Kerala State Industrial Development Corporation Ltd. is the industrial and investment promotion agency of the
Government of Kerala
Government of Kerala is the subnational government of the Indian state of Kerala. The government is led by a chief minister, who selects all the other ministers. The chief minister and their most senior ministers belong to the supreme decision ...
(India), for the promotion and development of medium and large scale units in the
State of Kerala
State may refer to:
Arts, entertainment, and media Literature
* ''State Magazine'', a monthly magazine published by the U.S. Department of State
* ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States
* ''Our S ...
. As the Nodal Agency for foreign and domestic investments in
Kerala
Kerala ( ; ) is a state on the Malabar Coast of India. It was formed on 1 November 1956, following the passage of the States Reorganisation Act, by combining Malayalam-speaking regions of the erstwhile regions of Cochin, Malabar, South ...
, KSIDC provides support for investors, besides processing various incentive schemes and facilitating interaction between the government and the industrial sector.
Established in 1961, KSIDC is led by a group of professionals from various fields including Engineering, Management, Finance and Law. It has two offices in Kerala - the head office at
Trivandrum
Thiruvananthapuram (; ), also known by its former name Trivandrum (), is the capital of the Indian state of Kerala. It is the most populous city in Kerala with a population of 957,730 as of 2011. The encompassing urban agglomeration populati ...
(Thiruvananthapuram) and a regional office at
Kochi
Kochi (), also known as Cochin ( ) ( the official name until 1996) is a major port city on the Malabar Coast of India bordering the Laccadive Sea, which is a part of the Arabian Sea. It is part of the district of Ernakulam in the state of K ...
(Cochin), Ernakulam.
Shri.
Paul Antony is the Chairman of KSIDC and Shri. Harikishore S IAS is the managing director of KSIDC.
Areas of focus
KSIDC assists in identifying the infrastructure needs of the State, structuring projects to bridge the gaps and spearheading a balanced growth of the core competencies of the State. The key areas of KSIDC's focus includes:
*Identification of Investment Ideas
*Translating ideas into concrete proposals
*Feasibility Study, Project Evaluation
*Financial Structuring, Loan Syndication
*Assisting in Central and State Govt. Clearances
*Development and Administration of Growth Centers
*Industrial and Infrastructure development
, KSIDC has promoted more than 700 projects in the State of Kerala with an investment outlay of over Rs.8000 crores providing employment to over 1 Lakh persons.
References
External links
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Companies based in Thiruvananthapuram
State agencies of Kerala
Government-owned companies of Kerala
State industrial development corporations of India
1961 establishments in Kerala
Government agencies established in 1961