Gujarat International Finance Tec City A Global Financial Hubmp.ghmc.gov.in/SessionInfo/PDF/NCSC/New...
Transcript of Gujarat International Finance Tec City A Global Financial Hubmp.ghmc.gov.in/SessionInfo/PDF/NCSC/New...
It is recognised that current and capital account flows
invariably involve IFS transactions. The 2007 report of the
committee set up by the finance ministry has estimated that
even under conservative assumptions, purchases by Indian
households and firms of IFS will be nearly $50 billion by
2015, and could exceed $120 billion by 2025. It also
highlighted that if India does not develop IFS in India by
2015 then every year India would lose US$ 50 bn to other
countries.
If India builds an International financial center, with
suitable rules and regulations, the earnings out of financial
sector exports will surpass that of IT.
Need For Finance City In India
Percy Mistry, (Fmr) World Bank
“Given India's continued economic growth, the financial sector will grow increasingly larger, with a prospect of 10 to 11 million jobs by 2020.”
Need of Global Financial Hub in India
Significant Potential:
• Financial Services Sector transformed over the last decade
• Sector contributes significantly to the Indian economy
• Employs over 4 million people and likely to grow around 10-11 million by 2020
• Represents around 5% of the GDP and will grow to 15% by 2020
• Estimated market capitalisation of over US$ 300 billion and likely to grow over
US$ 1600 billion by 2020
• Offers distinct kinds of opportunities across several product markets
Financial Services Will Continue To Contribute Significantly To The Indian Economy
Core FinancialServices
Capital Markets & Trading
IT for FinancialServices
ITeS/ BPO forFinancial Services
Total
No. of Jobs
(Thousands)
Value add to GDP
(USD Billion)
Market Capitalisation
(USD Billion)
20202007
2,750-2,900
7,400-7,600
30-35
240-250
175-190
1,150-1,250
4-5
19-20
0 -1
8-10
6-7
65-75
500-600
2,000-2,200
14-18
100-120
80-90
300-375
175-225
750-850
3-4
25-35
11-16
100-150
3,500-3,700
10,000-11,000
50-75
375-425
275-325
1,600-1,800
Source: McKinsey & Company
*Value Add defined as PAT + operating expenses;
**Includes Institutional equities, investment banking, private equity and hedge funds; does not include retail brokerage which
has a potential of 1 million jobs by 2020
GIFT: A Global Financial Hub
• Globally benchmarked • Globally benchmarked
International Finance Centre
• Strategically located
• Central business hub
indirect jobs
• Central business hub
0.5 Mn direct & 0.5 Mn indirect jobs
• Targeting Financial Services & • Targeting Financial Services &
IT/ITeS sectors
• First of it’s kind development in • First of it’s kind development in
scale, scope and quality
• State-of-the-art infrastructure
1. National Financial services operations’ hub
2. Regional/functional headquarters for financial services players
3. International Hub for Insurance & Reinsurance
4. Private Banking hub for NRIs/ Regional HNWs
5. International microfinance hub
8. Global Hub for IT services for Financial services sector
9. Global Hub for BPO services for Financial services sector
6. International commodity trade hub
7. Participation in global capital markets
Source: McKinsey Analysis
Defined Positioning of GIFT
Capital Markets and Trading
IT Services
ITeS/BPO Services
GIFT is being developed to Catalyse India’s Largest
Financial Services Potential By Offering World-class
Infrastructure To Attract Top Talent In The Country
To target 8-10%
of financial
services
potential in India
Creation of
1 million direct
& indirect jobs
Up to 90 million sq.
ft. of real estate
office and
residential space
The Concept
Core Financial Services Financial services
corporate centre
Financial services operations
Select product markets
GIFT’s Target Business Segments
GIFT an Integrated Development
Overall Connectivity/ Transport:• External Connectivity includes
MRTS / BRTS/ Roads• Public-Private Modal Split 90:10
Integrated Residential Development:• Well-planned residential housing
projects• Walk-to-work
Smart Business Environment:• Benchmark office, high-rise district
with landmark buildings
Social Infrastructure:• International Exhibition Complex• Educational Institutes• International and Domestic
schools• State of the Art Hospital• Training School• 5 star Hotels and Business Club
Retail Cum Entertainment Hubs:• High quality entertainment malls• Large river front entertainment development• Over 60% of the green Space
Basic Infrastructure:• Uninterrupted and highly
reliable power supply (99.999%)
• Next generation water & waste management, district cooling
Technology:• Broadband FTTP• WiFi / Wimax• Shared IT Services• Global Connectivity
PROACTIVE URBAN
GOVERNANCE
Strategic Location - India / Gujarat
Centrally located in the state of
Gujarat in Gandhinagar
12km From Ahmedabad
International Airport
On the bank of River Sabarmati
Delhi
Mumbai
DMICDMIC
Eco System in Surrounding of GIFT
All major facilities are available within a 30 minute drive from GIFT in the Ahmedabad
– Gandhinagar area…
Ahmedabad International Airport
Sangath Skyz
Township
Lemon Tree Hotel
Fortune Inn
Courtyard Marriott
Cambay Grand Hotel
Gandhinagar Fire
Station
Kensville Golf Club
80 km
Infocity club
Acropolis Mall
Gandhinagar Mega Mall
Hyatt Residency
Radisson Blu Hotel
Housing
Hotels
Malls/ and Multiplexes
Recreation and sports cubs
Infrastructure and Amenities
10 km 20 km 30 km 40 kmGodrej Garden city
Gandhinagar
Ahmedabad
N
Indroda National Park
Education
Delhi Public School
Euro Kids pre-school
Ahmedabad International School
Shantigram
Township
Iscon Mall
Mahatma Gandhi International School
Implementation Structure
GIFT a Government of Gujarat projectGIFT a Government of Gujarat project
Being implemented by an SPVBeing implemented by an SPVGujarat International Finance Tec-City Company Ltd. (GIFTCL)
Incorporated on 21st June, 2007
&
Infrastructure Leasing & Financial Services Ltd. (IL&FS)
Government of Gujarat Through
Gujarat Urban Development Company Limited (GUDC)
A Joint Venture ofA Joint Venture of
To be contracted out by GIFTCL/ GIFT SEZinducting latest technology
Implemented through a series of entities /agencies to provide a seamless framework.
Each SPV would be self-sufficient on a stand-alone basis. As a strategy, the Company wouldconsider taking a stake in some of the SPV’s
Objective to plan, design, develop, finance, construct, operate and maintain the GIFT AreaGIFTCL/ GIFT SEZ
BuildingsBuildings InfrastructureInfrastructure&
City Management
GIFT District Cooling Systems Limited
GIFT Water Infrastructure Limited
GIFT Waste Management Services Limited
GIFT Power Company Limited
GIFT ICT Services Limited
Development Rightsprovided under aDevelopmentagreement
Developmentguidelines providedas per GDCR andUDAS
Unique opportunityfor developers toredefine theirdestination
Urban Design andaesthetics to bemaintained
Developers/ Developers/ Institutions
Consultants, Experts
GIFT Institutional Arrangement
Utility management Utility management
GUDCGUDC IL&FSIL&FS
Joint Venture Agreement
GoGGoG
Master Plan Area : GIFT Will Spur Development In The Region
Integrated TownshipsIntegrated Townships
GIDC CONVENTION CENTRE
RIVER FRONT DEVELOPMENT
Knowledge CityKnowledge City
GIFTGIFT
GIFTExpansion
Zone
GIFTExpansion
Zone
GIFT : A Single Window Clearance
• GIFT Urban Development Authority (GIFTUDA) -
constituted for well planned urban development of the
area.
• GIFT Notified Committee - constituted for the better
management at city level.
Associated Infrastructure, Housing and Social Facilities
Multi Service SEZ with IFSC Status
Domestic Finance Centre/ Corporate Office/
Trade Centre
GIFT Business Structure
IFSC in IndiaIFSC in India
Govt. of India approved GIFT Multi Services SEZ as an Govt. of India approved GIFT Multi Services SEZ as an International Finance Services Centre.International Finance Services Centre.
GIFT is the only approved IFSC in India.GIFT is the only approved IFSC in India.
2: Corporate Treasury
Management
Managing Foreign Exchange Transactions
Hedging Operations Raising and Investing of
Cost
1: Offshore Banking1: Offshore Banking
Foreign Currency Lending Taking of Deposits Issue of Securities Over the Counter (OTC)
Trading in Derivatives for Risk Management and speculative purposes
Venture Capital
4: Securities Trading
Regional financialexchange
Securities Trading
Futures and Options
Trading Commodities Trading
3: Fund Custody, Administration and
Custody
Custody of Corporate Funds
Trust Companies Asset Management Hedge funds Investment Counsellors
and Portfolio Managers
5: Insurance, Assurance 5: Insurance, Assurance and Reinsurance
Life and Non-Life Insurance business
Assurance CompaniesCaptive InsuranceReinsurance and related
operations
6: Others
International Business Companies Back office operations Ship Management & Maritime
Operations Export Finance Companies
Companies involved in Lending
activities, Trade finance activities, International Leasing, Foreign Exchange dealers, International factoring
Representative offices Money Changers and brokers
Activities in GIFT IFSC
GIFT: Master Plan
Tapas Udyan
Udyan Path
Diamond Tower
GIFT ONE
Metro Stations
Samruddhi Sarovar
Hospital
CBSC & International
Schools
Hotel
GIFT TWO
WTC
Bridge under Construction
Non-Processing areaSEZ
Processing areaSEZ
Access Road
BapasitaramJunctionExisting
Shahpur Bridge
BUA : 62 mn.sq.ft.
Additional 22 Million to be developed after removal of height restriction by AAI
Building Use
Commercial : 67% (42 Mn SqFt)
Residential : 22% (14 Mn SqFt)
Social : 11% (6 Mn SqFt)
GIFT City Perspective on Smart Eco-System
GIFT’s vision and its value
propositions for development,
business and living are the driving
factors in defining and implementing
Smart City
GIFT Smart Environment
Landscape of
Smart Buildings
networked
Commercial Buildings
School
Exh. / Conv.
Centre
Residential
Buildings
Hospital
Transit Node Stations
Hotels
Multilevel
Parking
GIFT Smart Infrastructure
Integrated infrastructure for better diversity
Smart Technology ensuring energy conservation
All utilities /services to be coordinated through single agency
INFRASTRUCTURE FACILITIES/
SERVICES
o Roads and Transportation
o Water Systems
o ICT
o Power Generation and Distribution
o District Cooling System
o Domestic Gas Distribution
o Waste Management Systems
o Landscaping
Transport Vision
• High share of public transport
• Transit oriented development
• Combination of external and internal
mass movement systems to achieve
the transport hierarchy
• Intelligent Transport System
• Aiming for a zero fatal accident city
• Multi Level Car parking
• Pedestrianised Oriented Internal
Movement
External Road Connectivity
(by Government of Gujarat)
Existing Bridge
Southern Bridge(under implementation)
Road -IA
Road -ID
Road -IB
NH-8
To
wa
rds
Ra
tan
pu
r
Internal Transportation
MRTS corridor
Major RoadsArterial RoadSub-Arterial Roads
Walkability
through travellators
500 mtrs
Walkability
through travellators
Elevated Walkways
Interactive road mapsInteractive road maps
Road condition systemRoad condition system
Automatic vehicle location Automatic vehicle location and tracking
Real Time Travel ResponseReal Time Travel Response Parking ManagementParking Management
Transit Node ManagementTransit Node Management
Ridership analysisRidership analysis Accident reporting Accident reporting Safety managementSafety management Asset ManagementAsset ManagementVehicle emission monitoringVehicle emission monitoring
GIFT
MLP-I
MLP-II
MLP-III
MLP-IV
MLP-V
MLP-I
MLP-II
MLP-III
MLP-IV
MLP-V
SMART Transportation
GIFT- Road 8C
Water Infrastructure
Quality Water- can be drunk
from any tap
Storage of surface run-off &
rain water
Approach towards making
the project water neutral
Utility MonitoringUtility Monitoring
MeteringMetering
ControllersControllers
Leak Leak Detection
SMART Water InfrastructureSMART Water Infrastructure
Drink from Any Tap
Raw Water from Narmada
Canal
Reservoir
WTP
STP
Waste Water
Filtered Water
Waste Water
Water with sludge
Waste Water
Waste Water
Makeup for Water Bodies
RO Plant
Domestic
Uses
Cooling TowerFlushing Tower
HorticultureSoftening
Plant
District Cooling System
Total Cooling Load - 2,70,000 TR
• Efficiency through economies of scale
• Reduces energy costs
• Reduces maintenance costs
• Improves air quality and temperature
control
• Reduces noise and vibration
• Conventional AC System not required
• Monitoring District Cooling Plant System
• Simulation of cooling/energy
requirements
• Analyze interface with distribution/usage
for both the supply and return elements
• Evaluation of extensive economic
scenarios
• Safety Management, Emergency response
DCS Control Centre- Smart Infrastructure
Solid Waste Management
• Maximise resource recovery / minimal emissions
• Minimise impact on environment, human intervention, space requirement, impact on health hazard
• No waste visibility
• Power neutral
Automatic Collection, Transportation and Segregation System
1. The waste is thrown into a disposal chute
2. Computer controlled access
3. Waste sucked through pipes at a speed of 90 km/hr
4. Treatment through plasma gasification
• Monitoring E-Waste;
Bio-medical, Hazardous
Waste handling system
• Monitoring Central
Waste Handling Facility
• Monitoring Residual
Waste handling, rejects
• Safety Management,
Emergency response
1
32
1
Power Infrastructure
Underground cabling for power distribution within GIFT
Substation and Distribution Automation
Indoor Substation
1. Gas Insulated Switchgears(GIS) substation for sub-transmission and distribution within GIFT
2. Compact substation (CSS) in building
Total Power Requirement- 750 MVA (from dual source)
Emergency Power generation (Gas Based) - 150 MW
Green Power
Reliability – 99.999% which means outage of 5.3 minutes/annum
Power Control CentrePower Control Centre
•• Power supply monitoring
• Power loss minimization
• Grievance redressal system
• Power consumption and efficiencymonitoring
• Emergency Power supply monitoring
GIFT Vision Create a world class financial city by offering an unrivalled business
environment to global and local financial services enterprises.
Create leading-edge infrastructure, services and platforms and offer
financial services enterprises a significant competitive advantage to
operate regionally and globally
GIFT ICT
“Best in Class”
Customer Experience
Gateway to Financial
Markets
Secure & Resilient
ICT Environment
Cost-effective ICT
Pre-enabled on demand Infrastructure
GIFT ICT Vision
GIFT Occupants would have access to following ICT Services
GIFT ICT Vision
• High Speed Fibre
• Network
• Diverse Local and
International
Connectivity
• Pervasive
Wireless and
Mobile Network
• Data Centres
• Financial Extranets
• CUG to Exchanges
• Voice
• Industry Specific
Platforms
• City e-Portal
• Sensor Networks
• IPTV Internet Gateway
• Data
• Voice
• Wi-Fi
• Tier-4 Data Centres
• Business Continuity
• Security
• High Speed Internet
Access
• Monitoring
INFRASTRUCTURE PLATFORMS SERVICES
City Control and Command Center (C4)
Control Center(Transport)
Control Center (Water)
Control Center(SWM)
Control Center(DCS)
Control Center Building Package-A
Control Center Building Package-B
Control Center Building Package-C
Control Center Building
Package-nth
Security & Vigilance
Control Center
Central Command & Control
City Command Center would take critical live feeds from all Control Centers• City Command Center would take critical live feeds from all Control Centers• Enforce Control Centers to take remedial actions in case of emergency
• Samruddhi Sarovar (Master BalancingReservoir)
• Food courts: Restaurants, Eateries, Dining• Gathering spaces for concerts and events,
Promenades• Water sport activities• Retail Facilities• Walkers paradise: jogging track, viewing points• Light and Sound show, Fountains, Water Shows
Samruddhi Sarovar- An Entertainment Zone
Buildings in GIFT
• 110 Buildings
• 2 Landmark Buildings (Height- above 350 mt)
• 19 Buildings (Height- 150 mt to 300 mt)
• 73 Buildings (Height- 100 mt to 140 mt)
• 2 Schools – International and Domestic Board
• 214 Bed Hospital
• Hotels (5000 rooms)
All Buildings in GIFT will be GREEN AND SMART BUILDINGS
GIFT Offering
GIFT would create an ecosystem which is conducive towards building a Global Finance
and IT-ITES Hub
International
Financial Service
Centre (IFSC)
Commodity Exchanges
Global trading exchanges
Insurance
Banking
IT/ ITES ITES/ KPO
Major Financial Services Hub
NetworkDatacenters
Managed Application
State of the art ICT Infrastructure
Hardware
Residential / Educational/ Entertainment facilities
International Schools
Hotels
Luxury Housing
Golf Course Retail
Plug and play facilities/ Incubator Cells Recruitment and training services Statutory clearances
Support
Talent Resource pool Social Infrastructure
Investment Opportunities in GIFT
- Setting up units in the field of the Financial services, BPO, KPO, IT/ ITES and Capital Markets & Trading
- Setting up of export oriented services units in GIFT SEZ
- Business Spaces- Commercial and residential high-rise buildings in SEZ and Non-
SEZ area- International & Domestic Enclaves:
Banking, Insurance, Technology, Corporate, Exchange
- Infrastructure Development - Participation in development of infrastructure and Social facilities
Allotments at GIFT City
World Trade Centre
1.0 Mn Sq Ft
Local Head Quarter
0.2 Mn Sq Ft
200 Beds Hospital
0.25 Mn Sq Ft
Residential Tower
0.4 Mn Sq Ft
Residential Tower
0.15 Mn Sq Ft
Phase I – Allotment completed for 10.6 mn. sq. ft. of BUA
7.77 Mn Sqft
Commercial, Residential & Social
ICSE School
0.1 Mn Sq Ft
Tier IV Data Centre
0.1 Mn Sq Ft
Global Insurance
Training Centre
0.2 Mn Sq Ft
Five Star Hotel & Club
0.4 Mn Sq Ft