A DETAILED REPORT

ON SR I C I T Y

COLLECTED BY

E.GOPINADH, 2nd MBA, SIETK.

Sricity

Sri City Aerial View

Sri CityLocation of Sri City

in Andhra Pradesh and India

Coordinates 13°30′52″N 80°05′22″E 13.51437°N 80.08939°E

Country  IndiaState Andhra PradeshDistrict(s) ChittoorSub district SatyaveduPopulation 90,536Literacy 78%Official languages Telugu, Tamil, English,Time zone IST (UTC+5:30)Codes[show]• Pin code • AP-517588• Telephone • +91-8623

Sricity or Sri City is a Planned Integrated Business City (Township) located 55 km

North of Chennai on NH5 along the border of Andhra Pradesh (AP) and Tamil Nadu (TN)

States of India. Much of Sricity area is in Chittoor District and a smaller area along the NH5

is in Nellore District of AP, adjacent to Tiruvallur District of TN.

The Satish Dhawan Space Centre (aka SHAR), India’s Satellite/Rocket launching

centre is located at Sriharikota, on the eastern side of the Pulicat Lake which separates Sricity

and the Satellite launching station.

The Name Sricity is inspired by the title SRI is derived from Sanskrit. Sri is the sacred

sound of cosmic auspiciousness and abundance in Hindu religion. Written as Sri or Shree or

Sree or Shri, it stands for abundance, auspiciousness, affluence, grace, wealth, light, luster,

splendor, beauty, loveliness and authority.

The symbol has been used since Vedic times. Holiness is attached to the word when written or

spoken. It is also added before a name to show respect.Sri is mentioned largely in all

renowned temple towns in the region, Srikalahasti, Sriperumbudur and Sriharikota. The

famous Tirumala - Tirupati the abode of Lord Sri Venkateshwara (Srinivasa, Balaji) is also

located in same district.

After the symbol Aum and Swastika, Sri is the most popular symbol used in

Hinduism. Sri is also the sacred of Lakshmi, the Hindu goddess of wealth and prosperity.

HISTORY OF SEZ

In 1947 when India got independence at Puerto Rico industrialist and government was busy

setting up world first industrial park. Ireland and Taiwan followed Puerto Rico in sixties and

in eighties China bring the SEZ to the global map with its largest SEZ at the metropolis of

Shenzhen.

India was one of the first in Asia to recognize the effectiveness of the Export Processing Zone

model in promoting exports, with Asia’s first EPZ set up in Kandla in 1965. In 2000, after

thirty-five years, Murlisone Maran, then Commerce Minister made a tour to the southern

provinces of China and realized the importance of SEZ. On returning from the visit, he

incorporated the SEZ into the Exim Policy of India and after five year, Special Economic

Zones Act 2005 was introduced and in 2006 SEZ Rules was formulated.

The main objectives of the SEZ Act include – generation of additional economic activity ,

promotion of exports of goods and services, promotion of investment from domestic and

foreign sources, creation of employment opportunities, and development of infrastructure

facilities.

GOVERNMENT INITIATIVE FOR SEZ

Indian government to instill confidence in investors and signal their commitment towards a

stable SEZ worked on the Special Economic Zones Act. In May, 2005 the Special Economic

Zones Act was passed by Parliament, which received Presidential assent on the 23rd of June,

2005.

The Special Economic Zones Act 2005, after extensive consultations, came into effect on 10th

February, 2006. The Act offered drastic simplification of procedures on matters relating to

central as well as state governments. The main objectives of the SEZ Act include generation

of additional economic activity, promotion of exports of goods and services, promotion of

investment from domestic and foreign sources, creation of employment opportunities, and

development of infrastructure facilities.

It is expected that the Special Economic Zones Act will trigger a large flow of foreign and

domestic investment. Government offered various incentives to the companies in SEZ:

• Duty free import/domestic procurement of goods for development, operation and

maintenance of SEZ units

• 100% Income Tax exemption on export income for SEZ units under Section 10AA of the

Income Tax Act for first 5 years, 50% for next 5 years thereafter and 50% of the ploughed

back export profit for next 5 years.

• Exemption from minimum alternate tax under section 115JB of the Income Tax Act.

• External commercial borrowing by SEZ units upto US $ 500 million in a year without any

maturity restriction through recognized banking channels.

• Exemption from Central Sales Tax.

• Exemption from Service Tax.

• Single window clearance for Central and State level approvals.

• Exemption from State sales tax and other levies as extended by the respective State

Governments.

The Special Economic Zones Act also offered major incentives and facilities to SEZ

developers which include:

• Exemption from customs/excise duties for development of SEZs for authorized operations

approved by the BOA.

• Income Tax exemption on income derived from the business of development of the SEZ in a

block of 10 years in 15 years under Section 80-IAB of the Income Tax Act.

• Exemption from minimum alternate tax under Section 115 JB of the Income Tax Act.

• Exemption from dividend distribution tax under Section 115O of the Income Tax Act.

• Exemption from Central Sales Tax (CST).

• Exemption from Service Tax (Section 7, 26 and Second Schedule of the SEZ Act).

Apart from the above mentioned incentives the companies in SEZ require no license for

import made under SEZ units. In the case of losses they are allowed to carry forward losses.

The other advantages are

• No license required for import made under SEZ units.

• Duty free import or domestic procurement of goods for setting up of the SEZ units.

• Goods imported/procured locally are duty free and could be utilized over the approval

period of 5 years.

• The SEZ unit is permitted to realize and repatriate to India the full export value of goods or

software within a period of twelve months from the date of export.

• “Write-off” of unrealized export bills is permitted up to an annual limit of 5% of their

average annual realization.

No routine examination by Customs officials of export and import cargo.

Setting up Off-shore Banking Units (OBU) allowed in SEZs.

OBU’s allowed 100% income tax exemption on profit earned for three years and 50

% for next two years.

• Enhanced limit of Rs. 2.40 crores per annum allowed for managerial remuneration.

• Since SEZ units are considered as ‘public utility services’, no strikes would be allowed in

such companies without giving the employer 6 weeks prior notice in addition to the other

conditions mentioned in the Industrial Disputes Act, 1947.

The advantages of the SEZ are evident from the investment, employment, exports and

infrastructural developments additionally generated. In midst of all these advantages the SEZ

also has its own set of disadvantages, which include

• Revenue losses because of the various tax exemptions and incentives.

• Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land

bank for themselves.

• The number of units applying for setting up EOU’s is not commensurate to the number of

applications for setting up SEZ’s leading to a belief that this project may not match up to

expectations.

The economist strongly believe that the benefits derived from the investments and additional

economic activity in the SEZ and the employment generated thus will outweigh the tax

exemptions and the losses on account of land acquisition.

SEZ

"An SEZ is a specifically delineated duty-free enclave and shall be deemed to be foreign

territory for the purposes of trade operations and duties and tariffs ....” EXIM Policy 2000,

Chapter 9 Para 30.

Sri City Special Economic Zone offers multiple advantages including income tax exemptions,

single window clearance and all other fiscal and operational benefits that are unique to a free

trade zone.

This tax free, Free Trade Export Zone in southern India provides businesses the much needed

hassle-free working environment.

What are the rules that govern the setting up of units in a SEZ in India?

There are two documents that govern the setting up of units in a SEZ:

1. The SEZ Act of India, 2005

2. The SEZ rules 2006

Who will give approvals for the establishment of a SEZ ?

The Board of Approvals (BoA) is authorized to give approvals to the developer for the

establishment of a SEZ. The Board consists of representatives of various government

departments relevant for the SEZs. The composition of the Board is given under Clause 8 of

the SEZ Act.

Who governs the Special Economic Zone (SEZ)?

The Board delegates the authority to govern the SEZs to Development Commissioners

appointed for specific SEZs. The authority to approve setting up of a unit at Sri City SEZ has

been delegated to the Development Commissioner, Visakhapatnam Special Economic Zone.

The contact details of the Development Commissioner’s office is –

The Development Commissioner,

C/o VSEZ, Duvvada, Visakhapatnam - 530046,

Andhra Pradesh, India,

Tel: +91-891-2587555

What is the approval mechanism for the units to be set up in a SEZ?

All approvals are to be given by the Unit Approval Committee headed by the Development

Commissioner (DC). Clearance from the Department of Policy and Promotion/Board of

Approvals, wherever required will be obtained by the Development Commissioner. A Letter

of Approval to set up a unit in a SEZ is issued by the DC, provided the unit meets all the

criteria specified in the Application. The procedure of application is detailed under Clause 17

of the SEZ Rules, 2006.

What are the obligations of the Unit under the Scheme?

SEZ units have to achieve positive net foreign exchange earned over five years i.e.

Exports (FOB value of all exports) - Imports (CIF value of all imports) > 0. Please

see Clause 53 of Chapter VI of the SEZ Rules, 2006 for a more detailed

explanation

For this purpose, a Legal Undertaking is required to be executed by the unit with

the Development Commissioner

Any company set up with FDI has to be incorporated under the Indian Companies

Act with the Registrar of Companies for undertaking Indian operations

The units have to maintain proper records of accounting

Annual Performance Reports must be submitted to the Development Commissioner

The units are also to execute a bond with the zone Customs for their operations in

the SEZ

BENEFITS AT A GLANCE

15-year graded Income Tax Holiday  

Exemption from Excise and Customs Duties

Exemption from Central Sales Tax / VAT

Exemption from Service Tax

Exemption from all local taxes

Single-window clearance

100% FDI through the automatic route

No minimum export performance requirement except that exports must be greater

than domestic purchases in foreign currency

Domestic sales on payment of applicable duty

Offshore banking unit

On-site custom house

Self-certification

Warehouses/ICD

THE INTEGRATED TOWNSHIP INCLUDES VARIOUS ZONES:

Industrial, Residential,

Educational,

Commercial and Recreational.

SriCity Business Centre

The Industrial Zone includes a Special Economic Zone (SEZ) for Export Oriented

Industry and Domestic Tariff Zone (DTZ) for Domestic Industry. It is a business destination

for global companies to establish Manufacturing, Services and Trading operations in India.

The SEZ is administered by Andhra Pradesh Industrial Infrastructure Corporation

(APIIC) & Industrial Area Local Authority (IALA). The Government appointed officer

controls the planning and building approval processes. A Commissioner appointed by the

Government of India, Ministry of Commerce, administers the Special Economic Zone (SEZ)

area.

One of India's largest multi product Special Economic Zone Sricity (SEZ) is in

functional partnership with the Andhra Pradesh Industrial Infrastructure Corporation (APIIC)

which is the premier organization in the state of Andhra Pradesh, vested with the objective of

providing industrial infrastructure through the development of industrial areas.The SEZ is

master-planned and designed by Jurong Consultants, Singapore, provides for a well-planned

development schedule taking into account future dimensions of expansion.

INDUSTRY ZONES

Sri City SEZ - a multi-product Special Economic Zone, master-planned and designed by

Jurong Consultants, Singapore, provides for a well-planned development schedule taking into

account future dimensions of expansion of the export zone. The well-demarcated multiple

industrial zones within the SEZ ensure that cluster benefits are maximized in each specialist

area whatever be the business needs.

The SEZ zones planned for include:

Auto Components

Light Engineering

Electronics / Hardware

Aerospace

Apparel & Fashion

Renewable Energy

Biotech/ Pharma

Leather Products

Logistics and Warehousing

IT/ITES/BPO

Sports & Toys

Other Eco-friendly Industries

The Domestic Tariff Zone (DTZ) to support businesses in the SEZ is spread over

nearly 200 acres. This would be conducive to vertical integration of industry with the

flexibility of easy logistics solutions. In addition to supporting ancillary units for the SEZ, this

Domestic Tariff Zone (DTZ) within the Sri City SEZ is also a location option to units

supplying to the domestic Indian market. This twin advantage within the SriCity Special

Economic Zone will be a distinct plus for large businesses to cater to wider markets in India

and abroad.

LIFE STYLE

Quiet dinner after a hard day... Attending your child’s stage performance at school...

Surprising your wife with flowers on a weekday…You can fit this into your hectic schedule,

only at Sri City...

Sri City SEZ envisages creation of vibrant living spaces just minutes away from the

workplace.Housing of various formats -- independent villas, apartments, dormitories, hostels

-- will cater to the various needs of the Sri City occupants. Schools, hospitals and all domestic

amenities, from grocers to dry-cleaners, within the Free Trade Zone is planned to make life

self-sufficient and comfortable at this happening City.

For entertainment, shopping arcades, multiplexes, resorts and hotels within the SEZ

will create the necessary vibrancy for lifestyle to flourish here. Jogging tracks, walking trails,

waterfront leisure development and a host of recreation facilities in this export zone will make

the City a gratifying experience for people living here.

Just 10 minutes from Sri City Special Economic Zone is the Pulicat lake and bird

sanctuary. The timeless beauty of the Tada Falls is a five-minute drive from SriCity SEZ.

These getaways in the immediate vicinity of Sri City provide for much needed breaks from

workday anxieties.

SERVICE APARTMENTS

Convenient, Comfortable, Temporary Homes:

Customers and employees in the Sri City Special Economic Zone, as well as SEZ suppliers

can rent luxury service apartments at SriCity SEZ. The facility managed by a leading hotel

brand will have 50 rooms, which can be used by business people or families staying over. The

rooms will be provided with functional facilities like kitchenette, TV, a gym and indoor

games. Residents would have access to meeting rooms, catering services and telecom

networks.

In short, a functional business hotel with the warmth of an apartment blended in! inside the

export zone

MODEL COMMUNITIES

Encouraging Community Living

To create well-knit communities among the workers employed at SEZ Units here, Sri City

Special Economic Zone is setting up three model colonies.

Two projects are already underway and will have about 200 houses each. Each colony also

has its share of green areas, sewage treatment, water supply and primary schools. These

colonies can serve as a model for companies in the Special Economic zone wishing to provide

housing for their workers.

PROMOTERS/INVESTORS

Ravindra Sannareddy is the Managing Director of Sri City (P) Limited. He has co-founded Sri

City in association with NRIs and friends.  

Chintalapati Holdings, Hyderabad

Chintalapati Holdings is the Investment Company of Srinivasa Raju’s (Srini Raju) Family.

Chintalapati Holdings has investments in a number of sectors including IT, Media and

Entertainment, Retail, Specialized Engineering, and Property and Infrastructure.

Credit Asia Capital, Singapore

Credit Asia Capital (CAC) is an Asian special situations investment firm that specializes in

non-competitive, mid-market opportunities. CAC has invested over US$1.2 billion in Asia

since 1998.

Bedrock Infrastructure Capital LLC.

An investment arm of a group of NRIs led by Mr. Ravi Singh based in the US.

Amif Re Investments X Limited.

AMIF Investments, a fund advised by Och-ziff Capital, New York.

PARTNER

APIIC

Sri City Special Economic Zone is in functional partnership with the Andhra Pradesh

Industrial Infrastructure Corporation (APIIC ) which is the premier organization in the state of

Andhra Pradesh, vested with the objective of providing industrial infrastructure through the

development of industrial areas. This partnership facilities a streamlined implementation of

the SEZ scheme in the Zone and enables hassle-free operations within the free trade zone. The

corporation has so far developed over 270 industrial areas spread over 32,930 acres. Besides,

the APIIC is also developing sector focused parks like apparel park/food processing

parks/leather parks in the state. The corporation is the principle facilitator in mega projects

like Special Economic Zones and other infrastructure projects in the state.

APIIC is the nodal agency in partnership with SriCity SEZ, representing the government's

pro-active commitment to the development of this SEZ project.

DISTANCES

Travel Distances

Mode To From Distance To From Distance

AirportsChennai International Airport

South Entry

70 km Tirupati AirportNorth Entry

75 km

Seaports Ennore PortSouth Entry

50 km Chennai PortSouth Entry

58 km

Krishnapatnam Port

North Entry

100 km

Railways Stations

Tada StationNorth Entry

0.5 kmArambakkam Station

South Entry

5 km

Sullurpeta Station

North Entry

12 km

Bus Junctions

Koyambedu Junction Chennai

South Entry

56 kmKathipara Junction

South Entry

65 km

Nearby places

Pulicat LakeNorth Entry

1.5 kmTada Ubbalamadugu Falls

North Entry

12 km

GummidipoondiSouth Entry

18 kmSriharikota Temple

North Entry

31 km

Srikalahasti Temple

North Entry

47 km

Chennai City (Gemini Circle)

South Entry

63 km Tirupati CityNorth Entry

84 km

Chandragiri FortNorth Entry

85 km Nellore CityNorth Entry

102 km

Chittoor CityNorth Entry

120 kmKanipakam Temple

North Entry

140 km

LANGUAGES

Being the border town, both Telugu and Tamil are spoken. Telugu is official language

of Andhra Pradesh and Tamil is the official language in Tamil Nadu. Most of the educated

populace speak English and are bi or tri lingual.

Demographics

Sricity forms part of Satyavedu and Varadaiahpalem mandals of Chittoor District. It is

part of the Satyavedu constituency and Tirupati MP constituency. The population of the

constituency is estimated over 90536, with a literacy rate of 78.98, well over national rate of

Literacy in India which stand at 61%. SOURCE: Demographics of India, 2001 Census.

ECONOMY

Moving with times, Sricity is on its way to becoming a hub for large and medium

scale industries, such as Light engineering, electronics / hardware, aerospace, apparel &

fashion, renewable Energy, Biotech Pharmacy, leather products, logistics and warehousing,

railway wagon workshop, IT/ITES/BPO, sports & toys, other eco-friendly Industries.

TRANSPORTATION

Located on National Highway - 5 on the border of Tamil Nadu and Andhra Pradesh, Sri City's

location has been chosen with astute business sense and an eye on connectivity. Less than a

90-minute drive from the commercial and industrial hub of Chennai, Sri City Special

Economic Zone with an adjacent domestic tariff area is well connected by rail and road and is

in close proximity to three major ports and two international airports. This strategic location

of a domestic tariff area within Sri City offers the units an easy access to ancillary suppliers,

enabling efficient supply chain management. These well established linkages present the

benefit of shorter turn-around cycles and maximization of productivity to all the units in the

SEZ.

In addition to the physical connectivity, the location of Sri City SEZ has the advantage of easy

access to the rich talent pool in Tamil Nadu and Andhra Pradesh, including skilled and semi-

skilled workforce. There are about 30 engineering and polytechnic colleges within a radius of

20 kms of Sri City.

AIR

Sri City SEZ, with quick access to two international airports – the Chennai

International Airport and the Tirupathi International Airport, offers good air connectivity to

this Special Economic Zone.

Chennai International Airport is the third largest international gateway into the country

and the third busiest airport in India after Mumbai and Delhi. It is the main air hub for south

India, currently handling over 10 million passengers and serving more than 50 different

airlines. It is also an important cargo terminus for the country, after Mumbai. The

international cargo-handling facilities at Chennai have a turnaround time of 24 hours.

The Tirupathi airport is 75 km north of the Sri City Free Trade Zone. Currently, this

airport handles international cargo and is slated to be developed into an international

passenger hub.Chennai International Airport (MAS) is 90 minute drive from/to Sricity, and

Tirupati Airport (TIR) is also 90 minute drive.

Chennai International Airport is the third largest international gateway into the country

and the third busiest airport in India after Mumbai and Delhi. It is the main air hub for south

India, currently handling over 10 million passengers and serving more than 50 different

airlines. It is also an important cargo terminus for the country, after Mumbai. The

international cargo-handling facilities at Chennai have a turnaround time of 24 hours.

RAIL

Sri City SEZ is well-connected through a broad gauge railway line that links the major metros

of India - Chennai and Kolkata in the east.

Suburban Services

The connectivity to Sri City SEZ and the domestic industrial park is further enhanced by the

suburban rail services operating from Chennai.

The hinterland of this free trade zone is served by nearly 30 suburban rail services, to

and from Chennai every day and provides access to all suburbs of Chennai. With such

connecting rail networks, commuting to work at Sri City SEZ is convenient.

Sricity is in between two Railway Stations, Tada on the North and Arambakkam on

the South. Express Trains connecting Chennai, Bangalore, Hyderabad, Kolkota, and Delhi

stop at Sullurpeta which is 12 km away from Sricity. Mumbai bound trains stop at Renigunta.

Nearly 30 suburban trains operate between Sullurpeta and Chennai every day passing via

Sricity (Tada & Arambakkam

SEA

Sri City SEZ and the domestic industrial park offers a competitive advantage to the

manufacturing and the logistics sector with its proximity to not just one but three seaports.

This strategic position of Sri City Special Economic Zone is unmatched by any SEZ location

in the country.

PORT OF CHENNAI

The Port of Chennai on the east coast is 65 Km from Sri City Special Economic Zone .

Strategically located and well connected with major parts of the world, it is today a major

Indian Port.

Continuous modernization, efficient services at minimum cost, simple and integrated

procedures and a user-friendly approach makes this all-weather port a popular choice. It

currently has oil terminals, iron ore terminals and a container terminal. The container terminal

has direct services to China, Europe and US with a handling capacity of 9,50,000 TEUs.

Chennai Port is an ISPS Compliant Port with ISO 9001: 2000 certification. The port ranks

third amongst Indian ports. The highlights include berthing on arrival, with a pre- berthing

detention of 0.9 hours. The average turnaround time is 2.4 days.

The Port has on its agenda the following major projects under the National Maritime

Development scheme, with an estimated investment of over Rs.1000 crores which will in turn

benefit SEZs in this region. These include

Development of second container terminal on BOT basis

Modernization of Chennai Port

Creating back-up area off dock & parking area

Creation of additional open storage area which are specially vital for units within

the SEZ

Ennore Port

Ennore Port, situated on the Coromandal coast, is about 24 km north of Chennai Port and 40

km south of Sri City Special Economic Zone. It is the 12th major port in India and the first

corporatised major port in the country. Currently the number one destination for Liquid Bulk

Cargo, this Port was originally conceived as a satellite port to the Chennai Port.

The scope however was expanded taking into account the subsequent development

plans of the Government of Tamil Nadu in the wake of the tremendous surge of new

investments into the state over the last five years, including SEZs and Free Trade Zones.

Ennore Port Limited has initiated development of the following facilities through private

sector participation, as part of its Phase-II development programme:

Alongside jetty for handling 3 million tonnes of POL products, chemicals and

liquids

A coal terminal for handling 8 million tones of coal for users other than Tamil

Nadu Electricity Board

An iron ore terminal for handling 12 million tones of iron ore for exports

An LNG terminal for handling 5 million tones of LNG

A container terminal for handling 18 million tones (1.5 million TEUs) of containers

By 2013 – 14, the second phase development would augment the port cargo handling

capacity by 58 Million Metric tonne per annum.

These advantages are a plus to any Special Economic Zone or Industrial Zone in India due to

the proximity to Ennore port, be it for engineering, information technology, auto components,

garments or leather products, with container freight station facilities and free trade

warehousing zone.

Krishnapatnam Port

Located 65 Km to the north of Sri City SEZ, on the east coast of India in Nellore District of

Andhra Pradesh, this port comes with aggressive up gradation plans by the Andhra Pradesh

Government. With unprecedented growth in bulk commodity containerized trade in the

international markets; Krishnapatnam Port has been envisioned futuristically as a modern,

deep water and high-productivity port with the view to sustain the demands of growing

international trade scenario. Designed for handling vessels up to 200,000 DWT, the expansion

plans include development of a minimum of 30 berths. The port has the potential to develop

into a hub terminal for containers, coal, petrochemicals and project cargos / ODC

ROAD

Sri City SEZ is located alongside National Highway -5 which forms part of the Golden

Quadrilateral road network. The infrastructure advantages of this free trade zone is further

enhanced by the Golden Quadrilateral which is the largest express highway road project in

India, consisting of four/six lane expressways connecting the major metros of India - Kolkata,

Delhi, Mumbai and Chennai..

Currently a four-lane national highway, this roadway is now being upgraded to a six-lane

expressway. Being part of the crucial national road connectivity, the National Highway

Programme is a priority on the Government of India‘s development agenda and is being

accorded high maintenance standards. A major part of this 1,533-kilometers National

Highway passes through Andhra Pradesh and Orissa along the east coast which ensures Sri

City SEZ with excellent road connectivity to northern India.

GEOGRAPHY & CLIMATE

Geography

Sricity is about (70 km2) in Size, though all the area within does not belong to Sricity IALA.

The area includes the neighboring villages, water bodies and state forest lands. The terrain

slopes gradually from an elevation of about 30 meters above MSL at the South West corner to

about 7 meters towards the North East corner of Sricity. A Creek (Karipeti Kalava) flows

through Sricity passing through a number of Lakes on the way before joining Pulicat Lake

North of Tada. There is a state forest on the western boundary. Telugu Ganga project carrying

Krishna River water to Chennai City passes along the western boundary of Sricity.

CLIMATE

Satyavedu Mandal Rainfall (mm)

The area experiences both the Southwest monsoon & Northeast monsoon. In between

there are lull periods. The average rainfall per annum as recorded at rain gauge stations at

Satyavedu is 1305mm.

mid May to mid August – Southwest monsoon

mid August to mid October – Transition / calm period

mid October to mid January – Northeast monsoon

mid January to mid May – Transition / calm period

SOILS

The soils of the area can be broadly classified as

Latosolic developed on the coastal Laterite

Yellow Podzolic soils formed on the sandy sheet of alluvium and

The transition located at the contact of Laterite and Alluvium is Podozolic – Latosolic

soil.

Latosols: Soils formed due to lateralization are called as ‘Latosols’ or ‘Latosolic soils’. This

will have local accumulation of ‘iron’ and ‘alumina’ pockets. In fact, it is the iron rich pockets

that contribute to the building material. This becomes hard and compact on exposure to

drying. A thin regolith forms on the laterite. Latosols with the characteristic red color are seen

on the laterite in the area under study. This covers nearly 30% of the area.

Yellow Pedozolic (Pod sol) soils: These are developed on the sandy parent material, as

noticed on the eastern part of the area under report. As the name indicates, the color of the soil

is yellowish. This occupies nearly 40% of the area.

Pedozolic – Latsolic soils: This is the transition between the Latosols and Pedozolic soil. It is

mostly observed in the vicinity of the contact between the laterite and the alluvium. This

accounts to 30% coverage.

INFRASTRUCTURE

Sri City SEZ is master-planned by the renowned Jurong Consultants, Singapore. Their brief

was to create a business city with a free trade Zone that would figure in any list of ‘India’s 5

best cities to live and work in’.

The infrastructure at Sri City Special Economic Zone and the domestic industrial park

is designed to benchmark with global standards with six/ four-lane roads, abundant power and

water supply. The design and construction of this Industrial Zone includes innovative, space

efficient methods to create quality and competent delivery systems in conformation with

international quality standards and stringent environmental norms of SEZs.

Each element of the SEZ infrastructure – expressways, telecom connectivity, power,

water and waste water management – is designed with the utmost attention to detail, and the

execution of concepts and plans will be under the expert supervision of recognized SEZ

consultants.

PRODUCT OPTIONS

With a view to offer a wide range of location options to the units in the SEZ and the domestic

industrial zone, Sri City is built on a multifaceted format to provide for the varied needs of

companies. This assortment of infrastructure options includes –

Developed Industrial Land Parcels

The plots have optimal access to all networks - road, water, power, sewage and storm-water

drains. Each unit has good road frontage and has ready access to the infrastructure networks

that run along on the boundary of the plot.

Ready Built Factories

Ready-to-function industrial factories to meet the immediate start-up requirements of

companies in the Special Economic Zone will be made available. These will be standard

design factory structures provided with power supply.

Built-to-Suit:

This option will be offered to give customized start-up support to companies. Factories/offices

detailed to company specifications can be built on request. RP

ROADS:

To facilitate smooth transport of people and goods within Sri City SEZ, top international

companies, STUP and Wilbur Smith, have been brought on board to create this critical SEZ

road network.

The road network in the Special Economic Zone is categorized into arterial, primary

and secondary roads, and they have been designed taking into account the traffic volume. The

internationally recognized International Road Council standards are adopted and strictly

adhered to in designing the road networks in the SEZ and domestic Industrial zone. The road

network system in the Free Trade Zone has been planned so as to ensure a smooth flow of

traffic for both car and cargo movement within the SEZ.

This road network within Sri City SEZ comprises a 72-metre wide arterial road (six-lane with

central median) express way and an internal road system of primary (53-metre wide) and

secondary (47-metre wide) distribution roads.

The main avenue entering Sri City Special Economic Zone from the National

Highway-5 will be the six-lane arterial road with central median landscaping, wide sidewalks

and curb-side landscaping which will enhance the aesthetic value of this unique export zone

of India.

WATER AND SEWERAGE SYSTEMS

With assured water supply from the Government, Sri City Special Economic Zone is well

placed to meet the requirement of industrial processes, offices and residences within the free

trade zone and industrial park. To utilize the resources efficiently, a water management

system planned and developed in association with Anna University is under way at the SEZ.

A water-treatment plant will supply treated water to the SEZ and the domestic industrial zone.

A well-planned sewage system will be designed and connected to a Sewage Treatment Plant

(STP) which will collect treated effluent from the SEZ units. This offers an advantage to the

industrial units in the Special Economic Zone as they do not have to make seperate provisions

for disposal of treated liquid effluents.

POWER

Sri City Special Economic Zone has received an allocation of 450 MW of power from the

Government of Andhra Pradesh, to be supplied in a phased manner to the SEZ and the

domestic industrial zone. ABB, a leader in power and automation technologies, is being

consulted for identifying sources of power supply and planning the power network and

distribution within the Free Trade Zone. A 220 KV sub-station is being set up in Sri City

Special Economic Zone and will be operational very soon.

Two 4000 MW power plants coming up at Krishnapattinam, 65 Km to the north of SriCity

SEZ, could also provide power to this Export Zone in future , if required. The first power

plant will be operational in four years.

PLUG-N-PLAY OFFICES

The current project office at Sri City Special Economic Zone has plug-n-play facility that our

SEZ and domestic tariff area customers can use for operations until their units in the Industrial

Park are ready. These fully furnished offices with all business amenities will be available to

the export and domestic zones at nominal rentals.

A PROFILE OF SELECT CUSTOMERS WHO HAVE SRI CITY AS THEIR BUSINESS

ADDRESS.

VRV India Cryogenic Equipment Private Limited

Italy-based VRV Group is among the world’s select few manufacturers of sophisticated

pressure vessels and cryogenic tanks. Established in Milan, the 50-year-old VRV Group

specializes in the design and manufacturing of pressure equipment for chemical,

petrochemical, pharmaceutical and power industry.

Venture Automotive Tooling India Pvt. Ltd.

Venture Automotive is an ‘art to part’ engineering, tooling and plastic component supplier to

the global automotive industry. With 22 plants in USA, South Africa, India, China and

Australia, Venture manufactures automotive components like exterior and interior trim parts.

The company’s non-automotive products include wind turbines

BFG International Private Limited

BFG International, Bahrain, is a recognized market leader in the design and manufacture of a

wide and diversified range of composite products for the railway coaches industry. BFG

develops and supplies a wide range of standard products that are internationally acclaimed for

their world-class quality and highly competitive value.

Kobelco Construction Equipment India Pvt.Ltd.

As a core member of the 233-billion yen Kobe Steel Group, Japan, with more than 40,000

employees worldwide, the Kobelco Construction Machinery (KCM) Group, Japan, has a long

history of developing construction machinery. Kobelco Construction Equipment India

Pvt.Ltd. (KCEI) will manufacture, market and service KOBELCO -brand high performance

hydraulic excavators.

Am phenol Mobile Communication Products India Private Limited

Amphenol is one of the largest manufacturers of interconnect products in the world. The

Company designs, manufactures and markets electrical, electronic and fiber optic connectors,

coaxial and flat-ribbon cable, and interconnect systems. Amphenol is a major supplier to

Nokia and Flextronics among others.

Love Pac Converting Private Limited

Lovepac Converting Private Limited is a part of the Nolato Group founded in 1938 in

Sweden. The Nolato Group consists of 16 fully owned subsidiaries that are divided into three

different business areas; Industrial, Medical and Telecom. Lovepac Converting is one of the

world’s leading suppliers of adhesive products to mobile phone and other electronics

industries, serving a premier customer base.

Eura D&A

Eura is a leading Spanish company with more than 60 years of experience in the production of

abrasives and diamond tools for the polishing, calibrating and squaring of porcelain gres,

natural stones and quartz agglomerate.

Tablets India Limited

TIL Healthcare, a part of the Jhaver Group of Companies is leading manufacturers of many

unique and innovative Pharmaceutical / Nutraceutical formulations. Through the collaboration

with various Japanese and European MNCs, the company’s high quality formulations are

prescribed widely in India and elsewhere in the world. Their products are exported to around

39 countries including UK, Belgium and Italy.

Rock worth Systems Furniture (India) Private Limited

Rock worth Systems Furniture (India) Private Limited, a Thailand based company in joint

venture with Dubai based Al-Reyami Group, are manufacturers, distributors, and marketers of

quality Office Systems Furniture. Their products include Panel systems, desking systems,

tables, filings and storage and other seating systems.

Saakar Printing Design and Engineering Private Limited

Is a joint venture with Swiss company TRS Productions d.o.o, and investments from Periplo

Limited, Gibraltar. Saakar remanufactures toner cartridges for laser printers. Currently they

cater to the European markets and plan to expand to USA, Middle Eastern & Asian markets.

A.S. Cargo Movers (P) Ltd

A.S. Cargo Movers (P) Ltd, a group company of A.S. Transport (P) Ltd. is a Rs.1000 milion

turnover company. They are leading logistics and warehousing service provider in India and

they manage 3 PL (Third party Logistics) operations in 38 locations to service the transport

and 3 PL requirements of more than 30 MNCs.

NPP Industries

NPP Industries is a venture engaged in the manufacture of world-class polyethylene coated

cup stock paper rolls. The prime aim of the company is to produce environment friendly

packaging products at the most competitive price with international standards.

Lifeline Hospital

Internationally recognized as providers of advanced health care and founded by Dr. K.M

Cherian, world renowned cardiac surgeon, Frontier Lifeline Hospital will set up a world-class

Emergency Care unit at Sri City, to cater to the medical requirements in and around Sri City.

Euro School

Renowned for international standards in education, Euro school, in Sri City will offer CBSE,

ICSE and International Baccalaureate curriculum. With classes from standard I to XII to cater

to the diverse educational needs of Sri City, Euroschool will offer world-class education with

emphasis on the holistic development of students.