Sri City: Difference between revisions
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<li>65 km from Krishnapatnam port<br> |
<li>65 km from Krishnapatnam port<br> |
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<li>75 km from [[Chennai international airport]]<br> |
<li>75 km from [[Chennai international airport]]<br> |
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<li>75 km from [[Tirupati international airport]]<br></li>/ul> |
<li>75 km from [[Tirupati international airport]]<br></li></ul> |
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==Business Advantage at the City== |
==Business Advantage at the City== |
Revision as of 07:37, 11 November 2008
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Sri City is located at about 55 Km north of Chennai on NH5 along the border of Andhra Pradesh and Tamil Nadu States of India. It is a business destination for global companies to establish Manufacturing, Services and Trading operations in India.
This Integrated City spread offers the benefits of a Special Economic Zone and also a Domestic Tariff Area. Sri City Special Economic Zone is the largest private sector SEZ in South India. Besides Industrial Zones, all supporting Social Infrastructure including Residential, Schools, Hospitals and Lifestyle amenities are being developed.
Name
Sree or Shree or Sri or Shri is an Indian honorific prefix. It is a title derived from Sanskrit and is applicable to people and Hindu gods. The name ‘Sri City’ is inspired by renowned temple towns in the region, Sri Kalahasti and Sri Perambadur. The Satish Dhawan Space Centre , India’s Satellite/Rocket launching centre is located at Sri Harikota, on the eastern side of the Pulicat lake which separates Sri City and the Satellite launching station. The famous Tirumala (Tirupati) the abode of Lord Sri Venkateshwara (aka Srinivasa, Balaji) is also located near this new development.
Location
A 55-km drive from the metropolitan city of Chennai in South India, Sri City has proximity to the commercial centre of Chennai and connectivity to ports and airports. Sri City is in close proximity to the large talent pool of Tamil Nadu and Andhra Pradesh with easy access to ancillary suppliers necessary for business operations in both the states.
Accessibility
Business Advantage at the City
With a strategic business location and world-class infrastructure that is being developed, Sri City offers all the benefits of an SEZ ( a free trade zone) in its export zone – Sri City SEZ.
- 15-year graded Income Tax Holiday
- Exemption from Excise and Customs Duties
- Exemption from Central Sales Tax / VAT
- Exemption from Service Tax
- Exemption from Local Taxes
- Single Window Clearance
- 100% FDI through automatic route
- Domestic sales on payment of applicable duty
- Off-shore banking unit
- On-site customs house
- Self-certification
- Warehouses/ICD
Lifestyle at the City
In addition to the business infrastructure, Sri City will be built with social infrastructure and lifestyle facilities. The various formats of housing - independent villas, apartments, dormitories, hostels – will cater to the needs of Sri City occupants.
Schools, hospitals and all domestic amenities have been planned. Entertainment including shopping arcades, multiplexes, hotels etc., will create the necessary vibrancy for lifestyle to flourish here. Jogging tracks, walking trails, waterfront sports & leisure development and other recreation facilities are being planned to offer a comfortable lifestyle for the residents.
Climate
The region enjoys moderate climate. The maximum temperature in summer is 37°C and the minimum temperature is 23°C. There is no great difference in temperature during winters, with a maximum of 31°C and a minimum of 18°C. Average humidity is 74%. The region has two distinct monsoons – a mild southwest monsoon and a more vigorous northeast monsoon. The average rainfall for the past 25 years in the region has been 1305 mm per year. Nearly 60% of the rainfall occurs during mid September to end December. [1]
Language
Situated on the border of two states, Tamil Nadu and Andhra Pradesh, both Tamil and Telugu are widely spoken and understood in the area around Sri City. Most people understand English, a secondary language.
Demographics
Sri City is located in Chitoor District. The Revenue Village/Ward wise Population according to Census 2001 for Chitoor District was 848607 Households with a total population of 3745875. The number of literates in Chitoor District according to Census Of India 2001 – Population Census are 2176990.
Educational Institutions
A total of 39 professional colleges are present in Chitoor District with 17 engineering, 12 medical, 2 law colleges. In addition, there are 52 graduate level colleges with 28745 scholars and 142 junir colleges with 80905 students ( Source - MROs of Concerned Mandals). The number of high schools in Chitoor District (2004-2005) is 750 with 248171 students.
Tamil Nadu has -
252 Engineering Colleges, 189 IT education institutes, 202 polytechnics, 526 Industrial training institutes (ITI).
80,000 + Engineers and over 3,00,000 Science, Commerce and Arts graduates pass-out annually.
Andhra Pradesh has –
240 Engineering Colleges, 272 general colleges, 103 polytechnics, 72 government Industrial training institutes (ITI).
Nearly 86,000 Engineering students graduate annually. About 250,000 Science, Commerce and Arts students graduate annually.
Schools in and around Sri City
Distance in Km | No of Schools | No of Colleges | |
---|---|---|---|
Tada | 1 | 5 | 1 |
Arambakam | 3 | 4 | - |
Varadhaiah Palem | 4 | 3 | - |
Satyavedu | 8 | 10 | 3 |
Sulurpet | 13 | 17 | 10 |
Gummidipoondi | 15 | 9 | - |
Kavarapetai | 18 | 2 | 3 |
Srikalahastri | 40 | 23 | 13 |
Red Hills | 40 | 39 | 4 |
Gudur | 65 | 27 | 7 |
Nellore | 95 | 188 | 62 |
Health care centers
In the 55 Km radius around Sri City, there are approximately 71 clinics and 26 hospitals with 214 bed facilities.
Transportation
Air: The nearest airport is at Chennai – Chennai international airport, at a distance of 75 kms to the south of Sri City. The Tirupati international airport too is just 75 Km away, and is to the North of Sri City.
Rail: The nearest railway station from Sri City is at Tada, half a Km away. Sri City is well connected by rail with the important towns and cities within and beyond the state from the Chennai Central Station 65 Km away. 40 suburban train services plying to and fro Sri City everyday.
Road: Travelling to Sri City is made possible by number of buses (TNSTC, APSRTC and other private transport providers), and taxis.
Near by tourist centres There are a lot of places of tourist interest near Sri City – Tada waterfalls, Pulicat Lake, Sri Kalahasti, Sriharikota, Kalki Bhagwan Oneness temple, Tirumala (Tirupati) to name a few.
External links
- www.sricity.in website
- http://www.sezindia.gov.in
- Domain-b.com - Sri City multi-product SEZ to attract Rs17,500 crore investment
- The Hindu Businessline - An SEZ that will have the best of TN and AP
- The Financial Express – Multi-product SEZ at Nellore
- The Hindu - Sri City launches SEZ
- The Hindu Business Line - Sri City announces launch of SEZ
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- ^ Source: Report of Bureau of Economics and Statistics, AP, 2006