Kerala State Industrial Development Corporation

Kerala State Industrial Development Corporation (KSIDC)
Public Sector
Founded 1961
Headquarters Thiruvananthapuram, Kerala, India
Number of locations
Thiruvananthapuram, Kochi
Area served
Large and medium scale industries
Key people
Managing Director
Services

Promotes large and medium scale industries in Kerala

Nodal agency for foreign and domestic investments in Kerala
Owner Government of Kerala
Website www.ksidc.org

Kerala State Industrial Development Corporation Ltd. is the industrial and investment promotion agency of the Government of Kerala (India), for the promotion and development of medium and large scale units in the State of Kerala. As the Nodal Agency for foreign and domestic investments in Kerala, KSIDC provides support for investors, besides processing various incentive schemes and facilitating interaction between the government and the industrial sector.[1]

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) and a regional office at Kochi (Cochin), Ernakulam.

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 include:

As on 2007-08, KSIDC has promoted more than 650 projects in the State of Kerala with an investment outlay of Rs.5155 crores providing employment to approximately 72500 persons.

References

  1. "Functions, KSIDC, Thiruvananthapuram". Ksidc.org. Retrieved 2012-09-13.

External links

Official website

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