Listing Description
Kerala State Industrial Development Corporation (KSIDC) is the premier agency of the Government of Kerala, mandated for industrial and investment promotion in Kerala. Formed in 1961, KSIDC’s primary objective was to promote, facilitate and finance large and medium-scale industries and catalyze the development of physical and social infrastructure required for industrial growth in the state. The one-stop-shop for any investment in Kerala, KSIDC offers a comprehensive set of services that an investor needs to set up an enterprise in the State.
The Functions of KSIDC
- Providing financial support through Term loans and Equity
- Managing the Industrial Growth Centres and Industrial Parks that provide suitable industrial land with allied infrastructure such as power, water, and common facilities including ETP& STP
- Investment Facilitation and Nodal Agency of the Government of Kerala for EoDB initiatives, EBRAP, PM Gati Sakthi
- Processing Incentivising responsible investments for scale-up and growth
- Encouraging Entrepreneurship through Seed Funds, Scale-up Assistance, WE Finance, etc
A nodal agency for foreign and domestic investments in Kerala, KSIDC facilitates clearances, and approvals, and processes various incentive schemes for starting new business ventures. KSIDC acts as a spokesman for the State spreading its industrial ethos besides being an interface between the Government and the Industry. KSIDC team includes a core group of skilled professionals from various fields like Engineering, Management, Finance, and Law.
Kerala is blessed with a unique set of geographical features that have made it one of the most sought-after tourist destinations in Asia, KSIDC has always been paying attention to supporting Responsible Investments that try to balance Nature, People, and Industry in the State. KSIDC has over 6 decades of proven track record of attracting a commendable volume of investment to the State.