#1INVEST PUNJAB BUSINESS FIRST Invest Punjab, 2nd Floor, Udyog Bhawan, Sector -17, Chandigarh, 160017 Punjab, India Email: [email protected] | Website: www.investpunjab.gov.in Follow us on fin पंजाब सरकार सत्यमेव जयते GOVT. OF PUNJAB POPH BIN INVEST PUNJAB BUSINESS FIRST 20. REASONS TO INVEST IN PUNJAB#201 FAVOURABLE INVESTMENT CLIMATE 대 02#303 INVESTORS ARE SUPPORTED THROUGHOUT THEIR BUSINESS LIFECYCLE 1. EASIEST PLACE TO START & OPERATE BUSINESS EXPLORATION • Project Feasibility Proposal (including cost benefit analysis, analysis of recovery of FCI etc.) STARTING A BUSINESS • Land identification facilitation Department consultations Invest Punjab - A Unified Regulator with 23 Depts present at One Office • 40+ services/clearances across 12+ Departments are provided in a time bound manner online through Invest Punjab-Business First Portal GIS mapping of 49 Industrial Focal points SETTING UP A BUSINESS OPERATING A BUSINESS • Online land allotment White & Green category industries exempted from PPCB approvals Single Joint site inspection for granting construction permits Power connection in 15 days at industrial focal points • Central Inspection System - No inspection without intimation Joint inspections for Labour, Boilers & Pollution Longer validity for licenses & permissions INVEST✓ PUNJAB BUSINESS FIRST Dedicated Relationship Manger Continuous Handholding & Aftercare 04#405 % of population in the working age group 15-59 years in Punjab is 65 vs India's 62 Equitable Policies for Residents and Migrants 2. PEACEFUL AND YOUTHFUL HUMAN CAPITAL BOLD REFORMS 24x7 Shifts allowed across Genders in both Manufacturing & Service sectors PEACEFUL LABOUR No Lockouts No Strikes Flexibility In Hiring Punjab Most Peaceful State* - Kerala 62 Maharashtra 42 Punjab 40 Delhi 33 Haryana 38 Tamil Nadu 37 Gujarat 35 Interstate Migrant Policy Index 2019 (IMPEX 2019) Punjab ranks well across all indicators of the index like labour policies, child welfare, housing, social welfare, education, health, sanitation & political participation. Source: *Crime in India 2017, NCRB; India Migration Now 06#507 Employment Subsidy of up to * 48,000/employee/year for 5 years • Irrespective of Domicile No Cap on no. of Employees Not linked to FCI 3. SUBSIDIZING YOUR COST OF DOING BUSINESS Competitive Wages 9,232 per month MOST INCENTIVES ARE ON EXEMPTION BASIS Effective Wages 5.232 per month 100% Exemption from Electricity Duty for 10 years 100% Exemption from Stamp Duty and CLU/EDC charges 100% Exemption from Property Tax for 10 years and many more incentives... 08#609 4. BEST GST INCENTIVE: RECOVERY OF UP TO 200% of FCI Tax Reimbursement (Net GST) on pan India sales (not limited to sales within the State) Net GST includes SGST, CGST and IGST Recovery up to 15 years Fixed Capital Investment (FCI) includes cost of land Minimum Annual Incentive Assurance Policy allows recovery of 2.5% of FCI even if there is inverted tax structure INVEST✓ PUNJAB BUSINESS FIRST 10#711 5. EASE OF LIVING: 3rd ON HUMAN DEVELOPMENT INDEX Average life expectancy at birth 72 PUNJAB 68 NATIONAL AVERAGE In Top 5 States in density of colleges & universities in India. Punjab Ranks 3rd highest in no. of students from foreign countries. Ranked 2nd on Health Index by GoI. BEST EDUCATION INSTITUTES IIMaga ISB BEST HEALTHCARE FACILITIES MAX it Fortis Apollo HEALTHCARE Ivy Hospital BEST HOSPITALITY BRANDS TAJ RAMADA HYALT JW MARS OTT Radisson L Park Plaza wwww'I BEST RECREATIONAL FACILITIES Wave Mall Bestech Square Mall Trilium Mall Pavilion Mall AMITY LOVELY ACHESSIONAL UNIVERSITY SPS CCPITALD INDUS H Holiday Inn Oberoi SAROVAR LLL IL RI! G Furmet Hill IMPERIAL *Source: Census 2011; SBI on HDI 2017; AISHE 2018-19 Report & ESAG 2018, MHRD, Gol 12#813 6. SAFEST PLACE TO DO BUSINESS Rate of Cognizable Crimes (2017) Haryana Tamil Nadu Gujarat Madhya Pradesh Maharashtra 525 478.6 383.4 Percentage Share of State for Cognizable Crime in India (2017) 802.9 Uttar Pradesh 602.6 Maharashtra Tamil Nadu Madhya Pradesh 12 9.3 8.4 7.6 Gujarat 6.7 4.9 Bihar 4.7 4.5 3.9 3.7 Rajasthan TT Telangana Chhatisgarh Rajasthan Karnataka 358.7 344.3 330.7 291.7 283.9 269.6 Odisha 242 Punjab 239.9 Andhra Pradesh Uttar Pradesh Haryana West Bengal Karnataka Andhra Pradesh Telangana 3 2.7 Odisha 2.1 Chhatisgarh 1.8 Punjab 1.4 RECORDED LOWEST SHARE OF COGNIZABLE CRIME AMONGST MAJOR INDUSTRIALIZED STATES OF INDIA *Source: As per NCRB 2017 14#915 Ranked 3rd on Governance & Political Stability in India by NCAER in 2018 Overall Rank Rank based on % share of environment clearance related stalled projects Rank based on No. of Political leaders with serious criminal charges 7. EFFECTIVE GOVERNANCE BACKED BY POLITICAL STABILITY 1. Tamil Nadu 1. Assam & Delhi 2. Haryana 3. PUNJAB 4. Gujarat 5. Madhya Pradesh 2. Telangana 3. Haryana 1. Haryana 4. PUNJAB 2. Chhattisgarh 3. Rajasthan 4. PUNJAB✔ 5. Uttarakhand 5. Kerala INVEST PUNJAB BUSINESS FIRST *Source: NCAER State Investment Potential Index 2018 16#1017 8. EASE OF ACCESS TO FINANCE CREDIT PENETRATION High Above Average Below Average Low There is a high tendency for people in Punjab to invest in business/entrepreneurial activity. This is also visible from the high access to credit (no. of loan accounts, no. of micro-finance loans etc.) in the State One of the Highest Branch Penetrations across India (Punjab has ease of access to financial services for its citizens) *Source: As per CRISIL Inclusix 2018 18#1119 SMART ENABLING INDUSTRIAL INFRASTRUCTURE 20#1221 9. RANKED 2nd IN EASE OF LOGISTICS IN INDIA Ludhiana Punjab DEDICATED FREIGHT CORRIDORS (DFCs) [Eastern & Western] (Intersection Point - Dadri) LOGISTICS INFRASTRUCTURE MULTIMODAL LOGISTICS PARKS, Ludhiana • Adani Logistics Ltd. • Hind Terminal Pvt. Ltd. (Sharaf Group, UAE) • Punjab Logistics Infrastructure Ltd (PLIL) LAND & RAILWAY PORT Amritsar Rajasthan New Delhi UP AKIC Gujarat Mumbai Maharashtra 8. Dankuni West Bengal DFCS POTENTIAL: Increase in Max Speed from 46 to 62 Miles/Hr Increase in Load Capacity/Train from 5300 to 13000 tonnes 5 ICDs • Amritsar • Jalandhar • Ludhiana • Bathinda • Derabassi Reduction in Freight Cost By 33% Total of 13 Container Freight Stations/ Inland Container Depots Ranked 1st in India on Safety & Security of Cargo Movement *Source: LEADS (Logistics Ease Across Different States) Report by Ministry of Commerce & Industry, Gol 2019 22#1323 10. ROBUST TRANSPORT INFRASTRUCTURE ENABLING SEAMLESS CONNECTIVITY DIRECT FLIGHTS FROM AMRITSAR & MOHALI Sharjah (4 hours) | London (9 hours) | Tashkent (2.5 hours) Dubai (4 hours) | Birmingham (9 hours) | Doha (4.5 hours) Kuala Lumpur (6 hours) | Singapore (6 hours) AMRITSAR INTERNATIONAL AIRPORT 4 DOMESTIC AIRPORTS Jalandhar, Ludhiana, Bathinda, Pathankot MOHALI INTERNATIONAL AIRPORT XX • 2nd Highest Rail Density in India COMING SOON INTERNATIONAL AIRPORT@Ludhiana . 100% Road Connectivity • All Major Towns Connected with 4/6 Lane Highways Road Density 2 times Higher • than National Average Coming Soon: International Airport @ Ludhiana *Source: CMIE & RBI 24#1425 11. HIGH QUALITY POWER AT MOST COMPETITIVE RATES 15000 Total installed capacity of 13,432 MW Solar Energy 944 MW 22% surplus in energy availability during FY 2018-19 Low T&D losses due to state-of-the-art distribution system Punjab India Lowest Pendency of 10000 5000 0 THE ༈ བྷྲ། ཙྭ ཟྭ བྷཱ ༔ ༞ ༅ ༈ དྷཱ ༔ Peak Demand (MW) Peak Availability (MW) Month-wise power supply 2017-18 (in terms of peak) No Shortage even during peak demand 1-Mar Customer Complaints 14% 21% INR 5 per unit (variable cost) To all industries Lowest Across India Punjab has the 2nd highest per capita availability of power amongst all industrialized states of India at 1978.50 (kWh) *Source: Central Electricity Authority, Ministry of Power, Government of India; URJA (July 2019) 26#1527 12. PUNJAB: A DIGITAL ECONOMY Punjab is 1st in all states in terms of number of Internet Subscribers per 100 population. 70% of population uses Internet on phone Average Internet Download Speed (4G) 12Mbps PUNJAB 11Mbps NATIONAL AVERAGE Punjab Ranks amongst the Top 5 states in terms of connectivity of all villages to optical fiber net Tele-density (%) for Top 5 States in India 147.08 126 125.96 117.29 111.1 Himachal Punjab Kerala Tamil Nadu Karnataka Pradesh *Source: Department of Telecommunications, Ministry of Communications, Gol 28#1629 7 COMPETITIVE ECONOMIC ENVIRONMENT 30#1731 Per Capita Income of Punjab (INR 1,42,644 for 2017-18) is 24% higher than that of the national average (INR 1,14,958 for 2017-18) 13. HIGH CONSUMPTION POWER STRONG RURAL ECONOMY Punjab Ranks 1st in India in terms of Average Monthly Income for Agricultural Households (INR 23,133 per month per household) Punjab Ranks 1st for Average Monthly Consumption Expenditure per Household (INR 11,707 per month per household) % Population below Poverty Line (as per 2011 census) Punjab: 8.3% versus India: 21.9% *Source: MOSPI & Punjab Economic Survey 2018-19; NABARD; PRS India 32#1833 14. "MADE IN PUNJAB” A GLOBALLY COMPETITIVE BRAND Punjab has the 2nd Highest Export to GSDP Ratio in Northern India Competitiveness of Punjab Goods recognized worldwide USA Canada UKO Germany Netherlands Russia Ukraine Italy Iran China Japan Nepal Egypt Saudi Arabia UAE Bangladesh Vietnam Nigeria Kenya Indonesia Brazil Peru South Africa Chile Australia New Zealand EXPORTS TO 100+ Countries Wide Variety of Goods Exported across Continents Aarti International (Steel Products for Tesla Components) Vibracoustic (auto components to German Luxury Auto brands) Savi International (Rugby balls to Rugby World Cup 2019 in Japan) Hero Cycles (E-Bikes to Europe) | Trident Group (Home Textiles to USA) IOL Chemicals (Pharma products to South America) | Sonalika Tractors (Agri Machinery to Africa) *Source: DGCIS 35#1936 SECTORAL STRENGTHS 37#2038 15.Dott LEADER IN AGRI & FOOD PROCESSING SECTOR • Punjab has the highest Cropping Intensity amongst all states in India State wise Storage Capacity is 2nd highest at 201.43 Lakh Metric Tonnes • 3rd highest in terms of Cold Storage capacity with 660 facilities with 2155704 MT capacity ⚫ Punjab's Wheat Yield is higher than global wheat yield by 44% and Indian wheat yield by 58% • Punjab ranked 1st in Rice Yield in India 6th in India in export of Buffalo Meat Share of Agri & Food Processing sector in Manufacturing is 21% (against India- 8.8%) Food Bowl of India 1ST • Contribution to Central Grain Pool • Per Capita Milk Availability B ISCON BALAJI 2ND • Wheat Production Rice Production • Mandarin Orange (Kinnow) Production 3RD • Honey Production • Food Grain Production TOP BRANDS HAVE MADE PUNJAB THEIR HOME PEPSICO Coca-Cola CNCFFCO Nestle. FROZEN FOODS ITC Limited Godrej Tyson CREMICA Amul Punjab is among the largest producers of Guava, Musk Melon, ☑ Peach, Pear, Cabbage, Carrot, Cauliflower, Onion, Peas & Potato Cargill verka Allana DANONE HF Super Markfed Source: Directorate of Economics & Statistics, Ministry of Agriculture and Farmers Welfare, Gol, *KPMG analysis, MoFPI 39#2140 Ginning & Raw Material Spinning Weaving & Knitting Processing Apparel Production Ranked 2nd in Cotton & Blended Yarn Production • 12.83 lakh bales (170kg each), 3.68% of total production in • Ranked 3rd in India India in installed Spinning Capacity (8% of total) • Ranked 7th in India in cotton fabric production • Among the leading States with strong Knitting capacity Largest Textile Cluster in North India: Ludhiana • 95% of India's Woollen Knitwear Production • 65% of India's Hosiery Manufacturing • Ludhiana is one of the 8 clusters in India that dominate Knitwear Apparel production 16. EXISTENCE OF COMPLETE TEXTILE VALUE CHAIN TRIDENT GROUP Nahar Being different is normal PRESENCE OF LEADING TEXTILE INDUSTRIES Ver Sportking SHINGORA sive 1916 INTERNATIONAL CUSTOMERS (BRANDS) ACROSS VALUE CHAIN H&M ZABA Reebok A GAP DECATHLON Signature BLANKET OLD NAVY *Source: PIB; MOSPI; Invest India 41#2242 17. ENGINEERING IN OUR DNA Asia's Bicycle Hub • Accounts for 92% of India's total production of bicycle parts & 75% of bicycle production • Home to largest bicycle manufacturer Home to Precision Engineering Leader in Agri Machinery Manufacturing • 2nd biggest forging company in India • • No. 1 in country in machine & hand tools production Production of Hi-Tech engineering products: Special Alloy Steel with 1 PPM, 4K Linear Imager, Microvalve for Electric Propulsion Systems etc. North India accounts 52% of total India's tractor production out of which Punjab's contribution is 41% Punjab serves 2/3rd of total OEMs in farm equipment segment . SCL developed two kinds of Low Drop Out Regulators for use in fabrication of equipment on-board spacecraft rocket Chandrayaan - 2 SCL supplied > 100,000 units of Multiplexed Analog Signal Processor (MANAS) ASIC for use in high energy physics experiments (ALICE) at Large Hadron Collider (CERN- Geneva) TOP BRANDS HAVE MADE PUNJAB THEIR HOME- Mahindra SML ISUZU OHERO CYCLES AFREUDENBERG YANMAR INTER Gates AVON CONALIK INTERNATIONAL ROCKMAN CLAAS INDUSTRIES LTD. Gilard CDIL HH HELLA HAPPY FORGINGS PREET LIMITED FEDERAL MOGUL HEROECO 43#2344 18.0 STRONG ECOSYSTEM OF 200,000 MSMEs State Govt. is facilitating MSMEs across sectors for reduction in cost of doing business and increase in efficiency of production (i) Reducing Cost of Business Numerous attractive incentives for MSMEs are available under Punjab Industrial & Business Development Policy 2017. Govt. is working with financial institutions to facilitate easy access to finance For development of Common Facility Centre (CFC) (assistance of up to INR 15 crore), 23 clusters identified by GoP under the MSE- CDP Programme of GoI. Currently, 4 CFCs are under various stages of implementation in Punjab. (ii) Ease of Doing Business • Invest Punjab model has been extended to district level for MSMEs ● Make in Punjab Policy: • Goods manufactured in Punjab are preferred in Govt. Procurement MSE Facilitation Councils: Support for Resolution of Payment issues with Pan India Buyers. Constituted in 7 districts. 105 claims Worth INR 233 crore disposed off (since Nov 2018) (iii) Increasing Efficiency with Access to Technology • R&D Centers For Capacity Building of MSMEs R&D Centre for Bicycle and Sewing Machine (Ludhiana) • Auto Part and Hand Tool Institute (Ludhiana) . . Machine Tools Institute (Batala) AI-focused Centre of Excellence at IIT Ropar in partnership with National Chung Cheng University of Taiwan MSMEs in Punjab Growing to become Suppliers in Global Value Chain GS JAGDEV INTERNAT CHAL ENGINEERING SOLUTION PVT. LTD. Emson Jmpi J Coming Soon PUNJAB RIGHT TO BUSINESS ACT 2019 Starting a Business on Day 1 45 45#2446 WE COMMIT. WE DELIVER... & WE GROW TOGETHER 47#2548 19. PUNJAB: INVESTMENT DESTINATION OF GLOBAL INC. SELECT INTERNATIONAL PLAYERS PRESENT IN PUNJAB AMERICAS • Amazon ASIA & MIDDLE EAST • Coca Cola Emaar Fushida Honeywell Pepsi Isuzu Lulu • Schreiber Tyson Walmart Sharaf Think Gas Yanmar • EUROPE Congelados de Navarra • CLAAS • Danone Graepel • Freudenberg • Hella • Nestle Vibracoustic SELECT INTERNATIONAL FUNDS PRESENT IN PUNJAB SoftBank Blackstone Group Goldman Sachs LIGHTHOUSE MOTILAL OSWAL SAMARA APITAL omnivore SUMMIT PARTNERS kalaari SBICAP capital VENTURES LTD. 49#2650 20. *50,000 Cr. INVESTMENT GROUNDED UNDER CURRENT REGIME (2.5 yrs) INVEST✓ PUNJAB 13% LAND PURCHASED/ PROVISION MADE 19% SITE PERMISSIONS UNDER PROCESS 68% CONSTRUCTION/ PRODUCTION STAGE 000000 BUSINESS FIRST Manufacturing & Light Engineering Chemicals, Petrochemicals & Pharmaceuticals Education New & Renewable Sources of Energy Others *3,523 Cr. *8,300 Cr. *22,711 Cr. *5,727 Cr. *2,116 Cr. *8,027 Cr. COMMITMENT TO PROGRESS: NOT JUST A STATEMENT Agro & Food Processing 26% increase in Industrial Electricity Consumption in last 2 years 51#2752 INVEST PUNJAB STANDS COMMITTED TO AN EXPEDITED GROUNDING OF INVESTMENT: CASE ILLUSTRATION 'Varun Beverages' A FRANCHISE OF PepsiCo Operational Clearances / Construction Construction of Factory Permits Site Clearances Investment: INR 800 cr • Employment: 1850 Line of Activity: Dairy Beverages, Drinking Water, Carbonated Soft Drinks & Fruit Juices USP: Asia's 1st plant producing Carbonated Soft Drinks, Fruit Juice based Beverages & Milk based Beverages under one roof Proposal submitted at Invest Punjab 2nd Apr 2018 3rd Apr 2018 Forest NOC issued 6th Apr 2018 Consent To Establish issued 12th Apr 2018 Change of Land Use NOC issued 17th Apr 2018 Temporary Power Connection granted 9th May 2018 22nd May 2018 Certificate of Registration (Contract Labour) issued Boiler Permission granted 22nd May 2018 Building Plan approved 14th Feb 2019 26th Feb 2019 Fire NOC issued Regular Electricity load released Feb 2019 ... and within 10 months - PLANT READY FOR PRODUCTION!! 53#28*Though all efforts have been made to ensure the accuracy and currency of the content of this collateral the Government of Punjab (along with the Knowledge Partner) does not assume any legal liability, whether direct or indirect or responsibility for the accuracy, completeness or usefulness of this information. 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