Technology IT Scenario in Maharashtra IT & ITES Policy 2015 (Highlights)

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Technology IT Scenario in Maharashtra Government of Maharashtra in order to promote balance regional growth of IT Industry in the Stare had come put with IT & ITES Policy 2015. As per the guide lines set by the policy, Government has declared 37 Public IT Parks. Out of these 30 IT Parks are being developed by MIDC. IT & ITES Policy 2015 (Highlights) Exemption from Stamp duty (Public IT Parks : 100%; Private Parks : 75 %) 100% Exemption from payment of Electricity duty. Upto 200% Floor Space Index (FSI) for units in IT Parks. Exemption from payment of Octroi/Entry Tax. Unlimited Captive Power generation. Permission for fulltime. ITES/BPO units to be treated as Essential Services. Property Taxes reduced for IT/BPO units same as Residential rates (AVGC) Animation visual effects, gaming & comics Relaxation in keeping extra records of attendance and payment of Data Center. 25% concession in the cost of land to develop for IT units in specific undeveloped areas like Nashik,Aurangabad & Nagpur

IT Parks of MIDC Infrastructure: State-of-the art infrastructure facilities viz, un-interrupted power supply with dedicated sub station and DG Sets, 24 hour assured water supply, connectivity, security arrangement & other facilities viz, food kiosk, cyber café, coffee shops, restaurants, banks, shopping complex, Parking places etc. are provided by the Corporation. Millennium Business Park, Navi Mumbai : Planned and landscaped are of 18 hectares, with 35 buildings having 23,00000 sq. ft. total built-up area. Samruddhi Venture Park, Mumbai : Developed over area of 0.5 hectares, with 70 galas and built-up space of 1,04,000 sq. ft. Airoli Knowledge Park: A sprawling 60 hectares of land with well-developed roads and other infrastructure. Ambernath IT Park, Thane: Spread over 15.2 hectares of land & Government of India has granted formal approval for redesigning as IT & ITES specific SEZ.

IT Parks 1. Hinjewadi Phase-I The park has been established in 1998 on the Government land at Hinjewadi admeasuring about 96.42Hectars. All the plots from this Park have been sold out to various prominent I.T. Companies like M/s. Infosys, M/s.Wipro, M/s. Geometric, M/s. Cognizant, M/s. KPIT & M/s. STPI etc. More than 31units are in production. MIDC has invested Rs. 256.55 Lakhs for the development of this park. This park at present employees about 16000 Software professional. 2. Hinjewadi Phase-II: Land admeasuring 236.23 hectares have been acquired for this park. Various prominent IT Companies like M/s.Infosys, M/s. Wipro. Further, two plots for IT developers has been allotted i.e. to M/s. Embassy Group and; M/s.Ackruti. Out of the total area of this park 54.40 hectares of land has been reserved for Bio-Tech Park. MIDC has signed Joint Venture Agreement with TCG Urban Infrastructure Holdings Ltd. for the development of this BT Park. MIDC have so far invested Rs. 1873 lakhs for the development of this park.

IT Parks 3. Hinjewadi Phase-III: MIDC has acquired 352.00 Infrastructure land for this park. Out of the total area, on 118.54 hectares of land, Residential Zone & rehabilitation has been developed & the Government of India has already granted the formal approval for 223.56 hectares of land as IT & ITES specific SEZ. The plots form IT SEZ have been allotted to software companies i.e. M/s. TCS, M/s. Tech Mahindra, M/s. IGATE Patni. M/s. KPIT Cummins Infosystem Ltd., M/s. Hexaware Technologies Ltd. M/s. Siemens Ltd., M/s. C-DAC and many more small software companies. Further it is also consideration to allot land to M/s. Microsoft Corporation. In addition to this 25 acres of land has been allotted to M/s. Ascendas IT Park (Pune) Pvt. Ltd. for development of IT Park in joint venture with MIDC where there will be 26% stake of MIDC. On the basis of same analogy, 12 acres of land is being allotted to M/s. TSI Ventures. 4. Hinjewadi Phase-IV: The Government has notified 465.00 hectares of land for this park & it is under acquisition & development. 5. Kharadi Knowledge Park: The park is established in the year 2000 on 30.00 hectares of the Government land of Village Kharadi. The park is 10 Kms. Towards East of the Pune city. The park is only 3 Kms. away from Pune Air-Port. Construction of I.T. Tower of about 1,80,000 (186000) sq.ft. Area. At present total 6 plots with area of 25.75 Hect. have been sold out to various prominent companies like Zensar. Further, MIDC has allotted 18.00 Hect. Land for IT development to M/s. Panchshil Developer.

IT Parks 6. Talawade Software Park: Talawade Software park has been developed on Government land admeasuring 75.00 hectors of Village Talawade in the Year 1988. This park is 5 Kms. away towards north from the Pimpri Chinchwad, and 28 kms. from Pune city. At present the park have active companies like M/s. Pune Software Park, M/s. Kanbay, M/s. FSyntel, M/s. Xansa & M/s. Rapidigam with 1500 employees. The total investment made by MIDC on the park is about 5 crores. Major Clients: Prominent clients include, Infosys Ltd, Wipro Ltd., Tata Consultancy Services, C.M.S. Hexaware, Mastek, Intelnet Global Services, Reliance Infocomm, MTNL, VSNL, STPI, NASSCOM, Cognizant, Geometric, Tata Technologies, Veritas, KPIT, Cummins, Kanbay, Syntel, Rapidigam, Xansa, Zensar Technologies, Persistent System, Meltek Systems, Indian Internet Solutions, etc. Thrust cities considered for IT development are Nashik, Nagpur (Butibori), Kolhapur, Aurangabad. While new cities like Solapur, Latur, Nanded are being projected for development of IT/BPO activities. The areas of following cities are being developed by private developer as a IT Park. Nashik, Ahmednagar, Sangli, Kolhapur, Solapur, Latur, Nanded, Amravati & Nagpur.