7th indo us_economic_summit_2011
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The document summarizes the 7th Indo-US Economic Summit held in Punjab, India. It highlights the major initiatives and advantages of Punjab including infrastructure development, social sector initiatives, human resource development, and governance reforms. It also outlines the various business opportunities in Punjab's key industries such as IT, engineering, textiles, food processing, renewable energy, retail, and real estate. Major projects being undertaken in the state to promote these industries and attract investment are also summarized.
7th indo us_economic_summit_2011
- 1. 7th Indo- US Economic Summit Government of Punjab Session February 11, 2011
- 2. Content Advantage Punjab Major Initiatives Infrastructure Social Sector Human Resource Development Policy and Facilitation Governance Reforms Business Opportunities in Punjab Punjab Session 7th Indo US Summit l 2
- 4. Advantage Punjab Punjab First among equals First in State of the States Survey, 2010 : Infrastructure, Consumer Markets & Agriculture Best place for doing business in India : World Bank Study, 2009 Leading state in school infrastructure category :NUEPA 2009 Best State for transport network in India: NCAER, 2007 4th among 9 major States in PPP model investments Highest infrastructure index- 1.86 times the national average Punjab Session 7th Indo US Summit l 4
- 6. Infrastructure I. Power II. Air Connectivity III. Road Transport IV. Urban Planning V. Industrial Parks Punjab Session 7th Indo US Summit l 6
- 7. Major Initiatives Infrastructure Power Making Punjab a Power surplus State in 2 Years 9220 MW is being added with investment of US$ 9 Billion Tapping unconventional & renewable source of Energy : Total capacity of 830 MW being created Power Projects being commissioned with players as NTPC, JVK, Larsen & Tourbo, Sterlite Energy, India Bulls etc. Punjab Session 7th Indo US Summit l 7
- 8. Major Initiatives Infrastructure Air Connectivity International Airports in State Amritsar Mohali International Flights to Commence in 2011 Domestic Airports Amritsar Mohali Pathankot Bathinda Ludhiana Punjab Session 7th Indo US Summit l 8
- 9. Major Initiatives Infrastructure Road Transport Major Towns and Cities to be connected by 4/6 lane roads 6 lane Shambhu-Rajpura-Jalandhar Expressway Under construction- Completion by 2012 4 lane Jalandhar-Amritsar Highway Completed 4 lane Chandigarh-Ludhiana-Moga-Ferozepur Expressway Completion by 2013 4 lane Chandigarh-Patiala-Sangrur-Barnala- Bathinda Expressway Completion by 2013 Jalandhar-Pathankot Expressway Under construction - Completion by 2011 Amritsar-Pathankot Expressway Under construction - Completion by 2013 Punjab Session 7th Indo US Summit l 9
- 10. Major Initiatives Infrastructure Urban Planning Master Plans for Major cities notified Master Plans of other cities in pipeline Punjab Session 7th Indo US Summit l 10
- 11. Major Initiatives Infrastructure Industrial Parks I. TechKnow Park, Ropar II. Industrial Park, Kapurthala III. Global Industrial & Knowledge City, Rajpura IV. IT City, Mohali V. IT Park, Sneta VI. IT Investment Region, Punjab Punjab Session 7th Indo US Summit l 11
- 12. Major Initiatives Industrial Parks TechKnow Park, Ropar Spread over 289 acres in close proximity to IIT Ropar IIT, Ropar Promote technological innovation and knowledge based industry by facilitating close linkages between industry-academia Punjab Session 7th Indo US Summit l 12
- 13. Major Initiatives Industrial Parks TechKnow Park, Ropar Inter Institutional linkages Role for government to lay down an adequate policy Government 1 Academia framework and funding schemes to enable academic spin -offs Government Government to earmark area for establishment of centres 2 Industry of excellence that are funded by industry Partner especially in the area of R&D where the academia 3 Academia Industry provides manpower to industry funded research labs Punjab Session 7th Indo US Summit l 13
- 14. Major Initiatives Industrial Parks Industrial Park at Kapurthala 220 acres of mixed use Industrial Park 46.8 acres of park being developed for IT Close to Jalandhar, a major education hub Tier 2 City, potential location for IT/BPO Industry IT Park, Sneta Punjab Session 7th Indo US Summit l 14
- 15. Major Initiatives Industrial Parks Global Industrial & Knowledge City Rajpura 1400 acre of Industrial park close to NH1 and NH64 Sector Focus: IT/ ITeS Agro Processing Textile and Apparel Light Engineering Master Planning being done by consortium of E & Y-Halcrow To develop as Indias leading Integrated Industrial & Knowledge Ecosystem for sustainable economic development Punjab Session 7th Indo US Summit l 15
- 16. Major Initiatives Industrial Parks IT City Mohali Coming up in 1900 acres area in the new sectors close to international airport Aerocity Mohali: A huge success Land use distribution 45% IT Industry 45% Residential 10% Commercial IT City, Mohali Punjab Session 7th Indo US Summit l 16
- 17. Major Initiatives Industrial Parks IT Park at Sneta 44 acres of strategically located IT Park in Mohali Located in the hub of Upcoming Real Estate with well developed access. Part of IT Investment Region IT Park, Sneta Punjab Session 7th Indo US Summit l 17
- 18. Major Initiatives Industrial Parks IT Investment Region (ITIR) Punjab GOI's approved ITIR policy ITIR is specifically delineated investment regions with the minimum area of 40 sq. km planned for the establishment of IT/ITeS and EHM units along with associated services and infrastructure Site within Greater Mohali identified as the ITIR region Detailed Project Report being worked upon by consortium of E&Y-Halcrow Punjab Session 7th Indo US Summit l 18
- 19. Major Initiatives Industrial Parks Biotech Park of Punjab Biotech Park at Knowledge City, Mohali to promote biotech industry in agri, food, pharma, energy & allied sectors. The Park will be set up in public-private partnership with: Anchor Tenant Facility for large & medium scale companies. Built-to-Suit Sites for small-scale industry. Multi-tenanted Facilities for start-up companies. Common facilities and utilities. Punjab Session 7th Indo US Summit l 19
- 20. Major Initiatives Industrial Parks Punjabs Apparel Park APPEAL* - PSIEC** establishing a 100 acre Punjab Apparel Park at Doraha Distt, Ludhiana Would have about 115 industrial plots of different sizes Expected to generate direct employment to over 22,500 workers Generate goods worth Rs. 325 cr * Apparel Exporters Association of Ludhiana ** Punjab Small Industries & Export Corporation Punjab Session 7th Indo US Summit l 20
- 21. Social Sector I. Healthcare II. Hospitality III. Tourism Punjab Session 7th Indo US Summit l 21
- 22. Major Initiatives -- Social Sector Healthcare Top Hospital Chains of International repute investing in Punjab Medical city project - Fortis Healthcare in Mohali Super Specialty Hospitals by MAX Health Care Cancer Hospital at Mohali Cardiac and Cancer Hospital at Bathinda Medicity in close proximity to Chandigarh Punjab Session 7th Indo US Summit l 22
- 23. Major Initiatives -- Social Sector Hospitality 5 Star & Luxury Hotel projects under development: Taj Group Radisson Group Blue Coast JW Marriot Hotel-cum-convention centre with 300 rooms and 5,000 seating capacity proposed at Mohali Punjab Session 7th Indo US Summit l 23
- 24. Major Initiatives -- Social Sector Tourism Implementation of Tourism Development Master Plan 2008-2023 by UNWTO Mega Tourism Project for development of Amritsar city Initiatives in Tourism such as Eco Tourism Projects, Farm tourism and up gradation of Roadside Eateries Punjab Session 7th Indo US Summit l 24
- 25. Human Resource Development I. Setting up of Institutions of Excellence and Higher Learning II. Skill Development Punjab Session 7th Indo US Summit l 25
- 26. Major Initiatives - Human Resource Development Institutions of Excellence & Higher Learning Knowledge City Mohali Indian Institute of Science Education & Research (IISER ) Indian School of Business Indian School of Business (ISB ) Indian Institute of Nano Science Technology (IINST) National Agri-Food Biotechnology Institute (NABI ) Establishment of Indian Institute of Technology (IIT) at Ropar Indian Institute of Technology (IIT), Ropar Punjab Session 7th Indo US Summit 26
- 27. Major Initiatives - Human Resource Development Institutions of Excellence & Higher Learning PTU spearheading growth of technical education with 300 affiliate colleges and a strength of 2.5 lakh students Private Universities making a mark Lovely Professional University DAV University Jalandhar Chitkara University, Patiala IIIT being set up in the State l Punjab Session 7th Indo US Summil 27
- 28. Major Initiatives - Human Resource Development Skill Development Initiatives Punjab Technical University Initiatives PTU-IBM joint initiative for Centers of Excellence PTU- Wipro Mission 10X PTU-TiE-Punjab Infotech-STPI Incubation Centres PTU-CII Industrial Training Initiative Punjab Session 7th Indo US Summit l 28
- 29. Major Initiatives - Human Resource Development Skill Development Initiatives National level Benchmarking for Engineering and non- engineering students through NAC , NACTech An initiative of DoHE-Punjab Infotech for upgrading communication and other soft skills of students Offers domain specific courses in IT/ ITeS, Retail and BFSI Hardware, Software and Networking courses to enhance the employability of the youth Self employment and enable sustainable wage employment Punjab Session 7th Indo US Summit l 29
- 30. Major Initiatives Ushering Governance Reforms Punjab Governance Reforms Commission constituted To bring about radical improvement in the administrative efficiency and quality of services being delivered to the public by redesigning the systems, procedures and institutions. Key Departments for Reforms are : Revenue Police Transport Health Local Government Secretariat & Administration Punjab Session 7th Indo US Summit I 30
- 31. Major Initiatives Ushering Governance Reforms Governance Reforms initiatives Department of Revenue Land Records computerized Registration of documents streamlined with no requirement -of Pre audit. Department of Police Community Policing Suwidha Centres Department of Health Ambulance & Paramedic Care with Confidence (Fleet of more than 150 Hi- Tech ambulances) Punjab Session 7th Indo US Summit l 31
- 32. Major Initiatives Ushering Governance Reforms Governance Reforms initiatives Department of Local Government Solid Waste Management Street Lighting e- Governance Department of Transport Outsourcing the services Facility of on line Challans Other Major Key Reforms Self Declaration in lieu of Affidavits e-Filing of VAT returns / e- Tendering Online Payment of Utility bills Punjab Session 7th Indo US Summit l 32
- 33. Business Opportunities in Punjab
- 34. Business opportunities in Punjab I. IT / Knowledge Industry II. Engineering Sector III. Textile & Apparel Industry IV. Food Processing V. Non Conventional and Renewable Power VI. Retail Industry VII. Real Estate Punjab Session 7th Indo US Summit l 34
- 35. Business opportunities in Punjab IT / Knowledge Industry Mohali- Punjabs Key IT Cluster Current Scenario 355 units registered with STPI Mohali Ion Solutions IDS Export of Rs. 1,196 cr in 2009-10 Infotech Year on Year Growth STPI Mohali IT Park Sector 67,MOHALI CAGR 23.28% Seasia Competent Consulting Synergies Intelenet Impact Dell Quark City Campus Source : STPI Mohali, Government of Punjab ELTOP IT Park, MOHALI Punjab Session 7th Indo US Summit l 35
- 36. Business opportunities in Punjab Light Engineering Sector Contributes 21% of total exports of the State Growth in States total exports at CAGR of 22% in 200-2009 Sub-sectors Bicycles : State tops in bicycle industry Ludhiana, Patiala and Rajpura Sewing Machines : Ludhiana and Bassi Pathana Agriculture Implements & Machine tools: Batala, Ludhiana, Jalandhar, Phagwara & Amritsar Tractors and Combines : Mohali and Bhadson Punjab Session 7th Indo US Summit l 36
- 37. Business opportunities in Punjab Textile & Apparel Accounts for 41% of the total exports from the State 2nd largest producer of cotton and blended yarn 3rd largest producer of mill-made fabrics in India Ludhiana is often dubbed as the Manchester of India Contributes over 35% to the manufacturing output of the State Punjab Session 7th Indo US Summit l 37
- 38. Business opportunities in Punjab Food Processing Abundant raw material, traditionally known as the Food Basket of India Access to large domestic market of North India including NCR Established contract farming practices in the State Research Support to agriculture through Agriculture Research Institutes in the State Supportive policy of the State Punjab Session 7th Indo US Summit l 38
- 39. Business opportunities in Punjab Retail Industry Due to higher disposable incomes, retail and entertainment have been emerging as large investment areas Investment Opportunities in: Mega Shopping Malls Food Plazas Multiplexes Amusement Parks Supply Chain Management Wholesale organised Markets Punjab Session 7th Indo US Summit l 39
- 40. Business opportunities in Punjab Non Conventional and Renewable Power Supportive government policy and state focus on renewable energy production PEDA nodal Agency for implementation of States NRSE Policy Opportunities in Co-Generation Biomass/ Agro waster power generation Solar power Urban-industrial liquid/solid waster Wind power Power generation Punjab Session 7th Indo US Summit l 40
- 41. Business opportunities in Punjab Real Estate Total investments of more than US$ 7 Billion made by Indias leading developers in several large projects across the state 34% urbanisation - Underlying opportunity for Real Estate Developers Major Retail Estate Developers in State are DLF, IREO Group, Emaar MGF, Omaxe, TDI , Ansals, Unitech etc . Punjab Session 7th Indo US Summit l 41
- 42. Business opportunities in Punjab Other Areas for Business Interest Infrastructure (roads, bridges) Schools, Colleges & Universities Transportation Punjab Session 7th Indo US Summit l 42
- 43. Business opportunities in Punjab Hassle Excellent free dealing with Govt Industrial Business Environment Facilitation Creation of land banks Perfect Favorable Industrial Business Policy Environment Progressive Initiatives Excellent Human Capital Entrepreneurial Spirit Punjab Session 7th Indo US Summit l 43
- 44. A New PPP Initiative Prosperity by Partnering with Punjab Punjab Session 7th Indo US Summit l 44
- 45. Feedback & Suggestions Punjab Session 7th Indo US Summit l 45