Agenda for Approval Committee meeting for Private SEZs to be held on 06.10.2023 — 04-ltimindtree-agenda

SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M/s. LTIMINDTREE LIMITED.

SOURCE : Video Conferencing through Cisco WEBEX application.

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DATE : Friday, 06th October, 2023. TIME : 11:30 A.M.

INDEX

Agenda Item No.

Subject Agenda Item No. 01 : - Confirmation of minutes of the meeting held on 28.07.2023. Agenda Item No. 02 : - Approval w.r.t. Addition of location to include additional area admeasuring to 2,22,851 Sq.ft located at 1st, 3rd, 4th, 9th, 10th, 11th & 12th floor, Mensa Campus, Survey No.52 and 142/4, Plot No. EL-200 Part, TTC Industrial area, Mahape, Village Mahape, Navi Mumbai, Maharashtra -400710 – M/s. LTIMindtree Limited.

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Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M/s. LTIMindtree Limited - SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Friday, 06th October, 2023.

Name of SEZ Name of Unit /SEZ Subject Action Taken M/s. LTIMindtree Limited Approval w.r.t. Providing space for Canteen / Food Court Operator in the processing area M/s. LTIMindtree Limited Approval w.r.t. provide space for Telecom Infrastructure in processing area Action taken for the UAC Meeting held on 28.07.2023 M/s. LTIMindtree Limited The detailed letter has been sent to MOC&I by Pune Cluster as on 06.09.2023

GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, MINISTRY OF COMMERCE & INDUSTRY, SEEPZ (SPECIAL ECONOMIC ZONE), MUMBAI

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal: -

            Application  of  M/s.  LTIMindtree  Limited at  LTIMindtree –  SEZ  for

additional location in the existing Letter of Approval with capacity enhancement and revision in projections at 1st (Tower 1 Partial), 3rd (Tower 1&2), 4th (Tower 1 Partial), 9th, 10th, 11th & 12th (Tower 1) Floor, Mensa Campus, Survey No.52 and 142/4, Plot No. EL-200 Part, TTC Industrial area, Mahape, Village Mahape, Navi Mumbai, Maharashtra -400710. b. Specific Issue on which decision of Approval Committee is required: -

            Addition of location admeasuring to 2,22,851 Sq. ft. at 1st (Tower 1 Partial),

3rd (Tower 1&2), 4th (Tower 1 Partial), 9th, 10th, 11th & 12th (Tower 1) Floor, Mensa Campus, Survey No.52 and 142/4, Plot No. EL-200 Part, TTC Industrial area, Mahape, Village Mahape, Navi Mumbai, Maharashtra -400710 with capacity enhancement and revision in projections. c. Relevant Provisions :- In terms of Rule 19(2) of SEZ Rules, 2006 states that – “Provided that the Approval Committee may also approve proposals for broad-banding, diversification, enhancement of capacity of production, change in the items of manufacture or services activity, if it meets the requirement of Rule 18”. d. Other Information:- 1 Name of the Unit M/s. LTIMindtree Limited 2 Present location 5th, 6th and 7th floor, Tower 2, Mensa Campus, Survey No. 52 and 142/4, Plot No. EL-200 Part, LTIMINDTREE Limited-SEZ, TTC Industrial Area, Mahape, Village- Mahape, Navi Mumbai, Maharashtra- 400710

Admeasuring Area – 88,017 Sq. ft 3 LOA No. & Date SEEPZ/NEWSEZ/LTI-SEZ/LTI/01/2022-23/04054 Dated: File No.SEZ1-12/8/2023-NS

23.03.2023 (Original LOA) 4 Items of Manufacture/Service Support

Centres,

Enhancement

in

Existing Application/Software, Information Technology Enabled Services in the nature of Remote Maintenance, Information Technology in the nature of Application Development, and Computer Software Services. 5 Date of Commencement of Production Yet to Commence. 6 LOA valid upto 22.03.2024. 7 Proposed addition of area 1st (Tower 1 Partial), 3rd (Tower 1&2), 4th (Tower 1 Partial), 9th, 10th, 11th & 12th (Tower 1) Floor, Mensa Campus, Survey No.52 and 142/4, Plot No. EL-200 Part, TTC Industrial area, Mahape, Village Mahape, Navi Mumbai, Maharashtra -400710.

Admeasuring Area – 2,22,851 Sq.ft. 8 Whether copy of No Objection Certificate/ No Dues Certificate from the Developer is submitted or not?

No. The unit is yet to commence its operation and requesting for additional location. 9 Whether copy of No Dues Certificate from the Specified Officer is submitted or not? NA. 10 Whether the unit has submitted

the

revised projection in respect of additional location. Yes. The unit has stated that “there will be revision in projection for Exports, Investment and Employment etc”. 11 Documents/Details submitted by Unit a. Form F3 for additional location filed through SEZ Online system. b. Letter of Intent signed with Developer of SEZ for proposed additional location; c. Revised foreign exchange balance sheet for next five years; d. Copy of Letters of Approval; e. Copy of Form F submitted during New Unit application; f. Copy of board resolution; g. List of Imported and Indigenous Capital Goods.

File No.SEZ1-12/8/2023-NS

The unit has stated vide ther letter dated 10.07.2023 as under: Reason for Addition: a. The Unit has stated that considering the future business prospect, feasibility of their employees, their management has decided to expand the above referred current SEZ unit and start consolidating operations. b. They have decided to partially shift their operations, they would ensure that their NFE will remain positive.

Revision in Projections: The details w.r.t. the revised projections for Exports, Investments and Employment of the unit are as under: • Employment :

Sr. No Item Existing Projections Revised Projections 1. Employment Men Women Men Women 870 580 1940 1932

• Exports and Investments :

                                                                                   (Rs. In Crores)

Sr. No. Details Existing Approved Projection for 5 years Proposed Projections for 5 years on addition of location

Investment- Plant and Machinery

(i) Indigenous 15.73 33.46 (ii) Imported 24.42 51.94

Total Investment – Plant and Machinery 40.15 85.41 2. Import and Indigenous requirement of material and other inputs

(i) Imported Capital Goods 24.42 51.94 (ii) Indigenous Capital Goods 15.73 33.46

Total Capital Goods 40.15 85.41 3. Services

(i) Imported Services 37.44 79.36 (ii) Indigenous Services 111.99 237.42

Total Services 149.43 316.78 4. FOB Value of Exports for 5 years 1247.84 2645.43 5. Foreign Exchange outgo for 5 years 61.86 131.31 6. Net Foreign Exchange Earnings for 5 years 1185.99 2514.13 • Revised Area and Location:

File No.SEZ1-12/8/2023-NS

The details of existing and revised area of operations are as under Existing Location

&
Admeasuring Area Proposed Location

&
Admeasuring Area Proposed Post Addition Location

& Admeasuring Area

5th, 6th and 7th floor, Tower 2, Mensa Campus, Survey No. 52 and 142/4, Plot No. EL- 200 Part, LTIMINDTREE Limited-SEZ, TTC Industrial Area,

Mahape, Village- Mahape, Navi Mumbai, Maharashtra- 400710.

1st (Tower 1 Partial), 3rd (Tower 1&2), 4th (Tower 1 Partial), 9th, 10th, 11th & 12th (Tower 1) Floor, Mensa Campus, Survey No.52 and 142/4, Plot No. EL-200 Part, TTC Industrial area, Mahape, Village Mahape, Navi Mumbai, Maharashtra -400710.

1st (Tower 1 Partial), 3rd (Tower 1&2), 4th (Tower 1 Partial), 9th, 10th, 11th & 12th (Tower 1) Floor and 5th, 6th and 7th floor, Tower 2, Mensa Campus, Survey No. 52 and 142/4, Plot No. EL-200 Part, LTIMINDTREE Limited-SEZ, TTC Industrial Area, Mahape, Village- Mahape,

Navi

Mumbai, Maharashtra- 400710. Admeasuring Area – 88,017 Sq. ft Admeasuring Area – 2,22,851 Sq.ft. Admeasuring Area – 3,10,868 Sq.ft. (88017 Sq.ft. + 2,22,851 Sq.ft.)

Observations : It is to mention here that the Unit was granted LOA no. SEEPZ/NEWSEZ/LTI- SEZ/LTI/01/2022-23/04054 dated: 23.03.2023 and has not commenced its operation from the existing location, instead requesting for additional location. Hence Unit to confirm as to when they would commence their operations. e. ADC Recommendation :-

The application of the unit for Addition of location i.e. admeasuring area 2,22,851 Sq. ft located at 1st (Tower 1 Partial), 3rd (Tower 1&2), 4th (Tower 1 Partial), 9th, 10th, 11th & 12th (Tower 1) Floor, Mensa Campus, Survey No.52 and 142/4, Plot No. EL-200 Part, TTC Industrial area, Mahape, Village Mahape, Navi Mumbai, Maharashtra -400710, with capacity enhancement and revision in projections is submitted to Approval Committee meeting for consideration in terms of Rule19(2) of SEZ Rules, 2006.

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File No.SEZ1-12/8/2023-NS