Question: Where is NAND NAGAR INDUSTRIAL ESTATE located?

Answer: NNIE is located at Kashipur about 210 KM from Delhi and 50 KM from Moradabad (UP)

Question: How to reach NNIE?

Answer:
·Road: via NH 24 Hapur, Moradabad or via Meerut, Bijnor.
·Rail: Kashipur Railway Station is linked to national network via Moradabad.
·Air: Daily flight (Jag son airlines) from Delhi to Pantnagar airport (70 KM)

Question: Who owns the land?

Answer: Jindal Holidays (P) Ltd owns the land. The land is notified & approved for industrial use extending all fiscal and other benefits & concessions for which new industrial units being set up in Uttrakhand.

Question: Is it Lease Hold or Free Hold?

Answer: Unlike many other state sponsored and JV Industrial Parks, which are on leasehold land, the land at Nand Nagar Industrial Estate is complete freehold land.

Question: Who should come and invest?

Answer: All industrial ventures, except those specifically barred (for negative list check www.nandnagar.com website) are eligible for fiscal and other benefits designed to promote industrial growth in Uttrakhand. The Special Industrial Package offered is attracting power intensive industries and manufacturing units with high Excise component. Product segments underlined are best suited for ESIP:

·Food & Beverages
·Pharma (formulation) and Bio Tech ·Electronics
·Light M/c tools ·Auto & Auto Components
·Paper Products & Packaging
·Any industry with high excise or power cost components

Question: What is industrial/ investment environment in the State?

Answer: The region and the State are recognized as peaceful destination with investment over Rs. 30,000 Carores committed. Moreover, it does not have a past record or history of law & order problem, civil unrest, lockouts or any such disturbances. Today all big names in Indian and MNCs operating in India are making a beeline for Uttrakhand.

Question: What are the competitive advantages of NNIE over other opportunities in Uttrakhand or the surroundings?

Answer:
·Free-hold Land
·Customized Plot sizes catering to your requirement
·Most competitive price bracket for developed Industrial land
·High Quality of Developed Infrastructure
·Assured quality and adequacy of water
·Adequate Drainage
·Superior Road geometrics
·Excellent Telecommunication and Internet connectivity
·Adequacy of goods transport infrastructure by road/rail
·Well developed residential and commercial infrastructure for accommodation and convenience of daily living

·Optimum utilization of natural environments and resources of the site
·Highly aesthetic and environment friendly - Green - surroundings through plantation and reclamation

·Integrated Development; one stop solution for your needs

Question: What is the minimum size of the plot?

Answer: Minimum size of the plot is 500 sq. meters.

Question: What are the details for your payment schedule?

Answer: 25% down payment on booking, further 25% with allotment letter and balance at the time of Registry in your name.

Question: What is Uttrakhand competitive advantage in power sector?

Answer: Uttrakhand as a State has the cheapest power (Rs 2.42 per unit an average rate) and in years to come is poised for 10 times power surplus, with UPCL as a source which is best suited for peak load demand.

Question: What about availability of Water?

Answer: Kashipur has abundant ground water resource. Individual units can easily source water from boring.

Question: What is the availability of manpower?

Answer: Uttrakhand is high on literacy, at 72% is well over the national average. The region has G B Pant University, Engineering Institutes, Polytechnics, and IT Institutes, Colleges and schools, to ensure a steady supply of quality manpower.

Question: What is availability of residential & educational facility?

Answer: Kashipur is a thriving industrial and commercial centre; adequate residential and educational facility is available locally.

Question: What about Industrial security?

Answer: Adequate security arrangements will be provided, the Industrial Estate will be protected by Security Guards.

Question: What are development norms for NNIE?

Answer: Detailed Developmental norms (GIDCR 2005) are the same as of SIDCUL and are available on the website www.nandnagar.com In brief, FAR is 1.00 for property of all sizes with ground coverage varying from 45% to 55%, with more ground coverage allowed to smaller plots.

Question: Which is the nearest available ICD / container station / customs clearance facility for exporters?

Answer: The nearest such facility is CONCOR's ICD at Moradabad (around 53 km)

Question: Is the transfer of plots possible?

Answer: Yes, Since we provide Free Hold land.

Question: What industrial uses are allowed?

Answer: For detailed list of permissible & negative industries please refer to Govt. Industry Policy document available on website www.nandnagar.com . For your information all highly polluting or red category industries are not permitted in entire Uttrakhand.

Question: What does the plot price include?

Answer: The plot price includes cost of the developed industrial land inclusive of basic development of access road to the plot, power distribution system, drainage development of green belt, parking area and internet setup.

Question: What other costs are involved?

Answer: The other incidental costs are:
Stamp duty for registration of sale deed (8%)
O&M charges for maintenance of basic infrastructure

Question: Is any loan facility being provided for?

Answer: Commercial Banks in Kashipur and Financial Corporation like SIDBI are keen to finance new units, the investors may approach the institutions directly, if any assistance is needed, the investors may approach the promoters at any time.

Question: Will we be permitted mortgage land for raising finances?
Answer: Yes

Question: Can any Company registered outside Uttrakhand avail the Industrial benefits being offered?

Answer: The basic criterion for availing the benefits is setting up production units in Uttrakhand irrespective of location of registration of Company.

Question: Is stock transfer permitted without payment of taxes?

Answer: It is possible from unit located in Uttrakhand.

Question: Is duty draw back permissible against exports?

Answer: Yes.

Question: Is any set off of inward excise available?

Answer: No, If you are availing excise exemption.

Question: Will we be permitted to opt for payment of excise duty after availing exemption?

Answer: every unit setting up in Uttrakhand and eligible for excise exemption has to opt his choice for availing exemption or payment of duty in every financial year during the package period.

Question: Is any set off of inward VAT available?

Answer: Yes.

Question: What will be the subsidy on Building, Machinery, Land and staff facilities?

Answer: Capital Subsidy is only available to Plant & Machinery with maximum of 30 lacs.

Question: Is there any tax exemption to employees?

Answer: Tax exemption is only available to units