INFOPARKS KERALA SPECIAL ECONOMIC ZONE ERNAKULAM (Phase II)

42nd MEETING (8/2019) OF APPROVAL COMMITTEE

Date : 04.09.2019

Time : 11.00 am

Venue : Conference Hall, CSEZ Administration Bldg., Kakkanad, Kochi – 682 037.

AGENDA

Sl. No. Agenda items Pages Confirmation of the Minutes of the 41st Meeting (7/2019 Series) of the Approval A Committee ofInfoparks Kerala Special Economic Zone (Phase II), Ernakulam held on 5–6 14.08.2019 B Action taken on decisions of previous meeting 7 C Proposals for consideration :

I Proposals of Developer / Co-developer :Nil II Proposals for setting up of new unit(s) : 1. Application submitted by M/s. Airlinepros International Service Center Cochin 7 LLP. for setting up a unit 2. Application submitted by M/s. TechNeurons Consulting Solutions Private 9 Limitedfor setting up a unit 3. Application submitted by M/s. Purple Boat AI Private Limited for setting up a 11 unit 4. Application submitted by M/s. M/s. HTIC Global for setting up a unit 13 III Miscellaneous proposals : 1 Expansion proposal by M/s.Katzion Technology Solutions LLP 15 D Any other matter with the approval of the Chairperson

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APPROVAL COMMITTEE MEMBERS – INFOPARKS KERALA SEZ (PHASE II), ERNAKULAM

1. Dy. Secretary (SEZ) Government of India, 2. Jt. Director General of Foreign Trade Department of Commerce( SEZ) A Block, 5th Floor Ministry of Commerce & Industry Kendriya Bhavan, Kakkanad, Udyog Bhavan, New Delhi-110 107 Kochi- 682037 Fax:011-23063419 Email: [email protected]

3. Commissioner of Central Tax 4. Pr. Commissioner of Income Tax,, &Customs, Central Revenue Building, C R Building, I S Press Road, I S Press Road, Cochin - 682 018. Cochin - 682 018.

5. Director (Banking) Ministry of Finance, Govt. of India 6. Secretary to Govt. of Kerala Jeevan Deep Building, Sansad Marg, Department of Industries, Secretariat New Delhi – 110001 Thiruvananthapuram-695001

7. Director of Industries and Commerce 8. The Chief Executive Officer, Government of Kerala, Infoparks Kerala Special Economic Zone, Vikas Bhavan, Kakkanad, Kochi – 42. Thiruvananthapuram -695033 (Special Invitee)

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A. Confirmation of the Minutes of the 41st Meeting (7/2019) of the approval Committee of Infoparks Kerala SEZ (Phase II), Ernakulam District held on 14.08.2019

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B. Action taken on decision(s) of previous meeting

The Chairperson informed that the following decisions of the last approval committee meeting had been communicated to the developers/co-developers and units in Infoparks Kerala SEZ. Sl. Items considered Approval Letter No & Date No Application submitted by M/s.Braid Technologies Private Limited KL:20:11:INFOPARK(II):1:2BW 1 for setting up a unit dated 27.08.2019 Application submitted by M/s.Haxr Networks LLP for setting up a KL:20:11:INFOPARK(II):1:2BV 2 unit dated 27.08.2019 Application submitted by M/s.Carnegie Worldwide Services KL:20:11:INFOPARK(II):1:2BX 3. Private Limitedfor setting up a unit dated 27.08.2019 KL:20:11:INFOPARK(II):1:2AV 4. Expansion proposal by M/s.Eyne Tech Services Pvt. Ltd. dated 30.08.2019

C. Proposals for consideration:

I. Proposals of Developer / Co-Developer : NIL

II. Proposals for setting up of New Unit(s) : C.II.1 Application submitted by M/s. Airlinepros International Service Center Cochin LLP, for setting up a new unit.

M/s. Airlinepros International Service Center Cochin LLP, vide their letter dated 20.08.2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Ernakualm for carrying out the authorized activity viz. IT& ITES- IT Consulting Services, IT Support Services, IT Designing and Development Services for applications .

Brief summary: M/s. Airlinepros International Service Center Cochin LLP was incorporated on 21.06.2019 with its registered office in Kerala under LLP Act, 2008. The LLP is formed by agreement between AirlinePros Inc., USA and 11 individuals of which one is an Indian citizen. The LLP has three Designated partners.

AirlinePros Inc. is an aviation consulting company whom Airline Reporting Corporation (ARC) engaged to assist in the promotion of ARC’s various joining programmes for carriers. It is a distribution and representation firm for airlines and travel suppliers. It facilitates logistics of selling, reporting, remitting procedure of ticket related transactions. The organization also offers training to maximize yield and minimize dilution taking into account various factors. Airline pro also offers general sales & marketing services through developing programmes to increase bookings yield or a combination with a 360 degree analysis incorporating sales data, agency production, etc.

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AirlinePros International Service Center Cochin LLP shall act as a back office to offer various support services and solutions including but not limited to data analytics, business intelligence, call centre services, reservations and ticketing, tour packaging, pricing and revenue protection service, fare filing service, financial management and accounting, automated systems, marketing support and setting standards for Global Joint Venture Partners contracted to provide ARC ASP Coordination Services or IATA Billing and Settlement Plan Coordination Services and/or General Sales Agency Services to Airlines, Travel and Tourism Entities, and also directly to Airlines and other Travel and Tourism entities or to other General Sales Agencies and other Airlines Reporting Corporation or Billing and Settlement Plan Coordinators. Other details in the applications are as given below:

I Application Summary Name & Address of Applicant M/s. Airlinepros International Service Center Cochin LLP, Flat No.20 D, Tower 1 “Tritvam”, Goshree Pachalam Link Road, Marine Drive, Kochi, Ernakulam – 682018. Date of Application & Application ID 19/08/2019 (Appln.ID No.111900004053) Date of submission 23/08/2019 Name & Address of the Designated Partners : 1. Shri Thomas Cherian Mathew, G 104, Jalvayu Vihar, Adishankar Acharya Marg, Powai, Mumbai, Maharashtra – 400 076. 2. Shri Anil Mathew Asokan, 26 – 38, 28th Street, APT 5B, Astoria, New York, United States – 11102. 3. Smt. Achma Asokan Foster, 10333, Sweet Bay Manor, Park Land, Florida, Unites States – 33076. II Project Summary Item of manufacture/service 83132-IT support services 83132-IT consulting services 83141-IT design and development services for applications Applicability of environmental and pollution Not applicable. control norms Employment Total 15 a. Men 5 b. Women 10 III Exports for Five years (Value) (Rs. in lakh) 1st Year 30.00 2nd Year 45.00 3rd Year 67.50 4th Year 101.25 5th Year 151.88 Total (INR) 395.63 (in US$ Thousands) 565.19 IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 10.00 Import of capital goods 5.00 Other FE Outflow for five years 5.00 Page 8 of 16

V NFE for 5 years(Rs. in lakh) 385.63 VI Foreign Equity participation/Foreign 95% Contribution VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 40.42 b. Land A. Requirement of water 8.00 (in KL per month) B. Requirement of power 8.00 (in KVA per month) VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & Accounts Officer, Cochin DD No.020304 Special Economic Zone” (for dated 17.08.2019 for Rs.10,000/- Rs.10,000/-) b. Affidavit of undertaking as prescribed Yes in the Form – F in stamp paper c. Willingness for allotment of space in Yes SEZ d. Project report Yes e. Copy of Certificate of Incorporation Yes along with Articles of Association and Memorandum of Association in case of Companies and attested copy of Partnership Deed in case of partnership firms f. Income tax returns of Yes; Income tax returns for the past three proprietor/partners for the last three years of one of the Designated partners years. In case of company, audited submitted. Other two partners are balance sheet for the last three years overseas residents. g. PAN of applicant ABPFA4245B h. Photo ID Proof Yes i. Board resolution appointing Yes: Ms. Achma Asokan Foster, Chief authorized signatory Operating Officer is authorized to sign documents

The application has been scrutinized as per Rule 17 & 18 of SEZ Rules, 2006 and found to be in order. The application is placed before the Approval Committee of Infoparks Kerala Special Economic Zone (Phase-II), Kochi for consideration.

C.II.2 Application submitted by M/s .TechNeurons Consulting Solutions Private Limited, for setting up a new unit.

M/s. TechNeurons Consulting Solutions Private Limited, vide their letter dated 23.08.2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Ernakualm for carrying out the authorized activity viz. IT& ITES- IT Consulting Services, IT Support Services, IT Designing and Development Services for applications, Website Hosting Services, IT Designing and Development Services for networks and systems.

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Brief summary: M/s. TechNeurons Consulting Solutions Private Limited was incorporated on 21.03.2011 with its registered office in Kerala. The company has been working on large scale data collection, online verification, map/GIS – based operations, routing and tracking, data mining and large-scale data migrations for property tax appraisal and auditing domains for counties in the United States of America. The company is in the field of outsourced development project for a US based company. The company is now operating on multiple platforms and technologies including GIS domain operation and data analytics. The company is planning to expand its operations. Other details in the applications are as given below:

I Application Summary Name & Address of Applicant M/s. TechNeurons Consulting Solutions Private Limited, A6 Stephanos Tower, Eachamukku, Kakkanad P O, Ernakulam District – 682 037. Date of Application & Application ID 22/08/2019 (Appln.ID No.111900004123) Date of submission 23/08/2019 Name & Address of the Directors : 1. Shri Sarath Babu Sasidharan, ADRA – B7, TC 8/373(7), Thirumala P O, Thiruvanathapuram – 695 006. 2. Smt. Akshaya Sarath, HNO 34-100/65, Vivekanandapuram, Sainikpuri, Secunderabad, Telengana – 500 094. II Project Summary Item of manufacture/service 83132-IT support services 83132-IT consulting services 83141-IT design and development services for applications 83142-IT design and development services for networks and systems 83151-Website hosting services Applicability of environmental and pollution Not applicable. control norms Employment Total 58 a. Men 35 b. Women 23 III Exports for Five years (Value) (Rs. in lakh) 1st Year 150.00 2nd Year 225.00 3rd Year 338.00 4th Year 507.00 5th Year 610.00 Total (INR) 1830.00 (in US$ Thousands) 2614.29 IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 30.00 Import of capital goods 10.00 Other FE Outflow for five years 10.00 V NFE for 5 years(Rs. in lakh) 1810.00 VI Foreign Equity participation 0 Page 10 of 16

VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 501.30 b. Land A. Requirement of water 30.00 (in KL per month) B. Requirement of power 40.00 (in KVA per month) VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & Accounts Officer, Cochin DD No.889567 Special Economic Zone” (for dated 21.08.2019 for Rs.10,000/- Rs.10,000/-) b. Affidavit of undertaking as prescribed Yes in the Form – F in stamp paper c. Willingness for allotment of space in Yes SEZ d. Project report Yes e. Copy of Certificate of Incorporation Yes along with Articles of Association and Memorandum of Association in case of Companies and attested copy of Partnership Deed in case of partnership firms f. Income tax returns of Yes; Income tax returns for the past three proprietor/partners for the last three years of one the directors and returns of years. In case of company, audited the other director (Smt. Akshaya) for 2018- balance sheet for the last three years 19 have been submitted. g. PAN of applicant AAECT2775J h. Photo ID Proof Yes i. Board resolution appointing Yes: Shri Sarath Babu Sasidharan, Director authorized signatory is authorized to sign documents

C.II.3 Application submitted by M/s. Purple Boat AI Private Limited, for setting up a new unit.

M/s. Purple Boat AI Private Limited, vide their letter dated 25.08.2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Ernakualm for carrying out the authorized activity viz. IT& ITES- IT Consulting Services, IT Support Services, IT Designing and Development Services for applications.

Brief summary: M/s. Purple Boat AI Private Limited was incorporated on 19.07.2019 with its registered office in Kerala. The company intends to develop products that enable data intelligence and real time decision prediction models into existing and new products seamlessly, in assistive and assertive manner as well. Some prototypes have already been developed by the Page 11 of 16 promoters themselves – a) Social Empowerment Platform and b) Sales and Revenue Forecasting Platform. Other details in the applications are as given below:

I Application Summary Name & Address of Applicant M/s.Purpleboat AI Private Limited, Makkattil House, Meloor P.O., Kunnappilly Chalakudy, Thrissur – 680311 Date of Application & Application ID 25/08/2019 (Appln.ID No.111900004182) Date of submission 26/08/2019 Name & Address of the Directors : 1. Shri Abhilash Makkattil Sundran, Kunnappilly, Near SNUP School, Melur, Thrissur – 680311 2. Shri Krishnanunni Peralikalam Narayanan, 4/486(26) Indira Nagar, Puthoor, Kallepulli, Palakkad - 678005 II Project Summary Item of manufacture/service 83132-IT support services 83132-IT consulting services 83141-IT design and development services for applications Applicability of environmental and pollution Not applicable. control norms Employment Total 50 a. Men 30 b. Women 20 III Exports for Five years (Value) (Rs. in lakh) 1st Year 170.00 2nd Year 500.00 3rd Year 700.00 4th Year 900.00 5th Year 1100.00 Total (INR) 3370.00 (in US$ Thousands) 4814.29 IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 40.00 Import of capital goods 17.00 Other FE Outflow for five years 8.00 V NFE for 5 years(Rs. in lakh) 3345.00 VI Foreign Equity participation 0 VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 527.41 b. Land A. Requirement of water 30.00 (in KL per month) B. Requirement of power 50.00 (in KVA per month)

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VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & Accounts Officer, Cochin DD No.391619 Special Economic Zone” (for dated 22.08.2019 for Rs.10,000/- Rs.10,000/-) b. Affidavit of undertaking as prescribed Yes in the Form – F in stamp paper c. Willingness for allotment of space in Yes SEZ d. Project report Yes e. Copy of Certificate of Incorporation Yes along with Articles of Association and Memorandum of Association in case of Companies and attested copy of Partnership Deed in case of partnership firms f. Income tax returns of Yes; Income tax returns for the past three proprietor/partners for the last three years of both the directors have been years. In case of company, audited submitted. balance sheet for the last three years g. PAN of applicant AAKCP6741Q h. Photo ID Proof Yes i. Board resolution appointing Yes: Shri Vincent N P, Chief Operating authorized signatory Officer is authorized to sign documents

C.II.4 Application submitted by M/s. HTIC Global, for setting up a new unit.

M/s. HTIC Global, vide their letter dated 25.08.2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Ernakualm for carrying out the authorized activity viz. IT& ITES- IT Consulting Services, IT Support Services, IT Designing and Development Services for applications, Website Hosting Services.

Brief summary: M/s. HTIC Global is a partnership firm and the deed was executed on 16th August 2019. The firm has applied for registration with the Registrar of Firms, Kerala with its registered office at Thrissur, Kerala. The firm proposes to carry on the business of providing outsourcing services for all business processes in various industries such as travel, aviation, insurance and consultancy. The services provided are in the domains of business process outsourcing solutions, human resource and information technology solutions, financial auditing and analysis, consulting services, software development and marketing solutions. Other details in the applications are as given below:

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I Application Summary Name & Address of Applicant M/s. HTIC Global, Akkara House, Varandarapilly P O, Thrissur District – 680 303. Date of Application & Application ID 25/08/2019 (Appln.ID No.111900004160) Date of submission 26/08/2019 Name & Address of the Partners : 1. Mr.Abdul Hameed Kunnath, Kunnath House, Cherukodu P O, Vallappuzha, Palakkad – 679 336. 2. Mr.Akif P Aziz, Punnilath House, Eriyad P O, Kodungalloor, Thrissur District – 680 666. 3. Mr. Binoy John, Kannampuzha House, Parakkadavu P O, Kodungalloor, Thrissur District – 683 579. 4. Mr. Dinto Davis Akkara, Akkara House, Varandarapilly P O, Thrissur District – 680 303. II Project Summary Item of manufacture/service 83132-IT support services 83132-IT consulting services 83141-IT design and development services for applications 83151-Website hosting services Applicability of environmental and pollution Not applicable. control norms Employment Total 275 a. Men 183 b. Women 92 III Exports for Five years (Value) (Rs. in lakh) 1st Year 864.00 2nd Year 967.00 3rd Year 1083.00 4th Year 1213.00 5th Year 1359.00 Total (INR) 5486.00 (in US$ Thousands) 7837.14 IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 140.00 Import of capital goods 30.00 Other FE Outflow for five years 20.00 V NFE for 5 years(Rs. in lakh) 5436.00 VI Foreign Equity participation NA VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 1356.47 b. Land A. Requirement of water 30.00 (in KL per month) B. Requirement of power 48.00 (in KVA per month) Page 14 of 16

VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & Accounts Officer, Cochin DD No.013049 Special Economic Zone” (for dated 22.08.2019 for Rs.10,000/- Rs.10,000/-) b. Affidavit of undertaking as prescribed Yes in the Form – F in stamp paper c. Willingness for allotment of space in Yes SEZ d. Project report Yes e. Copy of Certificate of Incorporation Acknowledgement for application to along with Articles of Association and register the partnership deed with Memorandum of Association in case of Registrar of Firms, Government of Kerala Companies and attested copy of has been produced. Partnership Deed in case of partnership firms f. Income tax returns of Yes; Income tax returns of Shri Dinto for proprietor/partners for the last three the last three years and i.r. of Shri Akif for years. In case of company, audited 2018-19 given. Others have submitted that balance sheet for the last three years they are NRIs. g. PAN of applicant AAMFH4077N h. Photo ID Proof Yes i. Board resolution appointing Yes: Shri Dino Davis Akkara, Managing authorized signatory Partner is authorized to sign documents

III. Miscellaneous proposals:

C.III.1 Application for expansion of the project-M/s. Katzion Technology Solutions LLP

M/s. Katzion Technology Solutions LLP, a holder of valid letter of approval No. KL:20:11:INFOPARK(II):1:2AN dated 27th July 2018, vide letter dated 22nd August 2019 has requested to consider and accord approval for their expansion/revision of their project. The Unit commenced its operation on 1st August, 2018. It is informed by the Unit that there is considerable increase in the volume of work which warrants revision in the project parameters. As per the proposal, built up area admeasuring 294.69 sq. mtrs. shall be added to the existing facilities for which the co-developer, M/s.Trans Asian have given their consent. The Unit has also furnished revision in the existing project parameters resultant to the expansion proposal. The revision in project parameters is as given below:

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Particulars Existing projection Incremental Total projection for for 1st Block year projection in the first block year period first block year period period Area (in sq. mtrs.) 396.79 294.69 691.48 Men Women Men Women Men Women Employment (Nos.) 42 11 40 26 82 37 (Rs. in lakh) Total Investment 25.00 45.00 70.00 FOB value of export 1011.00 885.00 1896.00 Indigenous CG 25.00 45.00 70.00 Imported CG 0.00 0.00 0.00 Other foreign 0.00 0.00 0.00 exchange outgo Total FE outflow 0.00 0.00 0.00 Net Foreign Exchange 1011.00 885.00 1896.00 Earnings

The unit meets the requirement of Positive NFE under Rule 18 (2) of the SEZ Rules,2006. The matter is placed before the Approval Committee for its consideration.

D. Any other matter with the approval of the Chairperson

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