Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 17-January 2025. — 04-3-manjri-stud-farm-sez
SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.
AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF M/S. MANJRI STUD FARMS. -SEZ
Via Video Conferencing
DATE : 17.01.2025
TIME : 11:00 A.M.
MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE, UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 17.01.2025
INDEX
Agenda Item No.
Subject
Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 11.12.2024 Agenda Item No. 02: - Action taken report for the Minutes of the meeting held on 11.12.2024 Agenda Item No. 03: - Approval for Setting up of New unit submitted by M/s. WNS BPM Americas LLC Agenda Item No. 04: - Application for approval of addition of location and Revision in projection Submitted by M/s. WNS Global Services Pvt. Ltd Agenda Item No. 04: - Monitoring of Performance for M/s. TAS India Pvt Ltd. Agenda Item No. 05: - Monitoring of Performance for M/s. Nectar Infotel Solutions Pvt Ltd.
मे मेससस म ांजरी स्टड फ मस-एसईजेड,, एसईजेड, पुणे, आईटी/आईटीईएस
विशेष
विवशष्ट
सेक्टर
के क्षेत्र
आवथसक
, क जोनल विक स आयुक्त की अध्यक्षत में, सीप्झ एसईजेड, मुांबई में वि 11.12.2024
को आयोवजत 101 िी अनुमोिन सवमवत की बैठक क क यसिृत्त।
1
एसईजेड क न म
मे मेससस म ांजरी स्टड फ मस-एसईजेड, एसईजेड
2
सेक्टर
आईटी
/
आईटीईएस
3
बैठक क्रम ांक
101 िी
4
त रीख
11.12.2024
उपस्थित सदस्य
क्रम ांक न. न म और पिन म (एस/श्री.)
विभ ग
1
श्रीमती वमतल विरेमठ
सांयुक्त विक स आयुक्त पुणे
पुणे क्लस्टर एसईजेड, पुणे
2
श्री सांजीि प वटल, उद्योग अविक री
मि र ष्टर सरक र से न वमत
3
श्रीमती पुष्प गांग िणे,
एफटीडीओ
पुणे डीजीएफटी विभ ग से न वमत
4
श्रीमती मनीष वबनॉय,
सीम शुल्क अिीक्षक
सीम शुल्क विभ ग पुणे न वमत
विशेष आमंवित
क्रम ांक न. न म और पिन म (एस/श्री.)
विभ ग 1 श्री शभू िय ल मीन , विविवदिष्ट अविकारी सीप़्-एसई़ेड, पुणे क्लस्टर
एजेंडा विषय क्र 01 : वद 05.07.2024 को आयोवजत 100िीं बैठक के कायिृत्त की पुवष्ट । विच र-विमशस के ब ि, सवमवत ने 05.07.2024 को आयोवजत 100 िीां अनुमोिन सवमवत की बैठक के क यसिृत्त की पुवष्ट की।
एजेंडा विषय क्र 02: 05.07.2024 को आयोवजत 100िीं बैठक के कायिृत्त के विए की गई कारििाई ररपोर्ि ।
विच र-विमशस के ब ि, सवमवत ने 05.07.2024 को आयोवजत बैठक के वलए की गई क रसि ई ररपोटस नोट की िै।
एजेंडा विषय क्र 03: मेससि िोडाफोि इंवडया सवििसेज प्राइिेर् विवमर्ेड का मॉविर्ररंग ऑफ़ परफॉमिन्स
विच र-विमशस के ब ि, सवमवत ने एसईजेड वनयम, 2006 के वनयम 54 के अनुस र, पिले ब्लॉक अिवि के 5 िषस
अथ सत वित्त िषस 2019-20 से वित्त िषस 2023-24 तक के वलए यूवनट के परफॉमेंस को नोट वकय ।
➢ यूवनट ने पिले ब्लॉक अिवि के प ाँचिे िषस अथ सत वित्त िषस 2023-24 में सांचयी आि र पर 1361.85
करोड़ रुपये के अनुम वनत वनय सत के मुक बले 1723.12 करोड़ रुपये क वनय सत ि वसल वकय िै।
➢ यूवनट ने वित्त िषस 2023-24 में सांचयी आि र सक र त्मक एन.एफ.ई 1713.19 करोड़ रुपये (नेट वििेशी मूल्य (ि वसल वकय िै। ➢ यूवनट ने 3736 कमसच ररयोां (पुरुष-2647, मविल -1089( को रोजग र विय िै।
एजेंडा आइर्म िंबर 03: मेससि एक्सेंचर सॉल्यूशंस प्राइिेर् विवमर्ेड का मॉविर्ररंग ऑफ़ परफॉमिन्स
विच र-विमशस के ब ि, सवमवत ने एसईजेड वनयम, 2006 के वनयम 54 के अनुस र, िुसरे ब्लॉक अिवि के 1 िषस
अथ सत वित्त िषस 2023-24 तक के वलए यूवनट के परफॉमेंस को नोट वकय ।
➢ यूवनट ने िुसरे ब्लॉक अिवि के चौथे िषस अथ सत वित्त िषस 2023-24 में सांचयी आि र पर 349.11
करोड़ रुपये के अनुम वनत वनय सत के मुक बले 820.59 करोड़ रुपये क वनय सत ि वसल वकय िै।
➢ यूवनट ने वित्त िषस 2023-24 में सांचयी आि र सक र त्मक एन.एफ.ई 3397.18 करोड़ रुपये (नेट
वििेशी मूल्य (ि वसल वकय िै।
➢ यूवनट ने 3270 कमसच ररयोां (पुरुष-1593, मविल -1677( को रोजग र विय िै।
अध्यक्ष को िन्यि ि ज्ञ पन के स थ बैठक सम प्त हुई।
Minutes of the 101th Meeting of the Approval Committee meeting held under the
Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector
Specific Special Economic Zone for IT/ITES of M/s. The Manjri Stud Farm-SEZ,
Pune held on 11.12.2024.
1
Name of the SEZ
M/s. The Manjri Stud Farm Pvt. Ltd.-SEZ
2
Sector
IT/ITES
3
Meeting No.
101th
4
Date
11.12.2024
Members present
Sr Name and Designation (S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Shri Sanjeev Patil, industries Officer
Nominee of Govt. of Maharashtra 3 Smt. Pushpa Gangawane, FTDO Nominee of DGFT, Pune 4 Smt. Manisha Binoy Superintendent Nominee of Customs, Pune Special Invitee
Sr Name and Designation Department 1 Shri Shabhu Dayal Meena, Specified Officer SEEPZ-SEZ, Pune Cluster
Agenda Item No. 01: Confirmation of the Minutes of the 100th Meeting held on 05.07.2024 After deliberation, the Committee confirmed the minutes of the 100th Approval Committee meeting held on 05.07.2024.
Agenda Item No. 02: Action taken report for the Minutes of the 100th meeting held on 05.07.2024
After deliberation, the Committee has noted the Action taken report for the meeting held on 05.07.2024.
Agenda Item No. 03: Monitoring of Performance for M/s. Vodafone India Services Pvt Ltd.
After deliberation, the committee noted the performance of the unit for FY 2019-20 to FY 2023-24 i.e. 5 year of 1st Block Period in terms of Rule 54 of SEZ Rules, 2006.
➢ The Unit has achieved export revenue of Rs. 1723.12 Crores as against projected
export of Rs. 1361.85 Crores in the 1st Block period i.e. FY 2023-24.
➢ The unit has achieved positive NFE of Rs. 1713.19 Crores in 5th year of 1st block
period on cumulative basis.
➢ The unit has achieved employment of 3736 employees (Men-2647, Women-1089).
Agenda Item No. 03: Monitoring of Performance for M/s. Accenture Solutions Pvt Ltd.
After deliberation, the committee noted the performance of the unit for FY 2023-24 i.e. 4th year of 2nd Block Period in terms of Rule 54 of SEZ Rules, 2006.
➢ The Unit has achieved export revenue of Rs. 820.59 Crores as against projected
export of Rs. 349.11 Crores in 4th year of the 2nd Block period i.e FY 2023-24.
➢ The unit has achieved positive NFE of Rs. 3397.18 Crores in 4th year of 2nd block
period on cumulative basis.
➢ The unit has achieved employment of 3270 employees (Men-1593, Women-1677).
Meeting ended with a vote of thanks to the Chair.
(ज्ञािेश्वर बी. पावर्ि, आईएएस) (Dnyaneshwar B. Patil, IAS) अध्यक्ष एिं विकास आयुक्त Chairman-cum- Development Commissioner
ACTION
TAKEN
REPORT
FOR
THE
APPROVAL
COMMITTEE MEETING HELD ON 11.12.2024 IN
RESPECT OF M/S. MANJRI STUD FARMS.
APPROVED ON 18.12.2024
Name of the unit
Subject
Action Taken
M/s. Vodafone
India Services
Pvt Ltd.
Monitoring
of
Performance
Approval
letter
issued
on
19.12.2024
M/s. Accenture
Solutions Pvt
Ltd.
Monitoring
of
Performance
Approval
letter
issued
on
19.12.2024
OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI
AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE
a. Proposal :
Proposal submitted by M/s WNS BPM Americas LLC. for setting up of IT/ITES Unit at The Manjri Stud
Farm Pvt Ltd -SEZ, Phursungi, Pune.
b. Specific Issue on which decision of AC is required: -
To consider the proposal for setting up of new unit at M/s. The Manjri Stud Farm Pvt Ltd –SEZ,
Phursungi, Pune in terms of Rule 17 & 18 of SEZ Rules, 2006.
c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :-
Rule 17 & 18 of SEZ Rules, 2006.
d. Other Information: -
FORMAT FOR NEW UNIT IN SEZ
COMPANY/UNIT PROFILE
I
Name and address,
telephone/fax/email ID
M/s. WNS BPM Americas LLC
Registered address:
16945, Northchase Drive suite 1200, Houston, Texas 77060
Proposed address:
Ground and part of 1st Floor, Building No 4B, The Manjri Stud Farm
Pvt Ltd- SEZ, SP Infocity, S. No-209, Pune-Saswad Road,
Phursungi, Pune-412308.
Telephone: - 91 20 68262400
e-mail address: - gaurav.petare@wns.com
Web-site: -www.wns.com
Status of the company i.e.
proprietorship/
partnership/individual and
statute under which
registered with
registration no. & year of
registration
Registration : Limited Liability Company
Date of issuance of CIN : NA
Financial capability of the Unit
Finance by the Parent company i.e. WNS Holding Ltd Cash and Cash Equivalents as per year (Rs.in Cr.) 2023-24 2022-23 734.11 1073.96 Reserves & Surplus (Rs.in Cr.) 2023-24 2022-23 842.99 7990.59
IEC No / date/ issued by NA Whether manufacturer / trader/ company warehouse/ Service provider Service Provider
II.
PROJECT PROFILE
i. Product to be
manufactured/
service to be
rendered
Sr. No.
Services
SAC/CPC
Authorized Operations
1
Information
Technology
Enabled
Services in the
nature of support
services.
998319/8790 Providing support services to various clients in terms of licensed mortgage lenders, Servicers/Sub servicers and mortgage brokers, collection activities of the various clients & Other Professional, technical and business services not elsewhere classified
(ii) Brief detail of the project
M/s. WNS BPM Americas LLC (WNS Americas) is a foreign Limited Liability Company was officially established in Delaware in the year 2023 which is engaged in Mortgage and Debt collection services intends to open a branch office in India. M/s WNS BPM Americas LLC have been delivering end to end Business process Management (BPM) services for leading mortgage services companies since 2005. M/s WNS BPM Americas LLC provides digital transformation which is underpinned by Robotic Process Automation (RPA) and intelligent automation, next generation suite of technology solutions, advanced analytics and in depth process knowledge. M/s WNS BPM Americas LLC provides multiple commercial models and customized solutions to support the Banking and Financial services (BFS) industry. Activities under Mortgage and Debt collection services: Loan set up and document indexing Mortgage processing Pre-underwriting Closing and funding support Routine loan servicing Default loan servicing Customer service Collections Pre-purchase audits Quality Assurance/control and due diligence M/s WNS BPM Americas LLC has set up SEZ unit operations from Magarpatta Township Development & Construction Company, Ltd- SEZ as a branch of the foreign company, on the company is getting additional similar business orders from various overseas customers hence they require additional manpower and space to accommodate the additional business requirements. Accordingly, the unit intends to invest Rs. 4.88 Cr with Projected Export of Rs. 37.98 Cr and Projected NFE of Rs. 35.36 Cr. along with the generating Employment of 200 employees within next 5 years. III PROJECTIONS, YEAR- WISE Investment and Details of Source of Finance
S. No. Plant & Machinery Rs. In Crores (a) Capital Goods – Indigenous 1.85 Capital Goods - Imported (CIF Value) 3.03 Total 4.88 (b) Details of Source(s) of finance:
a. From Parent Company 13.54 Total 13.54
Imported and Indigenous requirement of Materials and other outputs
(Rs. In Crores)
Import Indigenous (a) Capital Goods 3.03 1.85 (b) Raw Material, components, consumables, packing material, fuel etc. 0 0 (c) Input Services 0.79 9.64
Total 3.82 11.49
Requirement of Land/ built-up area (Area in Sq. Mtrs.)
i.
Registered Office
(Area admeasuring )
1490.91 Sq.Mtrs.
i.e. 16048.02 sq.ft.
ii.
Warehousing/ Storage
0
iii.
Others, Specify
0
Total employment Total 200 (Male -100 , Female – 100)
Foreign Exchange Balance Sheet (1st (Rs. In Crores)
1st 2nd 3rd 4th 5th Total FOB Value of Exports 7.2 7.56 7.94 8.33 8.75 39.78 FE outgo 2.1 0.78 0.50 0.51 0.53 4.24 NFE 5.1 6.78 7.44 7.82 8.22 35.36
Effluent Treatment Not applicable Whether Foreign Technology Agreement is Envisaged No. Rule Provision w.r.t. SEZ Rules, 2006
Rule 17 & 18 of SEZ Rules, 2006. Request of the company
To approve their proposal for setting up of new unit at The Manjri Stud Farm Pvt Ltd -SEZ, Phursungi, Pune 412308 Decision required for Approval Committee
To consider the proposal for setting up of new unit at The Manjri Stud Farm Pvt Ltd -SEZ, Phursungi, Pune 412308
ADC Observation
- Approval may be subject to the submission of the PAN Card, CIN, TAN, IEC,GST
- The unit has submitted the letter from HSBC Bank, confirming that, there is general permission to non-resident companies for establishing BO in SEZ to undertake manufacturing and service activities subject to the conditions that: i. Such branch offices are functioning in those sectors where 100% FDI is permitted ii. Such branch offices comply with Chapter XXII of the Companies Act, 2013 and iii. Such branch offices function on a stand-alone basis. The HSBC has confirmed that, in terms of extant regulation (i) no approval of AD Bank/ RBI shall be required by WNS BPM Americas LLC for establishing BO in SEZ subject to the compliance of above conditions as laid down and (ii) the requirement of Unique Identification Number and submission of Annual Activity Certificate is not applicable for set-up of such BO in SEZ.
- Approval Committee may kindly consider the proposal of M/s. WNS BPM Americas LLC, for setting up of new unit The Manjri Stud Farm Pvt Ltd -SEZ, Phursungi, Pune 412308 The Unit has submitted the following documents: i) Form F ii) Project Report and projected financials of the SEZ Unit for the five years iii) Demand Draft No 020025 dt 14.01.2025. iv) Copy of Certificate of incorporation of the Company and Copy of Limited Liability Agreement v) Balance Sheet of Holding Co. vi) Letter from Holding Co for Funding vii) Bank Details viii) List of Directors ix) Letter of office of space from the Developer x) Copy of Board Resolution xi) Declaration regarding No Chinese Investment involved in this project xii) Undertaking for Complying Pollution Control Norms xiii) Export order Confirmation Letter xiv) Undertaking for complying with all the regulatory and statutory requirements for the said unit. xv) List of Imported Capital goods xvi) List of indigenous Capital goods
e. ADC’s Recommendation: Approval Committee may kindly consider the proposal of M/s. WNS BPM Americas LLC. for setting up of new unit in The Manjri Stud Farm Pvt Ltd -SEZ.
OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI
AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE
a. Proposal :
Proposal dated 13.01.2025 submitted by M/s. WNS Global Services Pvt. Ltd, an IT/ITES unit located in
The Manjri Stud Farm Pvt. Ltd.- SEZ for Addition in area admeasuring 93636 Sq.ft. along with revision in
projections.
b. Specific Issue on which decision of AC is required: -
Approval of the Approval Committee for Addition of area admeasuring 93,636 Sq. Ft with Revision in
projection in terms of Rule 19(2) of SEZ Rules, 2006
c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :-
As per First Proviso to Rule 19(2) of SEZ Rules,2006
“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 service activity, if it meets
the requirements of rule 18”
d. Other Information: -
Location / area proposed to be added :
Existing address and
area
Area proposed to be added
Total area after addition
3rd and 4th Floor of Block 5C,
S.P Infocity S. No 209, Pune-
Saswad
Road,
Phursungi,
Pune, Maharashtra- 412308.
Ground Floor (53820 Sq. ft)
and part of the First Floor
(39,816 sq. ft) in Building 4B,
The Manjri Stud farm Pvt Ltd,
S.P Infocity S. No 209, Pune-
Saswad
Road,
Phursungi,
Pune, Maharashtra- 412308
3rd and 4th Floor of Block 5C,
Ground Floor and part of the
First Floor in Building 4B, S.P
Infocity S. No 209, Pune-
Saswad
Road,
Phursungi,
Pune, Maharashtra- 412308.
Admeasuring area of 84114
Sq. ft.
Admeasuring area of 93,636
Sq. ft.
Admeasuring
area
of
1,77,750 Sq. ft.
Projections of Investment and Employment: (Rs. In Crores)
Sr.No Item Existing Projection Total Revised Projection 1. Employment
TOTAL Men Women Men Women 671 453 1413 942 1124 2355 2. Investment-Plant and Machinery/Capital Goods (Rs. in Crores)
i. Indigenous Capital Goods 4.70 11.50 ii. Imported Capital Goods 8.00 20.05
Total 12.70 31.55 3. Services
i. Indigenous Services 180.70 222.46 ii. Imported Services 22.54 33.13
Total 203.24 255.76 Approved Projection: (Rs. In Crores)
2023-24 2024-25 2025-26 2026-27 2027-28 Total FOB value of Exports 245.59 214.20 224.91 236.15 247.96 1168.81 FE Outgo 0.94 8.80 9.17 9.57 9.98 38.45 NFE Earnings 244.65 205.40 215.74 226.58 237.98 1130.35 Proposed Revision of Projection : (Rs. In Crores)
2023-24 (Actual as per APR) 2024-25 2025-26 2025-26 2026-27 Total FOB value of Exports 245.59 214.20 392.91 412.56 433.18 1698.44 FE Outgo 0.94 16.50 18.95 16.20 16.91 69.50 NFE Earnings 244.65 197.70 373.96 396.36 416.27 1628.94 Proposal & Reason for Addition of Location: The unit has informed that they are getting additional business for the said SEZ unit for providing the services to their existing as well as new prospective overseas clients which will result in requirement of additional manpower and additional space for accommodating the additional work force for the said SEZ unit. The unit has also stated that the said incremental cost for expansion would be made available through internal reserves and surplus. Other Information: - M/s. WNS Global Services Pvt. Ltd, bearing LOA No NEW-SEZ/SPI-WNSGSPL/01/2018-19 dated 1.07.2018 located at 3rd and 4th Floor of Block 5C, S.P Infocity S. No 209, Pune- Saswad Road, Phursungi, Pune, Maharashtra- 412308 Date of Commencement: 08.10.2018 LOA is valid upto: 07.10.2028 The unit has submitted the following documents with the application: i. Form F3 for additional location filed through SEZ Online system. ii. Letter of offer signed with Developer of SEZ for proposed additional location; iii. Copy of LOA iv. Additional Floor Layout v. Revised Projection Report
vi. Copy of Board Resolutions vii. List of Imported and Indigenous Capital Goods. viii. Letter of Intent dated 09.01.2025 duly signed by Developer ix. Financial statement for FY 2021-22 to FY 2023-24 e. ADC’s Recommendation: Approval Committee may kindly consider the proposal submitted by the unit for addition of area to the existing operational area with revision in projection in terms of Rule 19(2) of SEZ Rules, 2006
Year Export F.E. OUTGO
Projected
Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2023-24 20.00 15.88 10.00
1.55 1.50 0.00 0.29 Total 20.00 15.88 1.55 0.00 0.29 OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI
AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE
a. Proposal :
Monitoring of the performance of M/s. TAS India Pvt. Ltd an IT/ITES Unit for 2nd year of 3rd block period
i.e., FY 2023-24
b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit FY 2023-24 of 3rd block period, in terms of Rule 54 of SEZ
Rules, 2006
c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :-
As per Rule 54 of SEZ Rules, 2006
“Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in
Annexure appended to these rules”.
d. Other Information: -
Approved Projections for 3rd Block Period (Rs in Crores)
2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB Value of Exports 19.00 20.00 21.00 22.00 23.00 105.00 FE Outgo 2.30 2.80 3.30 3.80 4.30 16.50 NFE 16.70 17.20 17.70 18.20 18.70 88.50 Achievement during 3rd Block period (Rs in Crores)
2022-23 FOB Value of Exports 4.37 FE Outgo 1.67 NFE 2.70 Performance as compared to projections: FY 2023-24. (Rs in Crores)
Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 16.70 82.49%
The Unit vide email dated13.01.2025 has submitted that due to delays in the project, their deliverables to customer were deferred. In view of the same they were unable to achieve to projected turnover in FY 2023-24. Cumulative NFE achieved: FY 2023-24 (Rs. In Crores)
Employment Achievement (Direct): FY 2023-24 Projected Achieved Male – 27 Female – 8 Total - 35 Male – 26 Female -7 Total –33 As on 31.03.2024 Other Information: Name of the Unit M/s TAS India Pvt Ltd. LOA No. & Date SEEPZ-SEZ/MSF-SEZ/TIPL/08/2011- 12/8598 dated 20.06.2012. Location of Unit Ground Floor, Bldg. No. 4, Block 4A, S.No.209, SP Infocity, Manjari Stud Farm Pvt Ltd, Pune-Saswad Road, Phursungi, Pune-412308 Validity of LOA 10.10.2027 Item(s) of manufacture/ Services IT/ITES and Manufacturing of Electronics remote telemetry unit Ethernet switches and networking and RTU Panels. Date of commencement of production 11.10.2012 Execution of BLUT 17.33 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement
Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA
a. No. of employees as on 31.03.2024 Male 26, Female -07, Total 33 Area allotted (in sq.ft.) 3152.80 Sq. Ft Area available for each employee per sq.ft. basis (area / no. of employees) 95.54 Sq. Ft. Investment till date
Building
Plant & Machinery 0.85 Crores Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise. If no, details of the Year along with no of days delayed to be given. Yes
Vide PUC, the Specified Officer had submitted a report vide letter dated 09.01.2025 for the FY 2023-24, in
the prescribed format along with point-wise reply to the discrepancies as follows: -
The report in the prescribed format is as under: -
Export (Rs. In
Crore)
Year/Period Figures as
per APR
Figures as per
Softex/SB /
Customs
Records
Difference if
any
(In Lakhs)
Reason for
Difference/Remark
(1)
(2)
(3)
(4)
(5)
2023-24
15.88
15.88
0
N.A.
Import
(Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP)
basis.
(Rs. In Crore)
Year/Period
Figures as
per APR
Figures as per
Customs Records
/ Bond Register
Difference if
any
Reason for
Difference/Remark
2023-24
0.00
0.00
0.00
NA
Import
Raw material (Rs. In Crore)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 2023-24 1.55 1.32 0.23 Service Import Invoice BLUT 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) Value of Additional BLUT executed TOTAL value of BLUT Executed : 17.33/- crs. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:.
Year wise Goods Imported & indigenous Services 2022-23 0.62 0.06 2023-24 1.14 0.17 Total 1.76 0.23
3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT. No, the unit has not procured goods/services without having sufficient balance in BLUT.
(d) Employment made as on date (as on end of block period / year upto which monitoring is being done). Male – 26, Female – 7 (e) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31-03-2022) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No foreign remittance pending beyond permissible period.
(f) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. All Softex has been filed for the said period.
NA.
(g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. All Softex have been certified for the monitoring period FY 2023-24. (h) Whether unit has filed any request for Cancellation of Softex No, the unit has not filed any request for the cancellation of Softex. (i) Whether any Services provided in DTA / SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided) No, the unit has not provided any services is DTA/SEZ against payment in INR. (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online.
(k) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged No, the unit has not cleared any capital goods procured duty free in DTA against payment of Duty.
(l) Is the unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated. No, the unit is not sharing any of their infrastructure with other units.
(m) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. Yes, all DSPF have been filed and same has been approved for the said monitoring period. (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof Yes, the unit has filed all DTA procurement during the monitoring period FY 2023-24. (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No request is pending for OOC.
(p) Has the unit set up any cafeteria / canteen / food court in unit premises. If yes, whether permission from UAC / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit has availed any duty paid goods / services for setting up such facility ? If yes, whether unit has discharged such duty / tax benefit availed ? details to be given including amount of duty / tax recovered or yet to be recovered No cafeteria in the unit.
(q) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring No.
e. ADC’s Recommendation: The Unit has achieved export revenue of Rs. 15.88 crores as against projected export of Rs. 20.00 crores in 2nd year (FY 2023-24) of the 3rd block period. The unit has also achieved a Positive NFE of Rs. 16.70 Crores on Cumulative basis i.e. 82.49% at the end of 2nd year (FY 2023-24) of 3rd Block period. As per the SO Report the unit has achieved employment of 33 employees (Men-26, women-07) in FY 2023-24. The Approval Committee may like to monitor the performance of the Unit for the 2nd year i.e. FY 2023-24 of 3rd Block Period in terms of Rule 54 of SEZ Rules, 2006.
Year Export F.E. OUTGO
Projected
Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2019-20 15.25 13.21 0.00 0.00 0.50 0.00 0.00 Total 15.25 13.21 0.00 0.00 0.50 0.00 0.00 OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI
AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE
a. Proposal :
Monitoring of the performance of M/s. Nectar Infotel Solutions Pvt Ltd. an IT/ITES unit located in The
Manjri Stud Farm Pvt Ltd -SEZ, Pune, for last year FY 2019-20 of 1st block and 3 years i:e FY 2020-21 to
FY 2022-23 of 2nd Block period.
b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for
i. 1 year of 1st Block Period i.e. FY 2019-20,
ii. 3 years of 2nd Block period for FY 2020-21 to FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006.
c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :-
As per Rule 54 of SEZ Rules, 2006
“Performance of the Unit shall be monitored by the Approval Committee as per
the guidelines given in Annexure appended to these rules”.
d. Other Information: -
Approved Projections
2015-16
2016-17 2017-18 2018-19 2019-20 Total FOB Export 3.23 3.88 4.53 5.18 15.25 32.07 FE Outgo 0.65 0.81 0.97 1.13 1.53 5.09 NFE 2.58 3.07 3.56 4.05 13.73 26.99
Performance as compared to projections:
(Rs. In Crores)
Year Export F.E. OUTGO
Projected
Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2020-21 14.57 16.50 0.00 0.00 1.00 0.00 0.00 2021-22 16.02 3.50 0.00 0.00 0.00 2022-23 17.63 2.01 0.00 0.00 0.00 Total 48.22 22.01
0.00 1.00 0.00 0.00
Cumulative NFE Achieved (Rs. In Cr.) Year Cumulative NFE achieved Cumulative NFE in % 2019-20 50.10 100% Approved export Projections for 2nd Block Period: (Rs. in Cr.)
2020-21 2021-22 2022-23 2023-24 2024-25 Total FOB Export 14.57 16.02 17.63 19.39 21.33 88.95 FE Outgo 0.00 0.00 0.00 0.00 0.00 0.00 NFE 14.57 16.02 17.63 19.39 21.33 88.95 Performance as compared to projections: (Rs. In Cr.)
Cumulative NFE Achieved (Rs. In Cr.)
Year Cumulative NFE achieved Cumulative NFE in % 2020-21 16.50 100% 2021-22 20.00 100% 2022-23 22.01 100%
Employment Projected Achieved
M - -100 F – 50 Total - 150 M – 24 F – 09 Total - 33 (Employment as on 31.03.2023
Other Information:
LOA No. & Date SEEPZ-SEZ/MSF-SEZ/NISPL/14/2015- 16/13843 Dated 25.08.2015 Location of Unit Office No 11, Ground Floor, Block 4A at Manjri Stud Farm Pvt Ltd, SP Infocity, Phursungi, Pune Validity of LOA
Item(s) of manufacture/ Services IT/ITES Date of commencement of production 01.11.2015 Execution of BLUT 0.94 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement Yes-14.11.2025 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA No. of employees as on FY 2022-23 33 (Men-24, Women- 09) Area allotted (in sq.ft.) 1493 Sq. ft. Area available for each employee per sq.ft. basis (area / no. of employees) 45.24 Sq. ft. Investment till date
Building 0 Plant & Machinery Rs.0 Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA
Whether all the APRs being considered now has been filed well within the time limit, or otherwise.
If no, details of the Year along with no of days delayed to be given.
No, the Unit has not submitted the APRs within stipulated time. F.Y. Delay 2020-21 - 7 months 2021-22 – 3 months 2022-23- 7.5 months
The Specified Officer vide letter dated 10.10.2024 has reported as under:
As per the information for monitoring submitted by, M/s Nectar Infotel Solutions Pvt.
Ltd. having an SEZ Unit at The Manjri Stud Farm Pvt. Ltd. SEZ, Ground Floor, 11, Block
4A , SP Infocity IT Park, Pune - Saswad Road, Phursungi, Pune-412308, and APR filed
by the unit for the FY 2019-20 to 2022-23, monitoring report in INR duly certified by
the CA on the basis of reconciliation submitted by CA and SEZ online information is
verified and enclosed herewith. The report in the prescribed format is as under:
Export
(Rs. In Lakhs)
Year/Period Figures as
per APR
Figures as per
Softex/SB /
Customs
Records
Difference
if any
Reason for
Difference/Remark
(1)
(2)
(3)
(4)
(5)
2019-20
1,320.56
1,019.17
301.40
Difference
on
account
of
exchange rate difference & found
in records drawn of another F.Y.
(Annexures attached)
2020-21
1,650.03
1,001.10
648.94
Difference
on
account
of
exchange rate difference & found
in records drawn of another F.Y.
(Annexures attached).
2021-22
350.12
1,773.95 -1,423.83
Difference
on
account
of
exchange rate difference, Softex
for some invoices filed twice,
Softex for some invoices not filed
& found in records drawn of
another
F.Y.
(Annexures
attached).
2022-23
201.00
247.75
-46.44
Difference
on
account
of
exchange rate difference, Softex
for some invoices not filed &
found
in
records
drawn
of
another
F.Y.
(Annexures
attached).
Import
(Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP)
basis
(Rs. In Lakhs)
Year/Period
Figures
as per
APR
Figures as per
Customs
Records / Bond
Register
Difference
if any
Reason for
Difference/Remark
2019-20
0
2020-21
0
2021-22
0
2022-23
0
Import
Raw material
(Rs. In lakhs)
Year/Period
Figures as
per APR
(RM
Imported)
Figures as per
Customs
Records /
Bond Register
Difference
if any
Reason for
Difference/Remark
NA
NA
NA
NA
NA
BLUT
(Rs. In lakhs) 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) Opening balance of Bond for FY 2019-20 16.00
Opening balance of Bond for FY 2020-21 Opening = 5.80 Bond renewed = 94 lacs Opening balance of Bond for FY 2021-22 87.09 Opening balance of Bond for FY 2022-23 78.59
2 Total Duty Foregone on goods & services procured (Category- wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. Import = 0.00 Indigenous= 2.01 Ind. Service = 8.19 Total = 10.20 Import = 0.00 Indigenous =1.56 Ind. Service =11.15 Total =12.71
Import = 0.00 Indigenous= 0.00 Ind. Service =8.50 Total = 8.50 Import = 0.00 Indigenous= 0.00 Ind. Service =8.93 Total =8.93 3 Balance in BLUT at the end of each F.Y. 1st Year in each category and overall basis …. 5th Year …. 10th Year, as the case may be Closing balance of Bond for FY 2019-20
5.80 Lakhs
Closing balance of Bond for FY 2020-21
87.09 Lakhs
Closing balance of Bond for FY 2021-22
78.59 Lakhs
Closing balance of Bond for FY 2022-23
69.66 Lakhs
4 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT
NO
(e) Employment made as on date- (as on end of block period / year up to which monitoring is being done) Men- 24 Women- 09 Total - 33
(f) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2023) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. As details attached in Annexure-1 (g) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex Condonation from DC office / RBI and if approved, whether they have filed such pending Softex. No. As detailed as per attached in Annexure II, same will be filed alongwith condonation. (h) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. All are approved except softex which are pending to be filed. (i) Whether unit has filed any request for Cancellation of Softex NO (j) Whether any Services provided in DTA / SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided) NO (k) Whether the unit has updated the BLUT ledger Module in SEZ Online. YES (i) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged NO (j) Is the unit sharing any of their infrastructures with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated NO
(k) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. YES. (l) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof YES. (m) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report NO (n) Has the unit set up any cafeteria / canteen / food court in unit premises. If yes, whether permission from UAC / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit has availed any duty paid goods / services for setting up such facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including amount of duty / tax recovered or yet to be recovered NO
e. ADC’s Recommendation: The Unit has achieved export revenue of Rs. 13.21 Crores as against projected export of Rs. 15.25 Crores in 5th year of the 1st Block period. The unit has achieved positive NFE of Rs. 50.10 Crores i.e. 100 % in 5th year of 1st block period. The Unit has achieved export revenue of Rs. 22.01 Crores as against projected export of Rs. 48.22 Crores in 3rd year of the 2nd Block period. The unit has achieved positive NFE of Rs. 22.01 Crores i.e 100% in 3rd year of 2nd Block period. As per the SO Report the unit has achieved employment of 33 employees (Men-24, women-09) in FY 2022-23. The Unit has incorrectly mentioned NFE Value in APR and hence need to revise the APRs. The Unit has not submitted the APRs within stipulated time for FY. 2020-21, FY 2021-22 and FY 2022-23. Approval Committee may like to monitor the performance of the Unit for 5 years of 1st Block Period i.e. FY 2019-20, 3 years of 2nd Block period for FY 2020-21to FY 2022-23
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