales Tax, registration and Stamp Duty an Flexible labour laws. Exemption from electricity duty for 10 years. No octroi or any other entry charges on capital equipment purchases.
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Shashikant Chaudhary Lambent Technologies Pvt Ltd www.lambenttek.com Thank You
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