IT / ITS Sector

India is the leading sourcing destination across the world, accounting for approximately 55 % market share of the USD 185-190 billion global services sourcing business in 2017-18. Indian IT & ITeS companies have set up over 1,000 global delivery centers in about 80 countries across the world. India has become the digital capabilities hub of the world with around 75% of global digital talent present in the country

IT/ITeS Sector Growth in India

India’s IT & ITeS industry grew to USD 167 billion in 2017-18

Exports from the industry increased to USD 126 billion in 2017-18

Domestic revenues (including hardware) advanced to USD 41 billion

Spending on IT in India is expected to grow over 9 % to reach USD 87.1 billion in 2018

Sector expected to reach USD 350 billion by 2025
Sector is among the leading employment generators with employing 3.97 million people in FY17, while 105,000 added in FY18

Why Punjab
  • Strong ecosystem with presence of 150+ registered IT units in varied fields like software development, cloud computing, website development, business intelligence etc.
  • INR 820 Cr. of Export in 2017-18 (Including INR 390 Cr. from SEZ)
  • State received INR 1687 Cr. investment in last 4 years (April 2014 till date)
  • Ranked 3rd in India w.r.t Educational Development Index by United Nations
  • 24 hrs. shift allowed for Men and Women
  • No Lockouts / Strikes in past decade
Skilled Human Capital Available
  • 6 Multi-Skill Development Centers commissioned in Ludhiana, Amritsar, Bathinda, Hoshiarpur and Shri Anandpur Sahib district
  • 6000+ student graduating in IT and allied fields
Students Graduating per Year
Particulars No. Capacity
Engineering* 102 45,013
Polytechnics 193 66,495
ITIs 369 70,000
STPIs – Driving IT Growth in Punjab

    STPI Mohali

  • Established in 1998 with exports sizing INR 4400 Cr. From 150 + companies proving employment to 35000+ professionals
  • Plug and Play facilities with Ready made business environment
  • Green building with 24*7 services
  • State of Art Network Operations Centre equipped with infrastructure to ensure best managed services
  • Local Administrative Office with fully furnished amenities
  • State of the Art Tier-III world class Datacenter
  • Facility of AI, Machine Learning and Data Analytics Labs

    STPI Amritsar

  • Under construction on 2.72 Acre with an estimated cost of INR 20 Cr.
  • Centre is expected to act as a catalyst for the promotion of IT industry in the region
  • Proposed Incubation facilities

100% Road Connectivity
4/6 Lane Highways
Road Density – 133 per Sq. Km (Ranked 2)

    Logistics Support
  • 5 Inland Container Depots (ICDs) providing excellent cargo
    handling facilities
  • Dedicated Eastern and Western Freight corridors
  • Multimodal Logistic Park under implementation

Energy Surplus State
Installed Capacity 14,177 MW

Rail Network - 2,126 Kms
More than 2 times of India’s average rail density

    Airways

  • 2 International Airports at Mohali and Amritsar
  • 4 domestic airports at Jalandhar, Ludhiana,
    Bathinda, & Pathankot
  • Mohali Airport is under expansion.
    Whitefield flights to be operational from
    March 2019. International Airport at
    Ludhiana coming soon
Anchor Unit (IT/ITeS)
INR 50 cr Minimum Investment (FCI)
500 Minimum Direct Employment

Thrust Sector Incentives:

1st state in the Country to reimburse percentage of net GST for inter and intra state sales
Potential Recovery of up to 200% of FCI

Employment Subsidy of up to at Rs. 48,000 per employee per year (for 5 years)

100% Exemption
Electricity Duty (10 years), Stamp Duty, CLU/EDC, Property Tax (10 years)

Mohali: The Next Big IT Hub
Ready to move Plug and Play work spaces available

Greenfield City: Rapidly developing as IT Hub. Presence of Infosys and Quark among other top IT companies

  • World Class Amenities: Residential Complexes and International Sports Facilities
  • Upcoming IT City (1700 Acres)
  • >90 Acres have already been allotted

Strategic Location: Close proximity to Mohali International Airport

Chandigarh Tricity: Mohali, along with Chandigarh and Panchkula, forms a part of the Chandigarh Tricity

Knowledge Hub: with university, research and institutional complexes as ISB Mohali, IIT Ropar

BEST Quality of Life
  • Chandigarh ranked 5th in the Ease of Living Index, ranked 1st among all the Union Territories (2018)
  • Location at the foothills of Shivaliks, scenic mountains just a few hours away for a weekend getaway
  • Shopping paradise of North India with top-tier brands available in world-class malls as Elante, DT Mall, Bestech, Fun Republic etc.
  • World class amenities with many international sporting venues consisting of a magnificent cricket stadium, hockey stadium, indoor stadiums, and golf course.
  • Better Ambient air quality than NCR
  • Low crime rate and high social stability
  • Home to leading Healthcare facilities like PGIMER, Fortis, Max Healthcare, IVY Hospitals etc.

Quark City
Over 50 IT/ITES
companies,
15000 IT
professionals

Bestech Towers
IT / ITES /
Commercial complex,
adequate multi-level
parking, centralized
air-conditioning, 3.5
Lac Sq. Ft. area,
Earthquake resistant,
100% power back-up
team



Prominent Companies in It Sector in Punjab