Agenda for Approval Committee meeting for Private SEZs to be held on 01.11.2023 — 05-supplementary-mindspace-agenda

SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

SUPPLEMENTARY AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M/s. MINDSPACE BUSINESS PARKS PRIVATE LIMITED.

VENUE : Conference Hall, 2nd Floor, The Office of the Development
Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai.

DATE : Wednesday, 1st November, 2023.

TIME : 11:30 A.M.

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Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M/s. Mindspace Business Parks Private Limited - SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Wednesday, 1st November, 2023.

INDEX

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Agenda Item No.

Subject Agenda Item No. 01 : - Confirmation of minutes of the meeting held on 23.08.2023 Agenda Item No. 02 : - Approval w.r.t. Addition of location in the existing Letter of Approval area admeasuring to 41,826 Sq. ft at Unit NO. 701, 6th Office Level, 1 No. 9, Mindspace Special Economic Zone, Airoli Knowledge Park, Mumbai, Maharashtra-400708- M/s. Sutherland Global Services Pvt. Ltd.

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.  Sutherland  Global  Services  Private  Limited  at

Mindspace-SEZ for addition of location in the existing Letter of Approval to include area admeasuring to 41,826 Sq. ft at Unit No. 701, 6th office Floor, Building No. 9, Mindspace Business Parks Pvt. Ltd.-SEZ, Airoli Knowledge Park, Mumbai, Maharashtra India-400708.

b. Specific Issue on which decision of Approval Committee is required: -

        Addition of location in the existing Letter of Approval to include area

admeasuring to 41,826 Sq. ft at Unit No. 701, 6th office Floor, Building No. 9, Mindspace Business Parks Pvt. Ltd.-SEZ, Airoli Knowledge Park, Mumbai, Maharashtra India-400708.

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. Sutherland Global Services Private Limited 2 Present location Unit No. 701, 6 th office Level, Building No. 09, M/s. Mindspace Business Parks Pvt. Ltd.-SEZ, Thane-Belapur Road, Airoli, Navi Mumbai-400708. Total Area: 17,578 Sq. ft 3 . Item(s) of manufacture/services Back Office Operation including IT enabled Voice Services, Business Process Outsourcing & IT Enabled Services. 4 LOP No. & Date SEEPZ/NEW-SEZ/SERENE-THANE/

46/2014-15/10942 File No.SEZ1-12/27/2022-NS

. dated 044.09.2014 (Original LOA) 5 . Date of commencement of production 01.03.2015 6 . LOA Valid upto 28.02.2025 7 . Details/Documents submitted by the Unit

1. Copy of application filed online vide request no -422300316465
2. Consent letter issued by the developer for allotment of additional space of 24,248 sq ft.
3. Revised NFE projection up to FY 2024-25 in pursuant to the expansion.
4. Copy of LOA and renewal approval.
5. Copy of Board resolution.
6. Copy of the additional space floor Map.

The unit has stated vide ther letter dated 04.10.2023 as under: Reason for Current addition within same SEZ : The Unit has stated that based on their current business requirement they are intended to take additional space at Mindspace-Serene Properties Private Limited measuring 24,248 sq.ft. as part of their expansion plan. Existing and Revised Projections : The details w.r.t. the revised projections for Exports, Investments and Employment w.r.t. balance period of 2 year for addition of area existing LOA of the unit are as under: Revision in Projections: The details w.r.t. the revised projections for Exports, Investments and Employment of the unit are as under: a. Employment :

Sr. No Item Existing Projections Revised Projections 1. Employment Men Women Men Women 330 100 947 438

b. Exports and Investments :

                                                                    (Rs. In Crores) 

File No.SEZ1-12/27/2022-NS

Description Approved (existing) Projection For five years 2020-21 to 2024- 25 Approved (existing) Projection for 2 years i.e. 2023-24 to 2024-25 Proposed Projection for 2 years i.e. 2023-24 to 2024-25 FOB value of Exports 320.82 130.36 416.96 Foreign Exchange Outgo 7.80 1.20 66.00 NFE 313.02 129.16 350.96

c. Value of Raw Material :

Existing Proposed Investment Indigenous 2.22 187.29 Import 1128.00 2317.39

• Revised Area and Location:

Existing Location Proposed Location Proposed Post Addition Location Unit No. 701, 6 th office Level, Building No. 09, M/s. Mindspace Business Parks Pvt.

Ltd.-SEZ,

Thane- Belapur Road, Airoli, Navi Mumbai-400708. th office Level, Building No. 09, M/s. Mindspace Business Parks Pvt.

Ltd.-SEZ,

Thane- Belapur Road, Airoli, Navi Mumbai-400708. th

e. ADC Recommendation :-

• The application of the unit for addition of location in the existing Letter of th

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File No.SEZ1-12/27/2022-NS Unit No. 402, 5
Unit No. 701, 6 office Level, Unit No.402, 5th Office Level, Building No. 09, M/s. Mindspace
Business

Parks Pvt.
Ltd.-SEZ, Thane- Belapur
Road,

Airoli,

Navi Mumbai-400708. Approval to include area admeasuring to 41,826 Sq. ft at Unit No. 701, 6 office Floor, Unit No. 402, 5th Office Level, Building No. 9, Mindspace Business Parks Pvt. Ltd.-SEZ, Airoli Knowledge Park, Mumbai, Maharashtra India-400708 with revision in projections for 2years i.e. 2023-24 & 2024-25 is submitted to Approval Committee meeting for consideration in terms of Rule19(2) of SEZ Rules, 2006. Admeasuring Area – 41,826 Sq.ft 24,248 sq ft. 66,074 Sq.ft.