Minutes of the 5th Meeting of Unit Approval Committee of M/s ... - STPI

Minutes of the 5 th Meeting of Unit Approval Committee of M/s. Gurgaon Infospace
Ltd., S E Z (IT/ITES) at Gurgaon held on 07.12.2009 under the Chairmanship of
Development Commissioner, SEZ (IT/ITES), New Delhi
List of participants is enclosed (Appendix).
Development Commissioner welcomed all the participants. The agenda items listed for
consideration were discussed as follows:-
AGENDA ITEM NO. 01
Presentation on developmental status of SEZ by the developer
The representative of the developer made a brief presentation on the current status of
development and informed that two new units are being approved which will boost up
exports from the zone. There is no non-processing area and a 10MW power plant is already
in position. A joint venture has been signed with NTPC for gas based power plant.
AGENDA ITEM NO. 02
Approval of list of materials.
The committee considered the proposal dt. 24/11/2009 of M/s. Unitech Developers &
Projects Ltd. (Co-Developer of M/s. Gurgaon Infospace Ltd., SEZ, Gurgaon) for
procurement of material/goods for development of built-up processing area of 3 lac sq.ft. in
Block No. I & II of the zone and approved the same.
AGENDA ITEM No. 03
Approval of list of materials.
The committee considered the proposal dt. 30/11/2009 of M/s. Unitech Developers &
Projects Ltd. (Co-Developer of M/s. Gurgaon Infospace Ltd., SEZ, Gurgaon) for
procurement of material/goods for development of built-up processing area of 3 lac sq.ft. in
Block No. I & II of the zone and approved the same.
AGENDA ITEM No. 04
Approval of list of materials.
The committee considered the proposal dt. 24/11/2009 of M/s. Gurgaon Infospace Ltd.,
SEZ, Gurgaon for procurement of material/goods for development of built-up processing
area of 3 lac sq.ft. in Block No. I & II of the zone and approved the same.

AGENDA ITEM No. 05
Approval of list of materials.
The committee considered the proposal dt. 30/11/2009 of M/s. Gurgaon Infospace Ltd.,
SEZ, Gurgaon for procurement of material/goods for development of built-up processing
area of 3 lac sq.ft. in Block No. I & II of the zone and approved the same.
ADDITIONAL AGENDA ITEM NO. 01
Application for setting up of a SEZ unit by M/s. RBS India Development Centre Pvt. Ltd.
in M/s. Gurgaon Infospace Ltd., SEZ, Gurgaon.
The representative of the company made a brief presentation about the past background and future
planning and informed the Committee that RBS is one of the largest financial services company
operating in 100 countries mainly in IT sector. It is already operating three STP units in Gurgaon and
Chennai for providing software development and support services for exports with employee
strength of 1600. It proposes to extend into SEZ regime with another 600-700 people. The company
develops the software only for need and requirement of its parent group company globally. The
Committee noted that projected exports of the SEZ unit have been indicated as Rs. 932.36 Cr. with
NFE of 878.74 Cr. and investment in plant & machinery would be Rs. 1.61 Cr. (indigenous) & Rs.
19.09 Cr. (imported) over a period of five years.
The Committee approved the proposal after a brief discussion.
The meeting ended with a vote of thanks to the chair.