|
Electronics
and Information Technology. These two industries are growing
the Fastest. Touching almost all aspects of our lives -
entertainment, education, business.
However, it's
just the beginning. As the world prepares to enter the new
millennium, one thing is certain. The electronics and the IT
industries will dominate our lives for generations to come.
All this
growth means that as an entrepreneur you can be sure to reap
huge profits if you are in IT. With India becoming another
Silicon Valley, the potential is unimaginable. The demand will
outstrip supply. It is therefore the right time and the right
place, if you don't want to get left behind.
TAKING A
QUANTUM LEAP TO THE NEXT MILLENNIUM
Puducherry.
Where the ancient heritage coexists with modern advancements.
Where the Indian essence is found with a French flavour. The
town that was the home of great personalities like sage
Agastya, Subramania Bharathi, Sri Aurobindo and the Mother.
Situated 160
kms south of Chennai, Puducherry now is all set to make the
quantum jump from being the French riviera of the east to
becoming another Silicon Valley.
It has all the
right ingredients:
•
Proximity to Chennai, with its domestic and international
airports and a port.
• A
highly developed industrial infrastructure
• A
friendly and supportive government
• A very
attractive package of incentives and concessions
• Highly
qualified manpower
The Electronic
Park is coming up at Thirubuvanai, on the Villupuram-Puducherry National Highway, 23 kms from
Puducherry town.
The categories
of plots being offered to entrepreneurs are:
|
Type |
Size
(Metres) |
|
`A' |
21 x 50 |
|
`B' |
18 x 36 |
|
`Need -
Based' |
as reqd. |
PONDY
TECHNOPOLIS - INFORMATION TECHNOLOGY PARK
uLocated
in the campus of Puducherry Engineering College which is
hardly 2 hours drive from Chennai Airport.
uExclusive
for Software development activities.
uThe
Phase-I already commenced in Oct’1999.
uVSNL
is giving Data Com facilities through 2 MB stream of OFC.
uThe
Phase-II is being setup in 18 acres of land.
uPlanning
to take up construction of multi-storeyed building with
total area of 1,00,000 sq.ft. at an estimated cost of
Rs.8.50 crores.
uAn
IB3 C-BAND Earth Station has been setup at a cost of Rs.5
crores in
association with Software Technology Parks of India to
provide High Speed Data Communication facility.
PACKAGE OF
INCENTIVES
Apart from
providing you the best infrastructural facilities, PIPDIC will
also provide you the following to help you take off.
• Term
Loans up to Rs.50 million for projects costing below
Rs.120 million
•
Uninterrupted power supply at lower rates.
• Full exemption from Income
Tax, Excise Duty and Sales Tax for 100% Export Oriented Units.
• Rate of Incentive for Small scale industries:-
50% of the cost of pollution control
machinery and equipment with a ceiling of Rs.5.00 lakhs per
unit.
• The Rate of Incentives for Medium and
Large scale industries
25% of the cost of pollution control
machinery and equipment with ceiling of Rs.5.00 lakhs per
unit.
For IT Related Industries:
Sales Tax Exemption
- 10 Years
Capital Subsidy
- 20 %
Subsidy on Leased Line Rentral - 50 %
Rate of Interest
- 0.5% less
Tax on Land and Building
- Exempted
Stamp duty - exempted on loans given by PIPDIC
|
