#1INVEST INDIA NATIONAL INVESTMEN PROMOTION & FACILITATION AGENCY INVEST INDIA EXCLUSIVE INVESTMENT FORUM PRESENTATION BY MAHARASHTRA 1#2State Overview The biggest and the most attractive investment destination in India with robust policies, mature infrastructure and skilled manpower. $ UU 3rd largest exporter of textiles and apparels in the country; Biggest exporter of Cotton with global export share of 2.8%. Textiles and apparel contribute 7% in Maharashtra's overall exports. Maharashtra contribution in India's Textile output and GVA Stood at 7.6% and 3.5%, respectively. Maharashtra contribution in India's Apparel output and GVA Stood at 8% and 5.2%, respectively. 970+ Industrial Training Institutes, 920+ Engineering Institutions & it is supplying high quality manpower INVEST INDIA HATCH PRESTUENT PR I 13% Share of India's industrial output 30-35%. Mumbai's share in India's total production of knitted apparels (HS61) 15% Share of India's GDP Maharashtra 22% Value addition share in total output of apparels in Maharashtra Sources: Maharashtra's Economic Survey 2019-20; MOSPI National Accounts Statistics; DPIIT FDI Statistics; Asian Development Bank 2016 14% Share of India's textiles and apparels exports 01#3Textile and Apparel Capabilities Sector Highlights Apparel Industrial production recorded at 7.7% growth during 2014-15 and 2018-19. 3026 textile projects created by attracting USD 2.85 billion investments and employing more than 0.3 mn people during Textile Policy 2011-17. State exported textiles and apparels worth USD 4.8 bn to 202 countries during 2018-19. Key Textile Clusters Cotton fabric Cluster . Terry Towel Cluster · . Ichalkaranji Garments Kolhapur Textiles Sangli RMG Cluster • • Shirpur Textile Cluster Yeola Paithani Saree Malegaon Powerloom Textiles Navapur Textile Cluster Nagpur RMG Cluster Focus sub-sectors/products • Raw Cotton · Bed Sheets & Covers • Cotton T-shirts Technical textiles • Apparels made from woven textile fabrics Embroidery fabrics Key Incentives/Schemes for Sector New Industrial Policy 2019: Incentives up to 100% of FCI with stamp duty and electricity duty exemption. Maharashtra Textile policy 2018-2023: Subsidy of USD 1.2 mn or 9% of project cost for textile parks. Capital subsidy - up to 40% to technical textile, processing, hosiery and garment units. Addl. up to 20% for projects in Vidarbha, Marathwada and North Maharashtra regions Additional 10% capital subsidy for vegetable dyeing as well as producing and using non-conventional yarn. Addl. subsidy of 5% to USD 71.5 mn or more value projects. Central Govt. TUFS: Capital Investment Subsidy: 15% | Additional subsidy: 10% | Interest reimbursement: 5%. Existing Major Textile and Apparel Players Raymond Indo Count HANUNG INDO FAB INDUSTRIES ALOK Toys and Textiles Ltd. D&B BRFL INDUSTRIES LIMITED INDUSTRIES LTD Spentex Industries Limited SURYALAKSHMI Whaving a dream of a glorious future BOMBAY DYEINGE T KSL Aryal Enterprise MORARJEE TEXTILES Ltd. Siyarams MANDHANA a whirlpool of ideas! INDIAN RAYON VIMAL ADIIYA BIRLA GROUP KKCL Nagreeka® KEWAL HINAN CLOTHING LIMITIO GROUP INVEST INDIA KALAH UNIKACIKOLON XHEN IN * at Rs/USD=70 Man-made staple fibres ROOPAM ENTERINGEN HYOSUNG GTN INDUSTRIES BIRLA COTSYN (INDIA)LTD Soma Textiles & Industries Ltd. ZODIAC Sources: Maharashtra's Economic Survey 2019-20; Textile Policy 2018-2023; Invest India; Maharashtra's Industrial Profile 2017-18; DGCIS Database UZ#4Textile and Apparel Capabilities Incentive Structure for Ultra Mega Scale: Fixed Capital Investment (FCI) > 4000 | Incentive limit 100% | Availing Period 20 Y Incentive Structure for Mega Scale Incentive Structure for Large Scale 2500 15 15 2000 2000 >1500 1500 10 1500 1000 500 15 >1000 1000 >750 750 >500 50% 60% 70% 0 A&B C D+ 16 1200 15 15 14 1000 1000 12 800 >750 7 10 9 9 8 7 7 7 110 750 600 >500 500 400 400 41 300 500 >350 >250 31 250 350 >200 >150 21 200 >100 21 >100 80% 100% 110% 25% 40% 60% 70% 80% 100% 0 VMRSD No Ind, LWE, A&B с D+ VMRSD No Ind, LWE, Asp dt 100% I Min Investment (INR cr) Employment (in No.) Exempted throughout Eligibility period Ceiling of Incentives as % FCI Availing Period Asp dt Stamp Duty E. 50% 100% Stamp Duty E. BT and IT manufacturer Elec Duty E. EOU, IT&BT manufacturer Min Investment (INR cr) Employment (in No.) Ceiling of Incentives as % FCI Electricty duty Exemption INVEST INDIA KALAH UNIKACIKOLON 02 12#5Maharashtra | Investment In Industrial Infrastructure | Robust footprint of textile parks and ports performance 14 Textile Parks at Hinghanghat (Wardha), Basmat (Hingoli), Latur (Latur), Shirpur, Dhule & Degaon (Dhule), Bhivandi (Thane), Baramati (Pune), Islampur (Sangli) and Ichalkaranji (Kolhapur). New Mega Parks at Amravati, Beed, Nanded, Parbhani, Buldhana, Aurangabad, Yavatmal, Jalgaon, Nashik, Malegaon, Nandurbar. Garment Clusters with Plug & Play facilities planned at Bhiwandi, Tarapur, Amravati, Malegaon and Kolhapur 631 units functioning in these 14 textile parks with total employment of 25,576. 25% of the India's textile and apparel exports are channeled through Nhava Sheva Sea Port (JNPT), Maharashtra. INVEST INDIA HATCH PRESTEET PROTO I Strong processing capabilities to strengthen Global Value Chain 0.7% share in global imports of textiles and apparels during 2016-18. During 2019-20, there were 188 spinning & 36 composite textile mills with installed capacity of 4.9 mn spindles and 43,863 rotors. During 2018-19, estimated production of cotton yarn was 306 mn kg. During 2018-19, estimated production of Silk was 3230 MT. There are more than 40 textile clusters and 8 garments clusters under Maharashtra State Industries Cluster Development Programme (MSI-CDP). Sources: Maharashtra's Economic Survey 2019-20; Textile Policy 2018-2023; DGCIS Database; *Rs/USD=70 Comprehensive associated schemes Electricity - A budget provision of USD 114 mn is accounted for subsidy for 2020-21 to Textile manufacturing units with Power subsidy of up to USD 0.05 per unit of power consumption Created a Textile Development Fund for essential infrastructure needs of the textile industry. For academic support "State Textile University" to be setup for specialized courses in the focused sectors. 03#6Maharashtra | Investment In Industrial Infrastructure Siyarams INVEST INDIA EAT PRESTETT - About The Speaker RAMESH PODDAR, CMD, Siyaram Silk Mills Ltd Former President of Federation of All India Textile Manufacturers Association, Member of various religious institutions & charitable trusts About The Company Company is engaged in manufacturing & marketing Fabrics, Readymade garments, Furnishing & Yarn Dyeing Company size ($bn) / Revenue: $325 Mn Geographical footprint :- PAN India. Customer base :Europe, America, Far & Middle East Countries Employment generated in state :- 5000 approx R&D capability introduced to India :- Developed World Class Import Substitution Textile products inhouse. $ IIII · Incorporated in India in 1978 Company grew consistently since inception Invested: USD 90 Mn % Export: Working on expansion in export market capacity & product expansion: 90 Mn mtrs of Fabric, 50 Mn Garments, Products expansion as per Trends with own R&D Chief sector growth drivers: Large consumption base, favourable demography of youth population Enablers: Support in form of Financial & non Financial Incentives from Central & State Governments Growth Plans - To grow with make in India story consistently 04 4