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ANDHRA

PRADESH
SRI CITY
ANDHRA PRADESH
PARTICULAR INCENTIVES OFFERED

CAPITAL SUBSIDY • 15% Investment Subsidy on Fixed Capital Investment limited up


to INR 20 lakh, whichever is lower

INTEREST SUBSIDY • Interest subsidy of 3% on the term loan taken for fixed capital investment
by new MSEs for 5 years from the date of commencement of
commercial production

TAX REIMBURSEMENT • Reimbursement of 50-100% of SGST accrued to state for a period of 5 years
or 100% fixed capital investment, depending on employment generated

STAMP DUTY • Reimbursement of 25% land conversion charges for Industrial use
limited to ~$ 13k

CUSTOMISED PACKAGE • Special package of incentives to women entrepreneurs from backward


OF INCENTIVES and minority classes for setting up industries

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ANDHRA PRADESH Sri City Private Limited

INTRODUCTION

JIT NAME Sri City


OWNERSHIP Sri City
DEVELOPER Sri City Pvt Ltd
STATE Andhra Pradesh
DETAILED ADDRESS Sri City (P) Limited, Business center 270 Peepul Boulevard,
Sri City – 517 646, Andhra Pradesh, India
GIS LOCATION/ Directions to Sri City/
GOOGLE MAP LINK https://goo.gl/maps/Zm41cBZn9YdFHb3GA

LAND

LAND SIZE (ACRES) 1010


AREA ALLOTTED (ACRES) 663
AREA AVAILABLE 347
PRICE OF LAND USD 2.7 - 2.8 / Sq.ft. (indicative)
OWNERSHIP MODE (LEASE Lease (99 year tenure)
HOLD/FREEHOLD) AND
TENURE (IN YEARS)
LAND CHARGES PAYMENT Payment to be made upfront for 99 years lease.
PLAN (LUMPSUM, INSTALMENTS)
CANCELLATION/SURRENDER Transferable Lease
POLICY OF INDUSTRIAL LAND

SECTORS

TYPE OF INDUSTRIES PERMITTED Orange, Green, and White allowed. Red not allowed.
(RED/ORANGE/GREEN)

NO. OF COMPANIES PRESENT Total no.:187 Japanese: 25


SECTORS COVERED BY Automobiles
COMPANIES PRESENT Food Processing
Electronics
Engineering
FMCG
Paper & Packaging
Pharmaceuticals
Logistics & Warehousing
Textiles
Renewable Energy

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CONNECTIVITY

NEAREST CITY Chennai (55Km)


HIGHWAY CONNECTIVITY On NH-16
RAILWAY/DFC Tada (2kms), Gummidipoondi (18 kms) & Sullurupeta (15kms)
SEA PORTS Kamarajar Port - Ennore (50Km) , Kattupalli Port (52Km),
Chennai Port (65Km), Krishnapatam Port (100Km)

CONNECTIVITY

LOGISTICS PARK Logistics Advantage: Adjoining Domestic Tariff Zone (DTZ)


offers a supplier base to SEZ units.

AIRPORTS Tirupati (75Km) & Chennai (55Km)

POWER

SUBSTATIONS CAPACITY 11KV, 33KV and 132KV substations available; 220KV Substation
Is under approval stage.

NO. OF SUBSTATIONS 3+1 (under approval)


ELECTRICITY PRICE (USD /UNIT) 11 KV Supply Line - USD 0.083 per unit
33 KV Supply Line - USD 0.08 per unit
132 KV Supply Line - USD 0.074 per unit
RENEWABLE POWER Internal solar power plant provides 8MW capacity

WATER

WATER SUPPLY Sri City supplies treated water for all manufacturing units.
INFRASTRUCTURE Sri city has a govt allocation of 81 MLD of water annually
from Somasila-Kandaleru Reservoirs.
Buffer Storage Capacity of 2,400,000 KL in three tanks @Sri City.
1 TMC water allocated from nearest reservoir.

WATER RATES - INDUSTRIAL USD 0.82/ KL


(USD PER 1000L)

WASTE WATER TREATMENT Sewage Treatment Plant (STP) of 47 MLD capacity with
INFRASTRUCTURE & CHARGES 3 operational facilities. 100% recycling of sewage generated
within Sri City. Charges: USD 0.82/KL

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GAS

NATURAL GAS PIPELINE There is availability of Liquefied Natural Gas (LNG) and Liquefied
(OPERATIONAL OR PLANNED) Petroleum Gas (LPG) from vendors in Chennai who can be supply
to the manufacturing units within 4 hours.
Pipeline is Planned. GAIL has proposed to lay pipelines in Sri City,
based on the demand from existing units. The contract for gas
supply would be between the manufacturing unit and the
supplier; Sri City will not be involved in any of the transactions.

LABOUR

MANPOWER AVAILABILITY About 200 thousand unskilled/semi-skilled labour available


within 10 km radius, 1.5 Million population within 40 km radius,
Graduating in the Region each year
• Over 1 Lakh Engineers
• Over 25,000 polytechnic graduates
• Over 25,000 ITI’s

SKILL DEVELOPMENT CENTRES Japan-India Institute for Manufacturing (JIM), TVS Training &
Services, Sri City - Siemens Technical Skill Development Centre

UNSKILLED (AS MINIMUM USD 116/ Month


STIPULATED WAGES)

SEMI-SKILLED (AS MINIMUM USD 136/ Month


STIPULATED WAGES)

HIGHLY- SKILLED (AS MINIMUM USD 166/ Month


STIPULATED WAGES)

SOCIAL INFRASTRUCTURE

PROVISION FOR CONSTRUCTION Housing Colony for entry level workers across the site plan,
OF DORMITORIES/RESIDENTIAL • 600 dwellings in 3 different locations, ready for occupation
ACCOMMODATION • 101 room Dormitory on a twin sharing basis Residential Options
• Multiple Housing Formats
• Studio Apartments (1 BR /2BR /3 BR Apartments)
• 200 Ready-to-occupy apartments within the Park.
• Over 1000 hotel rooms available in and around Sri City.
HOSPITALS SIMS (SRM Institutes for Medical Science), Kanchi Kamakoti
Childs Trust Hospital (KKCTH), Sankara Nethralaya and Care
Super Specialty Dental Hospital.
WEATHER/ AVG TEMPERATURE • Summer - Average Max Temperature 42°C & Average Min
Temperature 23°C
• Winter - Average Max Temperature 31°C & Average Min
temperature 18°C

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JAPANESE RESIDENTIAL Multiple Residential options including Japanese style condos
CLUSTERS

INTERNATIONAL SCHOOLS International schools in Chennai : German International School,


British International school, American International School,
Gateway International School
COLLEGES / HIGHER Krea University, Indian Institute of Information Technology (IIIT),
EDUCATION INSTITUTIONS Sri City and IFMR are operational.

LANGUAGE SCHOOLS Planned


JAPANESE RESTAURANTS Sasayama Japanese Retaurant, Aroma Multicuisine Restaurant,
(NO. AND PROMINENT NAMES) SENRI Hotels & Residences & Hotel True North.

SOCIAL INFRASTRUCTURE

SHOPPING MALLS Sri City Arcade

GOLF COURSE Hole Golf Course with Villas is planned. 8 Bay golf driving range.

5-STAR HOTELS Mango Resorts

RECREATION ACTIVITIES Pulicat Lake, Tada Falls, Sriharikota; Srikalahasti,


Tirupati-Tirumala Temples

INTERESTING FACTS Carbon Neutral Zone, IGBC Green City Award Gold 2017, Sri City
has never experienced floods or water logging

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TESTIMONIALS

Mr. Kenji Hiramatsu, Former Ambassador of Japan to India


"I am impressed with the progressive development seen at Sri City and I consider it as
one of the best places to do business, and I am confident that many more Japanese
companies from different sectors will show interest in Sri City.” -- 26 May 2018

Mr. Kojiro Uchiyama, Consul General of Japan in Chennai


"Taking into account the interesting combination of facilities, infrastructure and the
management's dedication, I am fully convinced that Sri City is an excellent place for
Japanese companies to invest." -- 24 May 2018

Mr. Haruhito Imizu, President, Nikkan Kogyo Shimbun


’The delegation was totally enthralled with the world- class infrastructure and business
friendly atmosphere at Sri City. We are particularly happy to see the Japanese enclave,
created exclusively for Japanese companies, and it will be my pleasure to introduce and
recommend Sri City to more and more prospective Japanese companies."
-- 10 November 2014

We are very happy to start our local manufacturing operations in India. India is one of the
biggest automobile markets and also one of the fastest growing economies in the world. India
is a key region in Isuzu's global growth strategy for its emerging markets and as an important
manufacturing hub in the future. Our focus is to accelerate our business and establish Isuzu
as an important player in the pickup trucks and utility vehicles market in India. Andhra
Pradesh is an investor friendly and progressive state with a receptive government
and we are delighted to locate our manufacturing plant here. Sri City is in an ideal location
offering impeccable opportunity, superior connectivity and great infrastructure which are
prerequisites for every industry. This new plant will not only cater to the requirements of the
growing Indian market, but in future it will also serve as a key manufacturing hub for ISUZU’s
global operations.”

- Mr. Masanori Katayama, President, Isuzu Motors Limited,


on plant inauguration day, April 27, 2016

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TESTIMONIALS

“Kobelco Group is the very first Japanese customer of Sri City . We were looking for a site in
India between 2009 and 2010. There were several options. We looked at Mumbai, Pune, NCR
Region and then Chennai. We chose Sri City because of its access to ports as our
components had to come from East Asia and a port on the East coast was better for us.
Chennai City was over crowded. Sri City turned out to be an ideal location.
We started work on our first factory in 2010 to provide innovative solutions to customers
based on their feedback. Our business increased by 10 times and hence to meet the market
demand we are expanding the production facility.”
When the new facility becomes operational, the annual production capacity of KCEI will be
about 3,000 of Hydraulic Excavators ranging from 14 tonnes to 38 tonnes.

- Yukato Goto Managing Director and CEO,


Kobelco Construction Equipment India

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