26.7 C
Delhi
Tuesday, July 15, 2025

Kerala allocates Rs 3 crore for revised Private Industrial Estate Scheme

Date:

Share post:

Donate-GC-Razorpay

Thiruvananthapuram: Kerala government has expanded the scope of the Private Industrial Estate (PIE) scheme to enable individual developers also to build industrial parks to step up such infrastructure in the state.

As per the revised scheme, individual developers having a minimum of 10 acres of land at their disposal can apply for developing industrial parks. So far, eight individual developers have been given permits to build private industrial parks in different parts of the state, and 20 applications are under process.

When it was launched, PIE scheme 2022 had stipulated that only companies, cooperatives and a consortium of Micro, Small and Medium Enterprises (MSME) units were eligible to take advantage of the scheme by applying for Private Industrial Estate Developer Permit, a release said.

This has been revised to facilitate individual developers also to set up industrial parks availing the incentives being provided by the government.

As per the revised Policy, the Department of Industries and Commerce (DIC), Government of Kerala, will provide up to Rs 3 crore as the grant for each developer to create infrastructure facilities like roads, electricity, water supply, sewage and effluent treatment plants and communication networks in private industrial parks.

Director of Industries and Commerce S Harikishore said two of these parks will be operational this year itself. The state is expected to have at least 25 private industrial parks by the end of this financial year, he added.

The government has set a target of having 100 private industrial parks covering an area of 1,000 acres in four years.

The private industrial parks that have been given permits include VMPS Food Park & Ventures, Kannur; Malabar Enterprises, Malappuram; Indian Virgin Spices (P) Ltd, Kottayam; Kadambur Industries Park, Palakkad; Jacob & Richard International Pvt Ltd, Kottayam; Sance Steriles Pvt Ltd, Kottayam; Delta Aggregates and Sand Pvt Ltd, Pathanamthitta; and Pathanamthitta Industrial Promotion Pvt Ltd, Pathanamthitta.

As in the case of government parks, the policy facilitates single-window clearance for establishing private industrial parks as well.

To get the Developer Permit, applications can be submitted online and a District-Level Site Selection Committee will inspect the plot. The Committee will submit a report to the State-Level Selection Committee, headed by the Principal Secretary, Department of Industries and Commerce, which will evaluate the report and issue the Developer Permit. After getting the permit, the park has to be developed in two years.

As per the policy, the land proposed for the parks should not fall under the purview of Kerala Conservation of Paddy Land and Wetland Act 2008. Moreover, it shall not fall in ecologically sensitive areas, coastal regulation zone and plantation areas.

Minimum of ten acres of land is required for leasing out the land while Standard Design Factory (SDF) needs only five acres.

Red category industries as notified by the Kerala State Pollution Control Board shall not be permitted in Private Industrial Parks. The land in the parks shall be allotted only for industrial units, it states.

Related articles

Advocate Neelofar Masood Raises Alarm Over Rising Child Drownings Amid Heatwave, Urges Immediate Government Action

With Jammu and Kashmir grappling with an intense and prolonged heatwave, Senior Jammu & Kashmir National Conference (J&K...

Sabotage From Within: The Next Big Threat to India’s Stability

In the months ahead, the Indian government will not be tested by enemies at the border, but by...

Rouble Nagi-Led Delegation Submits Memorandum to Lieutenant Governor for Empowering Non-Migrant Sikhs

A group of on-ground working youth led by the daughter of Jammu & Kashmir and nationally acclaimed social...

Confidence of New India Will Lead to Viksit Bharat: ‘Viksit Bharat: India @ 2047’ Author Aditya Pittie

Timely and meticulously researched, ‘Viksit Bharat: India @ 2047’, by author and thought leader, Aditya Pittie, provides a...