A Presentation on Special Economy Zone: Mundra Port

Presented by:

RANU JAIN (ROLL NO 47) NEHA SURANA (ROLL NO 35) JIMIT PARIKH(ROLL NO 23) TARAK CHAUHAN(ROLL NO 59)

Content
Company profile
History Vision & Mission

Details of Mundra Port

Introduction of SEZ Objectives of SEZ Mundra SEZ Govt Policies Future Prospects

Company profile
The company was renamed as Mundra Port and

Special Economic Zone Limited, to reflect the nature of business

Mundra Port provides cargo handling and other value-

added port services. Mundra SEZ is Indias first portbased multi-product SEZ.

History
Mundra Port and Special Economic Zone Ltd is part of the

legacy of more than 4,000 years of Indian maritime glory. the deep draft multi- purpose ports on the western coast of the country. the fastest growing professionally owned enterprises in India and in the global arena. a diversified conglomerate is fast, yet memorable.

Today, it has developed state-of-the-art facilities and has one of

The Adani Group, despite a humble beginning in 1988, is one of

The journey from a being a Indias most trusted trading house to

vision
To be globally preferred associate ,an organization

having responsible concern for employees, society, stakeholders

Mission
To acquire ,develop and manage knowledge ,to apply

this across our business for benefit of stakeholder to do profitability

Details of Mundra Port

The Port of Mundra is Indias biggest private port.

Located in the Kutch district of the state of Gujarat, Mundra lies on the north shores of the Gulf of Kutch about 50 kilometers south of Anjar and 44 kilometers east the Port of Mandvi. The Port of Mundra is not only a private port, but it is also a special economic zone. It is Indias first multi-product port-based special economic zone (SEZ)

 Incorporated in 1998 as Gujarat Adani Port Limited

(GAPL), the company began operating in 2001. The Mundra Special Economic Zone was incorporated in 2003 and was merged with GAPL in 2006. The combined company was renamed Mundra Port and Special Economic Zone Limited.

What is sez
This policy intended to make SEZs an engine for

economic growth supported by quality infrastructure complemented by an attractive fiscal package, both at the Centre and the State level, with the minimum possible regulations

What does sez covers ?

Free Trade Zones(FTZ) Export Processing Zones (EPZ)

Free Zones (FZ)

Free Ports, Urban Enterprise Zones and others

Industrial parks or Industrial Estates (IE)

Goal
Usually the goal of a structure is to increase foreign

direct investment by foreign investors, typically an international business or a multinational corporation (MNC).

Why sez introduced

The need to enhance foreign investment and promote

exports from the country they announced the introduction of Special Economic Zones policy in the country As of 2007, more than 500 SEZs have been proposed, 220 of which have been created India passed special economic zone act in 2005

 In India, the government has been proactive in the

development of the SEZs

They have formulated policies, reviewed them

occasionally and have ensured that ample facilities are provided to the developers of the SEZs as well as to the companies setting up units in the SEZs

Objectives of the SEZ Act

I.
II. III. IV. V.

generation of additional economic activity promotion of exports of goods and services promotion of investment from domestic and foreign sources creation of employment opportunities development of infrastructure facilities;

Connectivity to Mundra Port

Road

Mundra Port is about 65 km from Bhuj and 400 km from Ahmedabad. It is easily accessible by the national highway Rail Mundra Port is well connected to the Indian railway network. The port has 7 railway sidings and two dedicated diesel locomotives It can handle double stack container trains A 64 km private railway line has been developed which connects the port with the national network at Adipur.

 Air The nearest commercial airports to Mundra Port are at Bhuj (65 km) and Kandla (60 km). Mundra Port itself has a private operational airstrip that is suitable for landing mid-size jets.
Pipeline Because of the distance advantage over large ports like the ones at Mumbai, Mundra is a port of choice for crude and other liquid cargo bound for the northern hinterland including the refineries of Punjab. Pipelines have been laid to Bhatinda, etc

Corporate Info
Mundra Port and Special Economic Zone Ltd is

promoted by the Adani Group.

The Adani Group started as a trading house in 1988

and has since grown to become one of India's most trusted and fastest growing conglomerates with diverse ventures spanning Commodity Trading, the Development of Infrastructure and Energy

Mundra SEZ
The Adani Group promoted Mundra Port and Special

Economic Zone (MPSEZ) is Indias largest port-led SEZ. Positioned on the west coast of India, the port and SEZ is ideally situated for exports to African, Middle Eastern and western countries besides being conveniently located to service the huge hinterland of northern India

 Leveraging the advantage of the port, the MPSEZ is

being developed over an area exceeding 100 sq km as a privately operated multi product, large format, diversified special economic zone approved by the government of India The MPSEZ offers world class infrastructure for those who want to establish an industry in this special economic zone

Competitors
Kandla Port Trust
Pipavav Port Mumbai Port Trust

JNPT and other minor ports of Gujarat Maritime Board

(GMB) carrying out Lighter age operations

Social Infrastructure
We understand that development of physical infrastructure

alone cannot usher in overall development at the desired level if the social infrastructure is not simultaneously developed.

Social infrastructure or the system of social services, networks, and facilities that support people and healthy communities means ensuring necessities like quality health care, education, adequate income, shelter, safety, recreation, and cultural expression. We at MPSEZ have provided top most priority to developing social infrastructure, which in turn will provide jump start to units in our SEZ

Other developments
TThe company has successfully commenced operations at

its 60 million tonne fully mechanized coal handling terminal at Mundra. With this MPSEZ's total handling capacity stands at more than 115 million tones at Mundra. This fully mechanized coal handling facility is the world's largest coal receiving terminal, which may be expanded to 100 MMTPA in the future. MPSEZ won the rights to develop an coal import terminal at the Vizag port on the east coast of India. MPSEZ wins bid for Australia Coal Terminal for Australian Dollor 1.8 billion. The terminal is fully mechanized port which has capacity of handling 50 MMTPA and scope of addition upto 80

Port Commerce
The Port of Mundra and SEZ hopes to be a global

player and preferred partner that pursues innovation in business, technological, and commercial areas. It strives to add value to partners activities and efforts while also reducing its impact on the environment. The Port of Mundra and SEZ is responsible for acquiring, developing, and managing knowledge As a private port, the Port of Mundra also seeks to ensure tangible and intangible profits

Government Policies
The Government of India through the SEZ Policy has made

available a basket of Incentives, Exemptions, The benefits available under the SEZ Policy essentially translate into Reduced Cost of Infrastructure, Utilities, Raw Material, Capital, Manpower and Operation Ease. These Baskets of Benefits available to the Developer and the Units are aimed at enabling Global competitiveness.

LEGISLATION GOVERNING SEZs

The SEZs in India are governed under the following

legislation of the Govt. of India. SEZ Act of the Govt. of India, June 2005 SEZ Rules, February 2006 (under the SEZ Act, June 2005) Mundra SEZ in addition to the above is also regulated by the Gujarat State SEZ Act, March 2004.largest Private SEZ to be notified by the Government of India.

Milestones
1998 Incorporated as Gujarat Adani Port Ltd.
2001 Start of commercial operation. 2003 start container terminal 1 ( Operated by MICT)

2006 merged MSEZ and got approvel for multi

product Special Economic Zone. 2007 Container Terminal 2 0perational

Future Prospects:
Mundra Port to set up coal terminal at Vizag Port
Future plan Mundra Port & Special Economic Zone

plans international airport, awaits government nod Mundra Port and Special Economic Zone (MPSEZL) would invest Rs15000 crore in development of a modern coal handling terminal, a container terminal, a port with dry and bulk cargo berths and liquid cargo berths at the Mundra port in Gujarat. The company intends to start commercial operation of the proposed facilities in a phased manner from 2011 onwards

 As per recent reports, the promoter Adani group plans

to pump in around Rs 6,000 crore over the next five years for expanding the Mundra port. The company had in November 2008 signed a memorandum of understanding (MoU) in Mumbai for setting up a dedicated automobile terminal with Nippon Yusen Kaisha (NYK) of Japan and Wallenius Wilhelmsen Lines (WWL) of Norway

 Mundra Port and Special Economic Zone (MPSEZL)

has entered into memorandum of understanding (MoU) with Government of Gujarat represented by Gujarat Maritime Board (GMB) at Vibrant Gujarat, Global Investors` Summit 2009 for expansion and development of new facilities in Gujarat involving investment of approximately Rs150 billion. MPSEZL intends to commence commercial operation of proposed port facilities in a phased manner from 2011 and onwards.