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Government of Madhya Pradesh Invites You…. BE at the SHINY EDGE

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Government of Madhya Pradesh Invites You…. BE at the SHINY EDGE Government of Madhya Pradesh invites you…. BE AT THE SHINY EDGE Diamonds : Indian Scenario The Diamond industry occupies an important position in the Indian economy. It is a leading foreign exchange earner and also one of the fastest growing industries in the country. Diamond Segment is one of the two Segments of The Gems and Jewelry Sector in India. However, a Predominant portion of rough, uncut diamonds processed in India is exported, either in the form of polished diamonds or finished diamond Jewelry India is the leading diamond cutting nation in the world. Indian Diamond Industry’s highlights : Diamond Jewelry : US$ 1.2 billion Diamond Jewelry market growth : 27% The Indian Industry is competitive in the world market due to its low cost of production and availability of skilled labour. India has set up more than 3.000 offices worldwide for promotion and marketing of Indian diamonds. India has the world's largest cutting and polishing industry, employing around 800,000 people (constituting 94 per cent of global workers) with more than 500 hi-tech laser machines. There are more than 6000 players in domestic diamond processing industry. HIGHLIGHTS . Option to notify product specific SEZ for diamonds, Gems & Jewellery . Prime land at the terminal end of proposed Economic Corridor (under DMIC) linking Airport and Pithampur . World Class Infrastructure and development shall be made by government or available agency as per requirement . Land acquisition completed and in possession of AP/N Government Initiatives The Government has extended the following facilities to this sector: Service Tax on services (related to exports), which are rendered abroad have been exempted. Re-import of Diamonds & Jewellery (either in complete or partial lot) exported on consignment basis have been allowed. In the light of increase in global prices of precious metal, duty free entitlement for consumables for export of rhodium plated silver Jewellery has been increased to 3 percent. To reduce the transaction cost for the diamond sector, testing facility at International Diamond Laboratory (IDL). Dubai, has been incorporated in the list of laboratory/certifying agencies. Duty free import entitlement of tools, machinery & equipment has been allowed. For metals other than gold, platinum, it will be 2 per cent and for gold and platinum, it will be 1 per cent of FOB value of exports during the previous financial year Categorization of exporters as One to Five Star Export Houses has been changed to Export Houses and Trading Houses with rationalization and change in export performance parameters. In addition, the Government has decided to make gold hallmarking mandatory from January 1, 2008.1t has also made the import of polished diamonds completely duty free. This will facilitate the sector towards evolving from being just a manufacturing centre to becoming a global trading hub for diamonds, gems and Jewellery. Location The site of 118.020 Hect. identified for the proposed Diamond Excellent Location on National Highway near IIM, Indore Park in the village Rangwasa of Indore District is opposite IIM Indore campus on the main Rau-Pithampur Road approachable by the Pithampur Road from AB Road Bypass Junction. The site is about 12 kms from the Central Business District of Indore and is close to the industrial growth centres in Indore like Pithampur. Mhow etc, The site is also located 15 Kms from lndore airport, and abuts a proposed 4-lane Western Ring Road to be Developed by the lndore Development Authority. Targeted Occupants A right place to set up units by Diamond Cutting and polishing industries. Diamond Studded Jewelry manufacturers. Jewelry manufacturers. Pearls processing units. Watches. Jewelry Watches. Fashion Jewelry. Cosmetic Jewelry. Silver Jewelry and all relevant units of Gems and Jewelry Industry. Facilities Facilities In Processing Zone Central Amenities Facilities In Non Processing Zone Ready Built standard factories Range of Facilities for Workers World class International Trade Center Flatted factories Local shopping Office Complex & Multi Facility Building Modern. Multi-tenanted buildings Food courts/eating places Training Center & Gemological Institute Amenity Center to facilitate working staff Facility market Jewelry Mall Logistics hub Community center Gemological Institute Health Clinic Child care Factory outlets Religious site Recreation center Public open space/reserve site Commercial hub Play & Relax Organized open spaces and lush green landscapes Advantage - Indore Centrally located, commercial capital of central India with moderate, pleasant climate. Footmarks of the royal dynasty meet the pace of the business in Indore. High quality lifestyle with low cost. India's first green field operational SEZ in Indore. Quality housing facility at reasonable rate. Significant number of good hotels, Residential Centers, Multiplexes, Clubs, Theatres, Sports Clubs, Shopping Malls. World-class medical facilities available (Bombay Hospital, CHL Apollo, many more....) Negligible crime rate and good communal harmony. It is the 'soyabean' capital of the country and having National Soyabean Research Centre. Educational hub of central India with number of prominent Engineering/ Management colleges and English medium schools & having more than 16 reputed Engineering Colleges with regular IT, Computer Science, Computer Technology, Communications Engineering and other branches. CAT, Indore – the Center for Advanced Technology is present. A huge reservoir of economical and competent skilled manpower. Nearly 50,000 graduates including 15,000 technical graduates are available every year. No labor issues, lockouts or closures in the city. People have professional approach and positive attitude. Excellent connectivity with all parts of country & abroad through Air, Rail & Road. Advanced telecommunication network at BSNL, VSNL, Reliance, Tata Indicom, Airtel & STPI Earth Station. Airport Development Authority is developing full fledged air cargo facility at Indore Airport. At present the total volume of air cargo handled by CONCOR is nearly by 3000 tonnes per annum. An international airport at Indore is expected to completed very soon. High quality social Infrastructure. Low cost & easy availability of land as compared to other parts of country. Land Allocation within the Diamond Park Land Use Area in Hac. Industrial (Non 40.550 Processing) Flatted Factories 9.540 (Processing) Commercial 5.030 Jewelry Mall 5.030 Public Semi Public 16.730 Layout Plan Administrative 3.970 Complex Office Complex & 4.340 Multi Facility Area International Trade 4.300 Center Training Center & 4.120 Gemology Institute Residential 6.470 Public Utilities & 3.160 Facilities Recreational 15.040 Transport Parking & 12.5 Circulation Future Expansion 9.000 Total 118.20 Hect. (291.50 Acre) Why you should join us ? Connectivity to all parts of India through Rail, Air, Road. 118 Acres land acquisition completed and in possession of AKVN. Option to notify product specific SEZ for Diamonds, Gems & Jewelry. Prime land at the terminal end of proposed economic Corridor (under DMIC) linking Airport and Pithampur. World Class Infrastructure and development shall be made by government or available aganecy as per requirement. Contact Us M.P. State Industrial M.P. Audyogik Kendra Development Corporation Ltd. Vikas Nigam (Indore) Ltd. 192, Zone-I, M.P. Nagar, Bhopal – 462011 (M.P.) 3/54, Press Complex, Free Press House, Agra-Mumbai Road, Phone : 4270370/270 Fax : 4270280 Indore (M.P.) Email : [email protected] Phone : 0731-4070976, 2572623, 2557363, 2574311 Website : www.mpsidc.org Fax : (0731) 2572629 Email : [email protected] Website : www.mpakvnindore.com .
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