Gujarat International Finance Tec-City Company Limited

3rd Floor, 'A' Wing, Khanij Bhavan,Near University Ground, 132 feet Ring Road, Vastrapur,

Ahmedabad 380 052, Gujarat, INDIATel: +91 79 2791 2511 / 2791 2518 Fax: +91 79 2791 2516

E-mail: query@giftgujarat.in

www.giftgujarat.in

Gujarat International Finance Tec-City (GIFT)

A City for the Next Generation India

"The vision of Gujarat would be

incomplete without capitalising on the

in-house financial business acumen.

To tie-up with technology, to create a hub

complete with infrastructure, to meet the needs of

modern Gujarat, modern India and to create a space in

the global financial world… that is my dream"

Shri Narendra Modi,

Chief Minister, Gujarat

01

India's Potential: Financial Services/ITeS

CoreFinancialServices

CapitalMarkets &Trading

IT forFinancialServices

ITeS/ BPO forFinancialServices

Total

No. of Jobs

(Thousands)

Value add to GDP

(USD Billion)

Market Capitalisation

(USD Billion)

2,750-2,900

4-5

19-20

500-600

2,000-2,200

175-225

750-850

3,500-3,700

~1

8-10

14-18

100-120

3-4

25-35

175-190

6-7

65-75

80-90

300-350

11-16

100-150

50-55

375-425

275-325

1,600-1,80010,000-11,000

1,150-1,2507,400-7,600

30-35

240-250

02

Employment Potential at GIFT

Financial Services

CoreFinancialServices

Financial Services Operations

Financial Services Corporate Centre

Select Product Markets

Capital Markets & Trading

IT for Financial Services

ITeS for Financial Services

Total

125-150

10-15

2-4

200-225

75-100

500-600

Estimated No. of Jobs(Thousands) by the year 2020

100-125

Source: McKinsey & Company2007 2020

Source: McKinsey & Company

The Growth of India’s Financial Services/ITeS Sector

The last decade has seen an unprecedented growth in India's financial services sector. It employs over 3 million people, constitutes about 5% of the GDP and has an estimated market capitalisation of over USD 200 billion.

As India experiences continued economic growth, the financial sector could generate about 10 million jobs and a GDP contribution of USD 350 to 400 billion by 2020. With sustained growth and rapid development in technology and infrastructure, an increasing share of financial services would get centralised. McKinsey market assessment report estimates potential of about 6 million centralised jobs across multiple services.

Several developed countries have successfully established high-tech financial hubs, which over time have evolved as international financial service centers. These centers provide suitable regulatory regimes and create business environment to promote talent and increase capital flow. As they develop, they create significant economic value for their domestic economies; London and New York account for 10% of the GDP and about 5% of jobs. Emerging financial service centers like Singapore and Hong Kong have achieved similar levels of concentration of economic activity in a short period of time.

03

How to unlock the potential?

India is not able to fully realise its vast potential in financial services because our cities do not have the required infrastructure. If India wants to compete with international financial hubs, our cities will have to provide global standards in infrastructure, office space, internet and telephone connectivity and lifestyle opportunities which would attract top talent.

Gujarat; an ideal destination for realising this dream

Time and again, Gujarat has proved itself to be one of the fastest growing states in the country with more than 10% average GDP growth during the past six years. It leads in chemicals, petrochemicals, pharmaceuticals, cement, ceramics and diamond industries. Gujarat contributes 30% to the Stock Market Capitalisation, 16% to country's total output and 19% to exports. Recent studies show that Ahmedabad and Gandhinagar are the favoured destinations to migrate in India because of good urban infrastructure, business friendly environment and good living conditions.

GIFT: Gujarat's gift to India and the World

GIFT aspires to cater to India's large financial services potential by offering global firms a world-class infrastructure and facilities. It aims to attract the top talent in the country by providing the finest quality of life. It is estimated that GIFT would provide 5,00,000 direct and an equal number of indirect jobs which would require 90 million square feet of real estate office and residential space.

The Backbone

To develop and implement the Project, the Government of Gujarat through its agency Gujarat Urban Development Company Limited (GUDC) and Infrastructure Leasing & Financial Services Limited (IL&FS) have established a 50:50 joint venture Company, “Gujarat International Finance Tec-City Company Limited” (GIFTCL).

GUDC facilitates urban development by assisting the state government in formulation of policy, institutional capacity building, project implementation, and in raising funds from multilateral agencies for urban projects.

www.gudcltd.com

IL&FS is the foremost infrastructure company in the country which has catalysed over USD 8 billion of infrastructure projects and is currently developing several innovative projects. Like GIFT, most of its projects are in Public-Private Partnership (PPP) format. IL&FS also provides consultancy in IT, financial, environmental, water management, education and a host of other services. It employs more than 3,000 people.

www.ilfsindia.com

GUDC

Gujarat UrbanDevelopment CompanyLimited (GUDC)

Infrastructure Leasing & Financial ServicesLimited (IL&FS)

04

ASSOCIATESA team of some of the best names in the business has been put together for the planning and designing of GIFT

Design and Architecture

Environmental Aspect

IL&FS Ecosmart Limited

ICT Advisory Services

British Telecom

Legal Consultant

Luthra and Luthra Law Offices

Luthra& uthraLLaw Offices

Fairwood India Pvt. Ltd.(Lead Member)

Fairwood

Consortium of Fairwood India Pvt. Ltd. and East China Architectural Design Institute

Talent Demand Assessment

Hewitt

Market Demand Assessment

McKinsey&Company

Real Estate Assessment

Jones Lang LaSalle Meghraj

05

Infrastructure

IL&FS Corporation LimitedInfrastructure Development

East China ArchitecturalDesign Institute

Environment

GIFT: The Magnificent Coliseum in Making

Recognising the potential of the State as a centre for the financial services industry, the Government of Gujarat formulated GIFT to realise this vision. Land between Ahmedabad-Gandhinagar region has been identified to create a Central Finance Business District (CFBD). The land of CFBD will subsequently be expanded and surrounded by Institutional Areas, Knowledge Parks and Integrated Townships. The CFBD is presently planned in 550 acres of land. The project regenerates an ideal blend of high quality residential, commercial and open space facilities that optimise land and real estate values, global connectivity and gen-next infrastructure.

06

The Location

The project has been located on the bank of the river Sabarmati and is about 12 kms from Ahmedabad International Airport, and 8 kms from Gandhinagar. GIFT will have easy access from all directions through 4-6 lanes State and National Highway.

The Concept

The Project has been globally benchmarked with International Financial Centers. GIFT is planned to be a hub for IT/ ITeS for Financial Services and other multi-services sectors.

GIFT's proposition includesthe following:

lRobust urban planning

lUrban form and façade, attractive skyline

lConcept of self-sustainable city

lIntelligent transportation system

lDistrict cooling system

lRiver front

lTechnology backbone for a tech-finance hub

lData centers

lEnergy conservation measures, low per capita energy consumption

lComprehensive water management plan

lIntegrated township with the best of social and physical infrastructure

lTalent development programme

GANDHINAGAR

ECOPOLIS

KnowledgeCity

Parcel 1

Parcel 2ECOPOLIS

H-

N8

GIFT

AHMEDABADRAILWAY STATION

07

Gandhinagar

Ahmedabad

AHMEDABAD

SARDAR VALLABHBHAIPATEL INTERNATIONAL AIRPORT

RA

BM

I RIV

ER

SA

AT

NARMADA MAIN CANAL

ROA

S. PIN R

D

.G

The Visionary Skyline

A necklace of artistically designed high rises with their glittering glass facades located on the curve of the River Sabarmati provides GIFT its unique skyline.

09

500 M

400 M

300 M

200 M

100 M

0 M

500 M

400 M

300 M

200 M

100 M

0 M

The Fortune Island

The heart of the city is the Fortune Island, created by the River Sabarmati on one side and Dream River on the other. It will house the tallest tower of the city-the Diamond tower and the shortest- the Convention center. It will have 8 Museums showcasing the history, art, culture and socio-economic life of Gujarat.

The Blueprint of Success

Fulfillment ofhuman needs for

CleanEnvironment

Food & Shelter

Education

Art & Culture

Maintenance of ecological integrity through

Low EnergyConsumption

ProfessionalCity Management

Efficient WasteManagement andDischarge

Green Spaces,Protection of NaturalVegetation, Water Bodies

Employment

08

Land Use

CBD - Central Business District shall have three main components:

lResidential and commerciallLarge open space, water bodies

and public areaslSeveral Public and Semi-public

(PSP) facilities

BUA Above Ground-92 Million sq ft

Residential

60% Commercial

2% Hotel

5% Retail

9% Public Building

1% Recreation

23%

BUA Basement-52 Million sq ft

Total- 144 Million sq ft

The Iconic Buildings

The Diamond Tower

The Diamond Tower, located on the beautiful Fortune Island, symbolises Gujarat's flourishing diamond industry. Designed to portray the elegant edges of diamond facets, each floor of the tower is different and yet uniquely forming one large whole. The Diamond Tower will be the tallest building in India.Built-up Area: 4.29 Million sq ft

The Gateway Towers

The tall archways of the Gateway Towers frame the majestic Diamond Tower and create a picture perfect setting. Straddling the main avenue of the city, the Gateway Towers have elaborate terrace gardens and rooftop restaurants. The Gateway Towers draw design inspiration from Buland Darwaja and herald India's arrival in the new millennium.Built-up Area: 7.3 Million sq ft

The Crystal Towers

The glowing Crystal Towers are one of the most beautiful buildings of the city skyline. Synonymous with their names, the four office Crystal Towers have beautiful terrace gardens and offer a spectacular view of the Dream River, Diamond Tower and the Convention Center. Built-up Area: 8.5 Million sq ft

10 11

The River Front

Designed to woo, mesmerise and entertain the visitors, the river front will be dotted with restaurants, craft bazaars, leisure activities to provide an evening of fun and relaxation in a serene ambience.Built-up Area: 2.5 Million sq ft

Transport Node

The Transport Node is the urban hub of the city. The complex is designed with hotels, malls, theaters, food streets and multi-dimensional transport stations.Built-up Area: 5.4 sq ftMillion

Convention Center

It has several halls, auditoriums and an opera with capacity exceeding 10,000. Its design is inspired by Salt Crystals and Dandi march.Built-up Area: 6.5 Million sq ft

External Transport Connectivity

A grid of six external connectivity gateways to GIFT from National Highway-8 and Ahmedabad-Gandhinagar State Highway has been created, and the Bus Rapid Transport System (BRTS) is being extended by Ahmedabad Municipal Corporation. The Metro Rail Transport System (MRTS) connecting Gandhinagar, Ahmedabad and GIFT is being taken up by the Government of Gujarat.

LIVING BRIDGE SIGNATURE BRIDGE

5000

5000

10000

5000

13

Transport

Vision

lSegregating vehicular &pedestrian movement

lTransit oriented development where people walk-to-work

lModal split of 10:90 between private and public transport

lAiming for zero accident city

Transport Components

lSurface roads (2/4 lane) forpedestrians & emergency vehicles

lRecessed roads - undergroundfor motorised vehicles

lRiver tunnellBridgeslPublic transport system

(BRTS/ MRTS)lIntelligent transport systemlTwo transit hubslElevated walkwayslFour external parking hubslIndependent logistics center

Personalised Rapid Transport System (PRTS)

lAutomatic personalised driver-less pods

lAvailable on demand: 24 x 7lNon-stop travel direct to

destination

Transit Oriented Development (TOD)

Transit oriented development (TOD) shall be concentrated near transit nodes to make travel convenient for people through multimodal transport. Each transit node also offers hotel & office with commercial facilities. It shall enhance walk-to-work concept.

CROSS SECTION THROUGH LIVING BRIDGE

RIVER TUNNEL TRAVELLATOR

PRTS PODS

TRANSIT ORIENTED DEVELOPMENT (TOD)

To Gandhinagar

To Ahmedabad

To NH 8

Transit Station

MRT Route

Boulevard Street

Underground Vehicular Road

Entry Exit Point

Solid Waste Management

lAutomated Waste collection System (AWS) through chute system

lWaste treatment through plasma technologylMinimise impact on health lWaste sucked through pipes at a speed of 90 kms/hr

lMinimise human intervention lMinimise space requirement

SABARMATI RIVERB3

B

A

7

Road

GIFT150

KM

IDRoad

IB

HN

8

NTO G

HINAG

A DAR

PUMP STATION

B1

B2

L

Water Supply and Sewage System

lTotal water requirement: 20 MGDlSource: Narmada main canallRecycling and reuse of wastewater lRainwater harvestingl24 x 7 water supply lConcept of zero discharge citylPerennial water front by construction of three barrages

on river SabarmatilLandscaped promenade at the river bank along GIFT

Power

lUnderground cabling for power distribution within GIFTlSubstation and distribution automationlGas Insulated Switchgears (GIS) substation for sub-

transmission and distributionlSystem reliability: 99.999%

i.e. outage of 5.3 min per annum

14 15

Information and Communication Technology(ICT)

GIFT will offer leading-edge infrastructure, services and platforms and offer financial services enterprises, a significant competitive advantage to operate regionally and globally.

GIFT occupants would have access to following pre-enabled on demand ICT Services.

Infrastructure

• High speed fiber network

• Diverse local andinternational connectivity

• Pervasive wireless andmobile network

• Data centers

Platforms

• Financial extranets

• CUG to exchanges

• Voice

• Industry specific platforms

• City e-portal

• Sensor networks

• IPTV

• Internet gateway

Services

• Data

• Voice

• Wi-Fi

• Tier-IV data centres

• Business continuity

• Security

• High-speed internet access

• Monitoring

District Cooling System

lEfficiency through economies of scalelReduces energy costs up to 30% lReduces maintenance costs lImproves air quality and temperature control lReduces noise and vibrationlTotal estimated capacity: ~ 3,25,000 TR

Service Trenches

lA common underground service corridor for all utilitieslSpace optimisationlEase in maintenance

Small MediumEnterprises

Fia

inanc

lB

uie

ss

sn

se

VisitorsCit

Srvi

es

ye

c

Rn

esid

ets

IPTCWAN

ExtranetCellular

National Voice

Data

IB

DataCentre VoiceFibre

Cold Water SupplyHot Water Return

Public Private Partnership

In line with PPP philosophy, the Project encourages significant private sector participation.

Unbundling the Components

Core InfrastructureSite development and basic infrastructure would be contracted out by GIFTCL inducting the latest in construction technology.

UtilitiesSpecial Purpose Vehicles (SPVs) have been setup to implement the critical utility components through major private sector participation.

lGIFT District Cooling Systems LimitedlGIFT Water Infrastructure LimitedlGIFT Waste Management Services LimitedlGIFT Transport Infrastructure Development LimitedlGIFT Power Company LimitedlGIFT ICT Services Limited

Real EstateGIFT offers real estate packages in the form of shell, furnished, plug and play or press and play spaces. Uniformity of design and aesthetics would be maintained. To facilitate developers, GUDC has been designated as the single-window Area Development Authority. A separate building code is being written for GIFT.

Corporate Social Responsibility

Talent DevelopmentTo upgrade the identified skill gaps, a dedicated programme involving private sector participation is being pursued by setting up the following entities/ programmes:

lNodal agency for talent developmentlFinishing schoolslTraining schoolslEducation city developmentlSchool education and infrastructure development

Construction Skill Development and WelfareThe Company has started a special multi-agency programme at skill upgradation of workers. This would help generate employment for the local and the tribal people which would lead to betterment of safety, health and environmental practices for the workers and their families. A separate township is being developed for construction and other site workers.

16

Implementation Framework/ Opportunities

Gujarat International Finance Tec-City Company Limited

3rd Floor, 'A' Wing, Khanij Bhavan,Near University Ground, 132 feet Ring Road, Vastrapur,

Ahmedabad 380 052, Gujarat, INDIATel: +91 79 2791 2511 / 2791 2518 Fax: +91 79 2791 2516

E-mail: query@giftgujarat.in

www.giftgujarat.in

Gujarat International Finance Tec-City (GIFT)

A City for the Next Generation India