Agenda for Approval Committee meeting for Private SEZs to be held on 20.12.2023 — 01-festus-sez

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. FESTUS PROPERTIES PRIVATE LIMITED.

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

DATE : Wednesday, 20th December, 2023.

TIME : 11:30 A.M.

Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M/s. Festus Properties Private Limited – SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Wednesday, 20th December, 2023.

INDEX

Agenda Item No.

Subject

Agenda Item No. 01 : - Confirmation of minutes of the meeting held on 06.10.2023.

Agenda Item No. 02 : - Application for Additional list of Services required for Authorized Operations- M/s. Festus Properties Pvt. Ltd.- SEZ (Developer)

Minutes o65th Meeting othe Approval Committee or Sector Specific Special Economic Zone o M/s. Festus Properties Pvt. Ltd. - SEZ, at Powai, Mumbai, under the Chairmanship o Development Commissioner, SEEPZ-SEZ held on 06.10.2023 through Video Conerencing.

1. Name othe SEZ
:
M/s. Festus Properties Pvt. Ltd.
2. Sector
:
IT/ITES
3. Meeting no
:
65th
4. Date
:
06.10.2023
Members Present:
Sr.
No.
Name o
Members
Designation
Organization
1
Shri. C. P. S.
Chauhan
Jt. Development
Commissioner,
SEEPZ-SEZ.
2
Shri. Leider
Panicker
Joint Commissioner
Income Tax
Nominee oIncome Tax ofice, Mumbai.
3
Shri. G.K. Mishra
Deputy Director DGFT
Nominee othe DGFT, Mumbai.
4
Smt. Kirti
Deshmukh
Deputy Director
Industries
Nominee oDirectorate oIndustries,
Mumbai.
5
Smt. Sunita
Jagtap
Superintendent o
Customs
Nominee oCommissioner oCustoms,
General, Air Cargo, Sahar.
Special Invitee:-
Shri. R.K. Jain
:
Specified Oficer, Festus-SEZ.
Shri. Hanish Rathi, ADC (New SEZ), Shri. Palash Shankar, ADC, (New SEZ); Shri
Manish Kumar, ADC (New SEZ); Smt. Bridget Joe, EA to Development Commissioner (SEEPZ-
SEZ), Smt. Rekha Nair Assistant, Shri G.S. Bhandari Assistant, Shri. Ravindra Kumar, Assistant
and Rajesh Kumar UDC also attended or assistance and smooth unctioning othe meeting.
Agenda Item No. 01: Confirmation oMinutes othe 64th meeting held on 28.07.2023.
-----------------------------
The Minutes othe 64th Meeting held on 28.07.2023 were confirmed with consensus.
Agenda Item No. 02 : Application or setting up oNew Unit by M/s. Aptia Group India
File No.SEZ1-14011/1/2022-NS
235099/2023/NS
1117

Private Limited at M/s. Festus-SEZ or Inormation Technology and Inormation Technology
Enabled Services.
M/s. Aptia Group India Private Limited had applied or setting up oa new unit in
Festus-SEZ or Inormation Technology – Sotware Development, Application Development,
Enhancement in Existing Application/Sotware, Integration, Testing and maintenance and
development onew products and services and Inormation Technology Enabled services in the
nature oSupport Centres in an area admeasuring 14,126 sq.t., envisaging FOB value oexports
oRs. 268.33 Crore, FE outgo oRs. 6.58 Crore and NFE oRs. 261.75 Crore over a period o5
years with employment generation o140 nos. (105 Men & 35 Women).
Decision :- Ater deliberation, the Committee approved the proposal oM/s Aptia Group India
Private Limited or setting up oa new unit in Festus-SEZ or Inormation Technology – Sotware
Development,
Application
Development,
Enhancement
in
Existing
Application/Sotware,
Integration, Testing and maintenance and development onew products and services and
Inormation Technology Enabled services, in an area admeasuring area 14,126 sq.t., at Unit No.
102, 1st Floor, A-Wing, at Festus Properties Private Limited-SEZ, Kensington, Downtown Powai,
One South Avenue, Powai Mumbai, Maharashtra-400076 envisaging FOB value oexports oRs.
268.33 Crore, FE outgo oRs. 6.58 Crore and NFE oRs. 261.75 Crore over a period o5 years
with employment generation o140 nos. (105 Men & 35 Women).
Agenda Item No. 03 : M/s. Festus Properties Pvt. Ltd., (Developer) – Quarterly Progress
Report or the period April 2023 to June 2023.
The Quarterly Progress Report or the period April 2023 to June 2023 was submitted
by the Developer and verified by the Specified Oficer, Festus – SEZ vide letter dated 12.09.2023
stating that there was no discrepancy ound.
Decision:- Ater deliberations, the Committee noted the perormance oM/s. Festus Properties
Pvt. Ltd. (Developer) or the quarter April 2023 to June 2023 in terms oRule 12(6) and 22(4) o
SEZ Rules, 2006.
Agenda Item No. 04: Application or Addition olocation admeasuring area 109452 Sq. t. at
1201, 12th Floor, 1301, 13th Floor (Part), Kensington A Wing, Festus Properties Private
Limited-SEZ, at Downtown Powai, One South Avenue Powai, Mumbai-400076 with Capacity
Enhancement and revision in projection- L&T Energy Hydrocarbon Limited.
File No.SEZ1-14011/1/2022-NS
235099/2023/NS
1118

The unit requested or approval or Addition olocation oan area admeasuring
109452 Sq. t. at 1201, 12th Floor, 1301, 13th Floor (Part), Kensington A Wing, Festus Properties
Private Limited-SEZ, at Downtown Powai, One South Avenue Powai, Mumbai-400076 with
Capacity Enhancement and revision in projection as per details below :-
Revision in Projections:
•
Employment :
Sr. No
Item
Existing
Revised
1.
Employment
Men
Women
Men
Women
104
35
329
53
•
Exports and Investments :
(Rs. In
Crores)
Sr.
No.
Details
Approved
Projections
2020-21 to
2024-25
Existing 2 years approved
Projections 2023-24 &
2024-25
Proposed
Projections or 2
years
2023-24 & 2024-
25
1.
Investment- Plant and
Machinery
(i)
Indigenous
17.88
1.40
34.11
(ii)
Imported
1.07
0.35
4.99
Total Investment – Plant
and Machinery
18.95
1.75
39.11
2.
Import and Indigenous
requirement omaterial
and other inputs
(i)
Imported Capital Goods
1.07
0.35
4.99
(ii)
Indigenous Capital Goods
17.88
1.40
34.11
Total Capital Goods
18.95
1.75
39.11
3.
Services
(i)
Imported Services
0.00
0.00
33
(ii)
Indigenous Services
58.21
26.47
43.78
Total Services
58.21
26.47
76.78
4.
FOB Value oExports or 5
years
232.40
112
1185.48
5.
Foreign Exchange outgo or
5 years
1.07.00
0.35
37.99
File No.SEZ1-14011/1/2022-NS
235099/2023/NS
1119

235099/2023/NS
1120

Name of SEZ
Name of Unit 
Subject
Action Taken
M/s. Aptia Group 
India Private Limited 
Application for setting up of New Unit 
for Information Technology and 
Information Technology Enable 
Services at M/s. Festus SEZ
Approval letter 
issued to unit on 
01.11.2023
M/s. Festus Properties 
Pvt. Ltd. (Developer)
Quarterly Progress Report for the 
period April 2023 to June 2023.
Monitoring Noted
M/s. L&T Energy 
Hydrocarbon Limited
Application for Additon of location 
admeasuring area 109452 Sq. ft. at 
1201,12th Floor, 1301, 13th Floor (Part), 
Kensington A Wing, Festus Properties 
Pvt. Ltd. -SEZ, at Downtown Powai, 
One Sputh Avenue Powai, Mumbai-
400076 with Capacity Enhancment and 
revision in projection
Approval letter 
issued to unit on 
07.11.2023
Action taken for the UAC Meeting held on 06.10.2023
Festus - SEZ

GOVERNMENT OF INDIA
OFFICE OF THE DEVELOPMENT COMMISSIONER,
SEEPZ SPECIAL ECONOMIC ZONE,
ANDHERI (EAST), MUMBAI
**************
AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE
----------------
. Proposal: -
Application of M/s. Festus Properties Pvt. Ltd. – SEZ (Developer) for
Additional list of Service required for Authorized Operations
. Specific Issue on which decision of AC is required:
Additional List of Service required for authorized operations
Sr.
No.
Description of Service
Justification
1
Real
Estate
Agency
Service- Brokerage
Service required for in relation to leasing or renting to real
estate and includes a real estate consultant.
. Relevant Provisions:
Attention is invited to Instruction No. 79 “The approved list of services shall
ordinarily be permitted by UAC unless anything to the contrary is noticed. Other
services which are not included in the uniform list may be decided by UAC on
merit” read with Instruction No. 94 “DCs/UAC may expand the above list to
facilitate Units/Developers in their respective zones”.
. Other Information:
M/s. Festus Properties Private Limited – SEZ (Developer) has been
granted Formal Approval No. F.2/67/2006-SEZ dated 19.06.2006 of Special
Economic Zone for Multi sector at Hiranandani Business Park, Kensington
Building, Powai, Mumbai - 400076. The SEZ is notified vide Notification No.
S.O. 579 (E) dated 13.04.2007.
. ADC Recommendation:
The proposal of the Developer for Additional list of Service as per
File No.SEZ1-12/146/2022-NS

Instruction No. 79 dated 19.11.2013 read with Instruction No. 94 dated
08.05.2019
is
placed
before
the
Approval
Committee
Meeting
for
consideration.
**********************************
File No.SEZ1-12/146/2022-NS