MahaConnectThe Business Newsletter54th Edition - October 2014

From the Government ofMaharashtra- MIDC

MagneticMaharashtra

Attractions Unlimited

Government ofMaharashtra

Maharashtra IndustrialDevelopment Corporation

From

the

Ed

itor

Dear Reader,

The state’s efforts towards developing more efficient business regulations and its consistent support to industries have ledMaharashtra to be ranked as one of the leading states in India in terms completion of investment projects for the secondconsecutive quarter. The key updates section of this edition focusses on Maharashtra’s achievements in this area.

The events section of this edition throws light on MIDC’s support to two of the industry’s major events namely, the 4th GlobalEconomic Summit 2014 and the 8th Asian Textile Conference, which were recently convened. MIDC was invited at both events toshare the key insights and business intelligence with industry leaders present at the events.

This edition of MahaConnect also covers the district profile of Nashik, which apart from being one of the most successful winemanufacturing hubs in India, hosts several industry majors across sectors. The newsletter includes the industrial estate profile ofChakan, and highlights the factors which make Chakan one of the most developed and sought-after industrial areas. This editionalso brings to light the success stories of the Tata Motors – Defence Solutions and how the company has grown in the state ofMaharashtra.

We sincerely hope that this newsletter proves to be informative. As always, we look forward to your valuable comments andfeedback which will help us in making MahaConnect more enriching for our readers. Please write to us atmahaconnect@midcindia.org. We also invite you to visit our website www.midcindia.org for further details and opportunities thestate provides in the realm of setting up industries in the State.

Bhushan Gagrani (IAS)Chief Executive OfficerMaharashtra Industrial Development Corporation

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ContentsDistrictProfile

Events (1)

Key Updates

IndustrialEstate Profile

Success Story

Events (1I)

Apart from encompassing the wine capital of India, Nashik district houses several industrial majors across many industrialsectors such as Bosch, Dabur, Glaxosmithkline, Jindal Group, Atlas Copco, and many others. Read the district profilesection to learn more about the factors that have attracted these industry majors to invest in Nashik.

Located in Pune, one of the most industrially developed districts in India, the Chakan Industrial area is itself one of the mostsought-after industrial areas in Maharashtra. The Industrial area is one of the biggest Auto clusters in the nation. Read theIndustrial Profile section to know more about Chakan and its huge industrial presence.

Tata’s plant at Pune produces specialized military vehicles and is spread over two parts – one at Pimpri and the other atChinchwad, which together cover an area over 930 acres. Read the Success Story section to know more about how thecompany has witnessed immense growth in the state of Maharashtra.

The 4th Global Economic Summit 2014 was held on September 11-13, 2014 in Mumbai The event saw distinguishedbusiness leaders, bankers, academicians and technocrats share key business insights and market trends. At the event, ShriBhushan Gagrani (IAS), CEO, MIDC shared Maharashtra’s strengths on the industrial front. Read this section to know moreabout the event.

The 8th Asian Textile Conference – ATEXCON was held on September 22-23, 2014 in Mumbai. The event broughttogether the lead players of Asian textile industry . Dr. P. Anbalagan (IAS), Joint CEO, MIDC was invited to give apresentation on the scenario of the textile industry in Maharashtra. Read the Events section to know more about this event.

Maharashtra ranked amongst the top states in India in terms of completion of investment projects for the secondconsecutive quarter. Read the Key Updates section to know about the state’s achievements on the industrial front. Thesection also contains the details to the recent invitation by the Ministry of Environment & Forests (Government of India) forcomments / suggestions for its draft notification concerning amendments to environmental norms

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§ Nashik has the advantage of proximity to large industrial clusters situated in districts such asAurangabad, Thane, Ahmadnagar, Pune and Mumbai. Nashik’s geographical location and itsdeveloped industrial infrastructure has attracted many industry majors across varied industrialsectors such as Adani Wilmar Ltd, Bosch Ltd, Jindal Saw Ltd, Dabur India Ltd, GlaxosmithklinePharmaceuticals Ltd, among others.

§ Nashik district spreads over a vast area of 15,530 square kilometres. It is bound by Dhule districtto the north, Jalgaon district to the east, Aurangabad district to the southeast, Ahmednagar districtto the south, Thane district to the southwest, Valsad and Navsari districts of Gujarat to the west,and the Dangs district to the northwest.

SOCIO ECONOMIC INDICATORS

Population (in ‘000s) 6107

No. of households(‘000s) 1223

Literacy rate (%) 82.3

GDP(2012 -13 in INR Crore) 64,041

Per capita income(2011- 12 in INR) 97,896

INFRASTRUCTURE INDICATORS

AirportsMumbai International

Airport – 166 Km

Sea Port/Nearest JNPT - 190 Km

Roads 13971

Railways 287

Maharashtra

NASHIK DISTRICT

§ Godavari and Gima are the important riversof the district. The Godavari river is drainedby many distributaries out of which themain distributaries - Darna and Kadva havecanals that irrigate land around their banks.

§ Sand, Murum, Stone and clay are available inabundance in the district, which can besuitably used for construction projects.

§ The district’s Gross Domestic Productgrew by 18.93% in 2012-13 and its percapita income grew by 17.34% over thesame period.

DISTRICT PROFILE - NASHIK

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DISTRICT PROFILE - NASHIKR

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§ National Highway 3, passes through Nashik and connectsthe district to several places of industrial importance inthe states of Maharashtra, Uttar Pradesh, Rajasthan, andMadhya Pradesh in India.

§ Mumbai Nashik Expressway is a 6 lane150 Km longexpressway connecting Mumbai to Nashik. At the timewhen this project was awarded, it was the largest BOT(Build–operate–transfer) road project in India.

§ Nashik Road Railway Station is the major railway station inthe Nashik city. It is an important railway station for theCentral Railways and is well connected to several majorcities in India.

§ Other important railway stations in the district areManmad railway station and Igatpuri railway station.

§ The Chhatrapati Shivaji International Airport in Mumbai is166 Km from Nashik and is connected via the NationalHighway 3.

§ A new terminal at the Ozar Airport, which is 15kilometres northeast of the city of Nashik was inauguratedon 3 March, 2014. Commercial operations are set to startsoon at the airport.

§ Jawaharlal Nehru Port (JNPT) and Mumbai Port (MBPT)are 190 km and 181 km respectively from Nashik and areconnected via the National Highway 3.

§ Jawaharlal Nehru Port (JNPT) & Mumbai Port (MBPT) aretwo of the largest ports in India and are located inMaharashtra. Together they account for 22.45% of thetotal traffic at all major ports in India.

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DISTRICT PROFILE - NASHIK

INDUSTRY MAJORS IN NASHIK

Bosch Jindal Saw Ltd.

§ Bosch Limited in Nashik manufacture nozzles andinjectors for classical as well as Euro series.

§ Nashik Plant is one of the important establishments ofBosch in India since last 40 years.

§ The plant is spread on 400,000 sq m, having fourmanufacturing hangars. In addition to TS 16949, plant isalso certified for ISO 14000, the internationallyacknowledged certificate for Environment protection.

§ With the constant efforts for excellence in Quality anddelivery commitments, the plant received goodacceptance by customers in Europe, USA and South EastAsia.

§ At present , exports constitutes about 25% of the plantoutput.

§ The Sinnar (Nashik) plant of Jindal Steel Ltd houses itsSeamless Tubes Division.

§ The plant has an annual installed capacity of 220,000 MTons for Carbon & Alloy Steel Pipes and is equippedwith modern manufacturing machineries and latesttesting facilities including Fusion Bonded Epoxy (FBE) and3 layer Poly Ethylene (LPE) Coating Line.

§ The company has recently commissioned a state of theart PQF Mill and have also added a new Quench andTemper Furnace, Up setter, Hydro tester, MAC EMI &UT and PMC Threading machines. With the addition ofthese machines, this plant will be technologically at parwith the best seamless mills internationally.

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DISTRICT PROFILE - NASHIK

INVESTMENT OPPORTUNITIES IN NASHIK

Food Processing§ Due to its locations and topography, the district enjoys climate suitable for agricultural operations.

§ The soil from the river banks, especially of Girna and Mosan is black, fertile and suitable for the cultivation of cotton andsugarcane.

§ The soil in the middle part of the district starting from the foot of the hills to the low lands on the eastern side is suited for thecultivation of cereals, pulses and vegetables.

§ The district is one of the major Grapes producing states in India and is known for Wine manufacturing.

§ MIDC has set up two Wine Parks in Nashik Vinchur and Additional Vinchur.

§ Nashik is also one of the major district in the state of Maharashtra, producing Guava and Pomegranate.

§ Additionally, Nashik is one of the major Onion producing districts in the state.

§ The district hosts many companies that are engaged in the horticulture business.

§ Major Companies - Adani Wilmar Ltd, A D F Foods Ltd, Ravalgaon Sugar Farm Ltd, Freshtrop Fruits Ltd, Empire Spices & Foods Ltd, Vadilal DairyInternational Ltd, Fortune Foods Ltd, Finns Frozen Foods (India) Ltd, Citric India Ltd, Sula Vineyards, etc.

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Engineering§ Nashik’s proximity to districts with major engineering clusters such as Aurangabad and Ahmednagar has facilitated easy access to a large

supplier / vendor base.

DISTRICT PROFILE - NASHIK

INVESTMENT OPPORTUNITIES IN NASHIK

§ Power utilities are currently the biggest contributor to growth of the Engineering sector.

§ The presence of large companies in the power sector such as Tata Power, Reliance Energy, Ratnagiri Gas and Power Pvt. Ltd,Adani Power, and many other state owned power companies make Maharashtra a big consumer of Power generation &distribution equipment.

§ Major Companies - Atlas Copco (India) Ltd, Everest Industries Ltd, Kirloskar Pneumatic Co. Ltd, Sahyadri Industries Ltd, Caprihans India Ltd,Artson Engineering Ltd.

§ The engineering sector is a capital intensive sector. Since all the Industrial estates in the district are classified as B, C, Dand D+ regions, industries in Nashik district enjoy relatively higher fiscal incentives on fixed capital investment, as perthe state’s industrial policy 2013.

§ Relatively lower land rates in Nashik also act as a major advantage for the capital intensive companies in theengineering sector. Since land costs constitute a major part of total capital investment, thus the lower land prices helpcompanies improve their return on investments.

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DISTRICT PROFILE - NASHIK

NASHIK – THE WINE CAPITAL OF INDIA

§ Maharashtra is the largest producer of Grapes in the country.

§ In 2011-12, the state produced 1.8 MMT of grapes i.e. 81.5% of total production of India.

§ Production of grapes in the state has increased at a phenomenal rate in recent years – it has increased over 4 times from 0.4 MMT in 2009-10 to 1.8MMT in 2011-12.

§ During the same period, while productivity increased manifold from 5.4 MT/Ha to 19.7 MT/Ha, the area under grape cultivation also increased from82,000 Ha to 92,000 Ha.

§ The state is also a leading exporter of grapes to markets in the European Union and South East Asia.

§ The well-organized co-operative infrastructure of Grape Growers Association has not only promoted viticulture in the state but also brought the statein focus at global levels.

§ Nashik is the leading grape growing district in the state which caters to the export markets and also houses the ‘Wine Parks’ established by MIDC asspecialized infrastructure for food & agro industry.

Vineyards and Wineries in Nashik

DISTRICT PROFILE - NASHIK

MIDC Area Total Land(Hectares)

Nashik (Satpur) 635.76

Nashik (Ambad) 515.5

Sinnar(GC) 631.28

Addl. Sinnar 120.04

Peth (Mini) 5.46

Vinchur (Mini) 162.02

Dindori (Mini) 32.72

The district of Nashik has 7 industrial areas under MIDC. The totalland coverage of these industrial areas is 2102 hectares.

For detailed information on each of these industrial areas. Including availability of land please refer to the following link—http://www.midcindia.org/Pages/IndustrialPage.aspx

For further information, please refer to the following links1. For power tariffs applicable —http://www.midcindia.org/Pages/PowerTariff.aspx?IndusArea=All&Region=All2. For Land Rates —http://www.midcindia.org/Pages/FilterLandRates.aspx?IndusArea=All&Region=All3. For Water Rates —http://www.midcindia.org/Pages/FilterWaterTariff.aspx?IndusArea=All&Region=All

For any further information on the services provided by MIDC and other important state policies including the NewIndustrial Policy 2013, please visit our website - www.midcindia.org

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INDUSTRIAL ESTATE PROFILE

CHAKAN INDUSTRIAL AREA

§ Spread over 1513 hectares of land, the Chakan industrial area is one ofthe most sought-after Industrial Estates in Maharashtra.

§ Situated in Pune, Chakan is one of the biggest auto clusters in India.

KEY INDUSTRIAL PRESENCE

PUNE DISTRICT

CHAKAN INDUSTRIALAREA

32 Km formPune

136 Km formMumbai

114 Km fromRaigad

140 Km fromSatara

260 Km fromSangli

136 Km fromThane 11

REGIONAL OFFICE INFORMATION

Officers in Charge —• Shri. Nilesh Gatane ( RO)• Shri. A. M. Bhosale (AM)• Shri. V. K. Sable (EE)

Address - Jog Centre,2nd Floor,Pune Mumbai Road, Wakdewadi, 411003.Tel- 0240-2331013/2346321,9822794676 Fax- 0240-2346422Email — ropune@midcindia.org

Advantage Chakan

Chakan’s proximity and connectivity to places ofindustrial importance such as Mumbai, Thane, Pune,Satara, Raigad, Sangli amongst others give it a greatlocational advantage.

Chakan Industrial Area is classified as C region due towhich industries enjoy relatively higher fiscal incentives asper industrial policy 2013.

Pune, which is only 32 km from the site is one of themost important DMIC nodes and the Chakan’s proximityto Pune means that there will be huge industrialdevelopment at Indapur as the DMIC project movestowards completion.

Chakan’s proximity to Pune and its central location inMaharashtra gives industries at Chakan, an easy access toa large vendor base.

Chakan is only 122 km and 147 Km from JNPT and MBPTvia the 6 lane Mumbai-Pune Expressway. The expressway,has introduced new levels of speed and safety inautomobile transportation to Indian roads.

The Pune International Airport is only 28 Km form thesite. The Airport is served by several major airlineservice providers such as Air India, GoAir, Jet Airways,Lufthansa, IndiGo, SpiceJet, and many others

Chakan’s proximity and excellent connectivity to Mumbaiand Pune make world class social infrastructure easilyaccessible to companies present at the Indapur industrialarea.

The Pune railway station is only 33 Km from the ChakanIndustrial Area. The station is a major head for freighttransport in Maharashtra.

INDUSTRIAL ESTATE PROFILE

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Site Connectivity

INDUSTRIAL ESTATE PROFILE

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§ The industrial area is located on State Highway 55

§ The 6 lane Mumbai-Pune Expressway connects thesite to Mumbai, the financial capital of India

§ The site is connected to Pune via the NationalHighway 50

§ Chakan is only 28 Km from the Pune InternationalAirport

§ The Mumbai International Airport is only 143 km viathe Mumbai-Pune Expressway from the site. It is thesecond busiest airport in the country, and wasranked 48th busiest airport in world by AirportsCouncil International in 2013.

§ The industrial area is only 33 Km from the PuneRailway Station.

§ Pune is well linked to the entire country by thisstation.

§ The station is also a major head for freighttransport.

§ Chakan is only 122 km and 147 Km from JNPT andMBPT via the 6 lane Mumbai-Pune Expressway

§ Jawaharlal Nehru Port (JNPT) & Mumbai Port(MBPT) are two of the largest ports in India and arelocated in Maharashtra. Together they account for22.45% of the total traffic at all major ports in India.

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EVENTS

4th GLOBAL ECONOMIC SUMMIT 2014

§ The 4th Global Economic Summit 2014, a first of its kind initiative undertaken byWorld Trade Centre Mumbai and All India Association of Industries, in its fourthedition, invited distinguished business leaders, bankers, academicians and technocrats toshare business insights and trends in Asia and its role in powering global markets. TheSummit was held over a period of three days – from 11th September to 13th September2014.

§ Shri Bhushan Gagrani (IAS), Chief Executive Officer – Maharashtra IndustrialDevelopment Corporation (MIDC) was invited to commence the second day’s eventsat the Global Economic Summit 2014.

§ “Maharashtra is the second largest province of India. It is home to Mumbai – theeconomic and commercial capital of the nation. Maharashtra is the favoured investmentdestination of the country with conducive business environment and ready availability ofland, power, water, connectivity and skilled labour. We invite domestic and foreigninvestors to invest in the rapidly growing state of the nation. MIDC promises tosupport investors willing to set up base in Maharashtra,” said Shri Bhushan Gagrani,during the second day deliberations of the Global Economic Summit on Asia

§ At the event, Shri Gagrani also presented an AV film that showcased the strengths ofthe State and key initiatives taken for developing the business ecosystem inMaharashtra.

Shri Bhushan Gagrani (IAS) , CEO – MIDC beingfelicitated by Shri Vijay Kalantri

Shri Bhushan Gagrani (IAS), CEO – MIDCpresenting the Magnetic Maharashtra AV film

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EVENTS

8th ASIAN TEXTILE CONFERENCE

§ The 8th Asian Textile Conference – ATEXCON was held on September 22-23 at HotelWestin, Mumbai, India. The annual event was organised by the Confederation of IndianTextile Industry (CITI) and aimed to focus upon enhancing export competitiveness oftextiles and clothing through regional corporation.

§ Every year, ATEXCON brings together the lead players of Asian textile industry, theirglobal input suppliers and service providers to deliberate on capacity building, innovationsin technology, trade & business opportunities and other regional as well as global issuesconcerning this sector.

§ Dr. P. Anbalagan (IAS), Joint Chief Executive Officer – Maharashtra IndustrialDevelopment Corporation (MIDC) was invited to share key insights on the currentscenario of the textile industry in Maharashtra.

§ At the event, Dr. Anbalagan (IAS) delivered a well detailed presentation that elucidatedthe high impact initiatives undertaken by the Maharashtra Industrial DevelopmentCorporation and the Government of Maharashtra to boost the Textile sector in the state;which include development of textile parks in the state and a major capacity expansion ofCETPs (Common Effluent Treatment Plants) across the state.

§ Dr. Anbalagan (IAS) also explained various fiscal incentives available to textile industries inthe state under the Maharashtra Industrial Policy 2013-18 and the Maharashtra TextilePolicy 2011-17 and how these incentives have benefited the textile companies in the state.

Dr. P. Anbalagan (IAS) giving the presentation onMaharashtra’s Textile Scenario, at the 8th Asian

Textile Conference

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GROWTH STORIES

TATA MOTORS – DEFENCE SOLUTIONS

§ Tata Motors has been a strategic partner of the Indian Armed Forcesfrom as early as the year 1958.

§ The company’s mobility-solutions portfolio has grown from strengthto strength to include all classes from light to heavy vehicles acrossthe entire defence, paramilitary and police mobility spectrum.

§ Today, Tata Motors proudly partners in enhancing defence,paramilitary and police mobility in the SAARC and ASEAN regionsand Africa.

§ Tata’s plant at Pune unit is spread over two geographical regions-Pimpri (800 acres) and Chinchwad (130 acres).

§ Tata’s Light Specialist Vehicle (LSV), Tata Light Armoured Vehicle,Armoured Safari and Mine Protected Vehicle are manufactured at itsPune plant.

TATA Motor’s` plant in Pune

Tata Mine Protected Vehicle Tata Light Armoured Troop Carrier

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KEY UPDATES

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§ As per data from the Centre for Monitoring Indian Economy, Maharashtra has been ranked as one of the leading states in the nation for the secondconsecutive quarter with completion of investments worth INR 57.7 billion.

§ Over 50%of these investments were in the manufacturing sector.

§ Another INR 25.8 billion investments were completed in the services sector, of which INR 17.3 billion belonged to the transport segment.

§ Road infrastructure in Mumbai got a major boost with completion of the INR 17 billion Sion Panvel Expressway.

MAHARASHTRA - ONE OF THE LEADING STATES IN TERMS OF COMPLETION OF INVESTMENTPROJECTS

Ministry of Environment & Forests, Government of IndiaS.O.2319(E) [dated 11.09.2014] - Comments invited on the draft notification

§ The Ministry of Environment & Forests, Government of India has invited comments and suggestions for the draft notification issued - S.O.2319(E)[dated 11.09.2014] - that concerns the amendments to be made to existing environmental norms. Any person interested in making any objection orsuggestion on the proposals contained in the draft notification may do so in writing within a period of 60 days from the date on which copies of theGazette of India containing this notification are made available to the public.

§ Please refer to the below link to read the draft notification - http://envfor.nic.in/sites/default/files/SO2319(E)_Draft.pdf

§ For more information, visit - http://envfor.nic.in/

FE

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Dear Shri Gagrani,

I have been regularly receiving MahaConnect but writing to you for the first time.Indeed it’s a commendable effort to keep us updated on a regularbasis about the developments in Maharashtra.

Regards,Jagdish PatankarPublisher, Spectrum PublicationsCo-Founder, Nutra India Summit, EDGE ForumMD, MM Activ Sci-Tech Communications

For Feedback, write to us at:E-mail: feedback@midcindia.orgContact us:Maharashtra Industrial Development CorporationUdyog Sarathi Mahakali Caves Road,Andheri(E),Mumbai-400 093.Phone: 91-022-26870052 / 54 / 73,Fax: 91-022-26871587,E-mail: mahaconnect@midcindia.org

DisclaimerMaharashtra Industrial Development Corporation (“MIDC”) has engaged Ernst & Young LLP. (“EY") to prepare this document and the same has been prepared by EY in consultation with MIDC. This document is for information purposes only. While due care has beentaken during the compilation of this document to ensure that the information is accurate to the best of EY's knowledge and belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice. EY does not assume any liability orresponsibility to any person for the outcome of decisions taken by such person as a result of any reliance placed on this presentation. EY shall not be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to anyreliance placed or guidance taken from any portion of this presentation.© 2014All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by MIDC and the Authors. The same may not be reproduced, wholly or in part in any material form (including photocopying or storing it in any medium byelectronic means and whether or not transiently or incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of MIDC

Maharashtra Industrial Development Corporation Knowledge Partner

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