Society is an organization which is helping entrepreneurs who want to set up their organization
or business in the state of Andhra Pradesh.
I'm an Indian by birth, but an American by my passport.
So I live in New Jersey, but I recently moved back to Andhra Pradesh to help this state.
The Aegean Arti Society has been established with three primary objectives, that is to
help in the investments of Andhra Pradesh, provide services to the non-resident Indian
Telugu community back home in India, and also help the villages to flourish with some procedures
and practices that are the best practices.
So these three areas is what we are focusing on, and the investments is a very key part
of our strategy in bringing investment and thereby employment into the state of Andhra
Pradesh.
And the Andhra Pradesh is a new state that has been created by dividing the previous state
of Andhra Pradesh into two parts, one the Hyderabad-based Telangana and the other part
of the first part of Andhra Pradesh, which is now the new state of Andhra Pradesh.
So we are here to invite you for the state of Andhra Pradesh.
That's our primary goal here.
Why Andhra Pradesh?
These are the areas which will excite you to be part of the growth story of Andhra Pradesh.
We have a great physical infrastructure which we are building.
We have excellent skill base, in fact, most of the tech employees are the tech man power
that you see, either in the U.S. or abroad, you know, other parts of the world, like Europe.
Actually, you know, many of, the majority of the technical skill set that you get abroad
is from Andhra Pradesh, the costal parts of Andhra Pradesh.
And also we have the best of the practices for ease of doing business.
And also the policy interventions, we have plenty of policies to excite you.
And we have a revolutionary leader, Mr. Chandra Bhavanidu, who is the Chief Minister of Andhra Pradesh,
who is the key architect of this great city of Hyderabad and also the elsewhere state of Andhra Pradesh,
who is the current Chief Minister of this state.
And we have excellent administration, the responsive administration.
And also the role of APNRT is to be your representative within the government.
Like, you know, we are like your internal lobbyists to help you to set up shop in the state of Andhra Pradesh.
Without you having to pay for it, you know, basically we will help you to get there for any licenses, permissions,
or get you any land or investment, you know, that kind of thing.
So that's what our role is.
Why Andhra Pradesh is the eighth largest state, we have about 50 million population and our GDP is about 90 billion.
And we have the longest coastline in the country, we have about 974 km long coastline.
And our marine exports are number one across India.
And we are urbanizing very fast, in fact we are expecting about 60% of our population to move
to the urban areas by 2020.
And we have 24 by 7 power available.
You may say that, hey, you know, why you are talking about power, you know, in these parts of the country, power is a big component, you know.
People who live in US and Europe, probably, you know, you may not feel, hey, you know, why these guys are talking about power, we never lose any power.
You know, that's not this condition here, you know, in these parts of the world.
So the great thing is that we have plenty of power to settle the industry, to settle the business.
And we are building small cities, you know, the Visakhapatnam which is the coastal city of the northeast part of the state,
which is like a Mediterranean, like any Mediterranean city, it's a great city and we have all the infrastructure that's available there.
Another city which we are building, the Amaravati, you know, close to Visakhapatnam, that is another one, which we call it as the People's Capital.
We have a committed government and the ease of doing business, we come as number three in the, you know, among all the states of India.
We are number three state in terms of the ease of doing business and we want to be number one, you know, we are trying to get there.
We have natural resources, you know, plenty of natural resources there, the rural wealth, the coastline.
We have natural resources, you know, plenty of, I mean, the cost of living is one of the lowest in the country.
We have a green field opportunity. What it means here is basically, we need everything.
We have opportunity in every area, either you talk about information technology, archeologistics, manufacturing, or tourism.
Every area we have potential and any industry that you come from, we are looking for your help in setting up shop and setting up industry and setting up business in the state.
And we have a million acre land bank which we can provide if you want to set up an industry and you need a large space to set up your factory or manufacturing facility or distribution network.
We have that.
And we have some of the best policies in other countries.
And these are the various policies which you see in these branches here.
These are the different industrial policies that we have and I will explain briefly as to what these policies mean.
And these are the salient features of having your setup in the state of Angar Pradesh. These are the different things that you get.
These are the various policies under which you will get major benefits if you set up an industry under those industrial segments.
For example, the IT policy, for any of these details, if you want to know the details of these different policies, we can share the policy information to you.
If you can give your email address, we will send it over to you so that we will collect the email address and we will share that policy with you.
This is an example of the IT policy. What do you get?
If you want to set up an information technology company in the state of Angar Pradesh, you get land allotted in the capital of Angar Pradesh.
If you have about 250 employees, you get one acre of land which is a very exciting thing.
Imagine holding a place like this in the state of Angar Pradesh right now because you are the first to enter and you can get the land where you can build a facility like this.
We provide rental subsidy for the rental space. You just want to rent the space and not to build your own thing.
You don't want to put cabx. You can rent the space like this, plug and play space, at 50% of the cost.
Suppose your rental space costs $10 per month and the government provides $5 out of that cost to you for free.
That's a very exciting thing. Imagine 50% of your cost being subsidized.
If your industry is more people focused in this, that means most of your cost is in the manpower like the service industry you are running.
This is another exciting offer. You get up to 1.5 lakh rupees which is about 0.15 million rupees per employee as a one-time reimbursement for the manpower per person.
That's a huge money. If you have, say, 500 employees, that's about 500 million rupees that you are going to get.
That's nearly the entire cost of your manpower. That is what we pay. That is the IT policy.
Similarly, we have other policies. I will briefly cover them. In the electronics policy, we get these benefits.
The 20% debate on the land acquisition cost. If you buy the land, the land is pretty expensive these days.
You get 20% paid by the government for buying the land and the investment subsidy. Additionally, another 5% if you are a woman entrepreneur,
you get 20% subsidy on your entire capital investment. The capital is 20% the government pays for it.
Out of the power that you are going to spend, 50% power subsidy. Out of the taxes that you pay on all these registration centers and your sales,
you can get up to 100% refund of your tax. If your industry is a micro or small or medium enterprise, these are the various benefits that you get.
If you are looking for 1, 2, or 5 acres of land, we can learn that land in the industrial zone.
The advantage of having that in an industrial zone is that it comes with all the infrastructure, the road, the drainage, the power lines, everything.
In the communication facilities, the whole thing comes together at a very reasonable price. You get 50% subsidy on the capex,
any investment that you make in machinery and equipment. You get quality power.
In the industrial zones, they never lose power. In other places, like civil areas, the industrial zones, they don't lose power.
The power subsidy is there. You get 1 rupee per unit up to 5 years to get the subsidy and also the tax remission.
These are the other policies. Briefly, I will just run through them because everybody may not be interested in one of those policies.
But specifically, if you are looking for a specific segment, we can always share the policy information with you.
So industrial development policy. For example, you want to set up an industrial estate, an industrial area, zone by yourself.
You want to build that infrastructure. Basically, you get 100% investment of the duty on the land purchase.
You don't have to pay in a stamp duty or anything for the registration. On the cost of the land admission that you put,
like the electrical, the trans farmers and all that, you get the subsidy.
So Anukvinder State has the best of the logistics. In terms of its geographic location, it is right in the center of the country.
And it is situated on the major regular lines connecting the north to the south, right in the center.
And also connected by three major highways, NH7, NH55 and NH60. All these three highways are connected under the nation.
And we have, as I said, a large land bank, which if you want to purchase some land, we can provide that.
And it provides the total, you know, the low cost of ownership.
When you say the total cost of ownership, because the cost of living for manpower is very low compared to the city of Hyderabad,
where the per month salary for one employee is going to cost, say, $100.
It's going to be only $50 in the state of Amar Pradesh. That is the cost saving you get for the manpower.
Similarly, other things like, you know, red bull costs are much, much less compared to a major city like Hyderabad or Delhi or Bangalore.
And we have excellent investor relations climate, because, you know, there's absolutely no strikes, no lockouts or anything.
You know, it's very friendly people. So that's the most exciting thing. Thank you.
Thank you.
