Infopark Hub and Spokes Cherthala (SEZ) Spoke Details

Kochi Phase II
Kochi Phase I
Koratty
Cherthala
Infopark Hub and Spokes
Cherthala (SEZ) Spoke Details
1
About Infopark, Kochi
•  Infopark vision is to provide a holistic enabling
environment to make knowledge industry
intrinsically competitive and world class in Kerala
•  Autonomous society under the Government of
Kerala, Information Technology (IT) Dept
•  4 IT parks with 3.4 million sqft built up area
•  350 acres of land, 200 acres developed
•  100+ Companies and around 17,000 employees
•  Exports: Rs 11 billion (2011-2012). 40% YoY
growth
•  Co-Developers: L&T, Leela soft Group, Wipro, IBS,
TCS & Brigade
•  Special Economic Zone - (17% to 21% Tax
benefits)
•  Major companies: Wipro, TCS, Cognizant, Ernst and
Young, Xerox ACS, OPI, Arbitron, IBS, etc
2
Where are We
Infopark, Kochi
Infopark Hub and Spokes
•  Kerala is known as a single
continuous urban population due
to its good social infrastructure
and quality of life in rural areas
•  Hub and Spoke model was created
to tap Kerala’s unique advantage
of uniform talent distribution,
infrastructure and supporting IT
platform such as telecom, datacom
and OF networks
•  Retain cost competitive yet quality
infrastructure
•  Cherthala and Koratty are spokes
of Infopark
•  Spokes are 50 minutes of drive
time - north and south of Hub
Kochi
•  Well connected by rail and road
3
KOCHI FIRST PHASE
Workplace of 17,000 people
3.4million sqft
80 companies
4
KOCHI SECOND PHASE
160 acres, $600 million investment
8 million sqft planned in 6-8 years
80,000 jobs
5 by Dec 2013, SEZ land parcels available now
*Under construction, built up space available
6
•  Started in 2011
•  60 acres of IT SEZ development
•  Developed Land parcels for long
terms lease (PPP Model)
•  Basic infrastructure like roads,
power, water , common STP.
•  Common amenities like banks,
restaurants, working women’s
hostel , guest house, etc
Availability
•  250,000 sq.ft IT block is
available
•  50 acres of land
Current Occupancy
•  3 companies with around 120
INFOPARK CHERTHALA
(SEZ)
employees
•  2 companies starting in Sep 2012
6
Infopark Cherthala - Adjacent to beautiful
Resorts and Vembanadu Kayal (lake)
•  40km and 50 minutes of drive south of
Infopark, Kochi
•  500m from vembanadu lake water front
•  In the middle of backwater resorts
•  20 km to Kumarakam resorts
•  10 km to cherthala railway station
7
Infopark Cherthala - Destination designed
for low cost Operations (1/2)
Park 66 acres, 60 acres of SEZ
Main Gate
2.4 lakh sft
building
110 KV substation
STP
8
Incubation
Infopark Cherthala - Destination designed
for low cost Operations (2/2)
• Building Specification
• Power
•  10 MVAx2 Substation
•  DG: 1010kVA x 2 nos
•  Approx Rs 4.50/unit*
•  99% of the time grid power
•  Infopark is the power licensee
•  Design provides 90% building
efficiency
•  Total built-up area: 2,40,000
sft (G+3 Floors)
•  Floor plate: 60,000 sft
•  Elevators: 20 pas x 6 nos
•  Chiller unit: 300 TR x 2 nos
•  A/C Tap off in each floor 150
TR
• Water
•  Free
•  800 KL sump and 400KL OHT
• Sewage Treatment Plant
•  400KL per Day
9
•  Data Connectivity
•  BSNL
•  Reliance (under construction)
Infopark Cherthala - Talent Availability
70% staffing
from 4 districts
Infopark
Cherthala
From 4 adjacent districts
•  Target 70% of staffing with less than 3%
attrition
•  115 arts & science and 42 engineering
colleges with more than 26,000+
graduates(including ekm district)
•  15 colleges & 3 engineering colleges within
15km radius
From entire Kerala
•  Target 20% of staffing with less than 8% of
attrition
•  1,80,400 graduates in kerala
•  50,000+ eng graduates in kerala
From Southern Tamil Nadu
•  Target 10% of staffing with less than 12% of
attrition
10
Cherthala and surroundings
Location Study
•  People
•  Middle class, well balanced between rich
and poor. The neighborhood is upbeat
about Infopark operating in cherthala
•  Lower cost of man power
•  Schools & Colleges (10 km radius)
•  15 colleges
•  20+ schools
•  Hospitals around cherthala
• They found that around 700 of
their employees (Bsc
graduates) were daily
commuting form this area to
Infopark Kochi.
•  20+ hospitals
•  Resorts (30 km radius)
•  Countless!!!
•  Hostel
•  1 women's hostel in nearby
•  Police/Fire Station
• Their conclusion was that
letting these employees work
from their hometown will
increase their productivity,
lower the attrition and reduce
transportation
•  10km in Cherthala
•  Salary
•  BPO Kochi average salary is less than
10,000 for 1-3 years
•  Well Connected
•  Frequent Bus to Infopark
•  Railway station 10km
•  Airport 60km
• A study was conducted by one
company in Infopark during
their internal evaluation to
open a campus in Cherthala as
their low cost spoke
11
Infopark Cherthala - Destination designed
for low cost Operations – commercials
• 
Rs 15/sqft warm shell
•  25,000
sqft minimum space otherwise Rs 19/
sqft
•  Rs 5/sqft- maintenance charges
•  15% rent increase every three years
• 
Rs 6 million/acre (~ $110K) for land
•  90
year lease
12
How much you will pay for rent in 2025?
Year 2013-­‐2015 2016-­‐2018 2019-­‐2021 2022-­‐2024 Cochin (Rs) Cherthala (Rs) 25.0 28.8 33.1 38.0 15.0 17.3 19.8 22.8 With 15% increase in rent in every 3 years
and starting rent of Rs 15/sqft, the rent 10
years down the line would be still less than Rs
20/sqft..
13
14
Amenities
1.  Working Women’s Hostel
(Under Planning)
•  Expecting Grant from
Rural women’s welfare,
government of India
•  Accommodate 300 people
Artist View of Working Women’s
Hostel and Guest House
2.  Common Cafeteria (work
ongoing)
•  18,000 sqft
•  Accommodate 700 people
•  Multiple vendor
3.  Banks & ATM (work
ongoing)
4.  Shops (work ongoing)
5.  Guest House (under planning)
•  BOG approved – yet to start
15
THANK YOU
Contact [email protected]
16