KEY HIGHLIGHTS

  • Strong presence of 740 registered IT units in State covering a wide array of IT services
  • Rajiv Gandhi Chandigarh Technology Park houses more than 90 companies employing 25000+ professionals
  • Under the India BPO Promotion Scheme 2015, Punjab has been allotted 1200 BPO seats.
  • Cumulative growth of almost 14% in IT/ITES exports over a period of 5 years in the Mohali Chandigarh region.
  • Excellent IT infrastructure in Tier II cities
  • Amritsar
  • Ludhiana
  • Jalandhar
  • STPI Incubation Center in SAS Nagar ( Mohali)
  • Skilled human capital
  • SMART infrastructure
  • Soon to be the first state in the country to have 4G connectivity in all villages

KEY POLICY TARGETS

KEY INITIATIVES

  1. Dedicated Agency for promotion of IT
  2. Development of SAS Nagar as IT Investment Region
  3. Development of IT City, SAS Nagar
  4. Development of new IT & Knowledge Park
  5. Providing land on long lease

MAJOR CLUSTER PARKS

The State-of-the-art Software Technology Park at SAS Nagar (Mohali)

KEY FISCAL INCENTIVES

Fiscal Incentives for MSME/Large units

  • MSME – 100% Reimbursement of net SGST, Exemption in ED, SD
  • MSME – 5% Interest Subsidy for Border and Kandi Area
  • MSME – Assistance for Finance, Technology, Marketing & Exports
  • Large – 75% of net SGST, 100% Exemption in ED, SD & 50% Property Tax
  • Thrust Sector – 100% of net SGST, 100% Exemption in ED, SD & 50% PTax
  • Early Bird Units in New Industrial Parks – 100% of net SGST upto 125% FCI
  • Capital Subsidy to IT/ITES units- 50 % of FCI subject to ceiling of INR 2.5 cr per unit

Fiscal Incentives for Anchor Unit

  • 100% Reimbursement of net SGST for 15years upto 200% of FCI
  • 100% Exemption from CLU/EDC
  • Employment Generation Incentive @Rs.30,000/employee/year
  • CLU in Agriculture Zone for minimum land area of 50 Acres

Non-Fiscal Incentives

  • IT/ITES/Knowledge Industry Units – Permissible FAR 1:3
  • Exemption from PAPRA and Grant of CLU for Anchor Projects
  • Retail to stay open 365 days a year
  • Exemption from Consent Management for Green Category Units

EXISTING PARTNERS

  • TechTier
  • Infosys
  • Emerson
  • Smartdata Enterprises
  • Reliance Jio
  • Airtel
  • Edifecs
  • Tech Mahindra
  • Quark
  • Drish Infotech
  • Span
  • Allengers
  • IeImpact
  • Megrisoft
  • Xeam
  • Netsmartz
  • Outline Systems
  • Puncom
  • Bebo
  • Meritech
  • TiE
  • C-DAC
  • NiELIT
  • Punjab Infotech
existing partners

UPCOMING PROJECTS

  • Incubation centres, notably the STPI centres with plug-n-play facility and independent network operations at SAS Nagar (Mohali) and Amritsar.

  • Startup Accelerator Chamber of Commerce ( SACC), SAS Nagar (Mohali)
  • The Indus Entrepreneurs ( TiE)
  • Morpheus- Startup Accelerator