Gujarat International Finance Tec City A Global Financial Hubmp.ghmc.gov.in/SessionInfo/PDF/NCSC/New...

40
Gujarat International Finance Tec City A Global Financial Hub

Transcript of Gujarat International Finance Tec City A Global Financial Hubmp.ghmc.gov.in/SessionInfo/PDF/NCSC/New...

Gujarat International Finance Tec – City

A Global Financial Hub

Shri Narendra Modi

Hon’ble Prime Minister of India

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

Utility Tunnel Alignment

Connectors/ Feeders

Trunk line for DTA

Trunk Lines in SEZ

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

Development at GIFT

Thank you……Thank you……

Prakash GaurM: +91- 9909961323

Email: [email protected]