Minutes of the 5th meeting of Approval Committee

Minutes of the 5th meeting of Approval Committee (2009-10) held on 28/07/2009 at 1500 hrs. at KASEZ, under the Chairpersonship of Dr.(Mrs.) Maya D. Kem, Development Commissioner.

Following were present:

1 Shri Upendra Vasishth, JDC Nominee of MOC 2 Shri Avinash Kumar Addl. Commissionder, I.T. 3 Shri Jeetesh Nagori Jt.Commissioner (Cus) 2 Shri B.N. Pani Asstt.Collector & SDM 3 Shri D.B. Parmar Rep. of GM, DIC

Absent:

(1) Director (Banking)
(2) Jt.Director General of Foreign Trade

I. Review/confirmation of minutes of last meeting of the Approval Committee:

Minutes of last meeting of the Approval Committee were confirmed.

II. Following proposals for setting up units in Kandla Special Economic Zone were taken up for consideration:

(i) M/s. Grace Enterprises, Maharashtra:

Promoter did not turn up for interview. Deferred.

(ii) M/s. Global Warehousing & Trading, Gandhidham:

Proposal is to set up a unit for warehousing and trading for all types of self adhesive tapes made of paper, plastics, PVC and Cloth and adhesive/immersions. Mr. Dhaval Chellani, Proprietor appeared for interview and put forth the following clarifications:-

¾ They are already in the business of corrugated boxes, etc. in the Zone, namely, M/s. Shreyas Packaging Industries. ¾ They will bring the above items and trade as it or as per the requirement of the buyer. ¾ Project cost is Rs.45 lakhs, which will be met from own sources and borrowings from relatives. ¾ IEC No.3795000025. ¾ Requirement of space about 4000 sq.mtrs.

per the requirement of the buyer. ¾ Project cost is Rs.45 lakhs, which will be met from own sources and borrowings from relatives. ¾ IEC No.3795000025. ¾ Requirement of space about 4000 sq.mtrs.

  Observations/clarifications the Committee:

• 2 - ¾ FOB value of the of exports for the 5 year project period is Rs.1400 lakhs with a NFE of Rs.700 lakhs. ¾ It was informed that due to shortage of open land/built up space, promoter was informed that the Zone Administration will be able to give only available land out of the demolition of CPWD shed, which the applicant agreed.

Proposal was approved subject to verification of IEC by Jt. Commissioner (Cus) as stated above. It was also decided that JC(Cus) will report about IEC verification within 7 days and if no report is received LOA will be issued after 7 days. (Action: IA-I Section) (iii)M/s. Esteam Apparel Services Pvt. Ltd., Mumbai:

Proposal is to set up a unit for manufacturing of readymade garments and made ups. Mr. Devang Mehta, Director appeared for interview and put forth the following clarifications:-

¾ They have an existing unit in Maharashtra for the same products and are going for expansion.
¾ Total cost of the project is Rs.77 lakhs, which will be financed from their working capital. ¾ Fabric and accessories will be imported. ¾ Sewing machines JUKI model will be imported about 70 to 80 pieces. ¾ Export markets – Europe and USA. ¾ Last year’s export was Rs.35 crores. ¾ Requirement of space about 1000 sq.mtrs.

imported. ¾ Sewing machines JUKI model will be imported about 70 to 80 pieces. ¾ Export markets – Europe and USA. ¾ Last year’s export was Rs.35 crores. ¾ Requirement of space about 1000 sq.mtrs.

  Observations/clarifications the Committee: 

¾ FOB value of the of exports for the 5 year project period is Rs.1209 lakhs with a NFE of Rs.913 lakhs.

Proposal was approved subject to verification of IEC by Jt. Commissioner (Cus). It was also decided that JC(Cus) will report about IEC verification within 7 days and if no report is received LOA will be issued after 7 days.

(Action: IA-I Section) (iv) M/s. Lizer Cylinders Ltd., KASEZ:

Their request is for enhancement of production capacity. Committee noted that they are an approved unit for manufacture of High Pressure Seamless Gas Cylinders and commenced their commercial production on 1-11-2007. It was decided to approve enhancement of their production capacity. (Action: IA-I)

DC 29-07-2009