Companies investing in Kerala can utilise private properties by taking advantage of private industrial estate project in addition to government-owned land thanks to a series of proactive policy initiatives.
Industries, Coir, and Law Minister Shri P Rajeeve said the state has transparently simplified the formalities for starting industrial parks in the private sector.
With massive infrastructural investments imminent, Kerala바카라s industrial landscape is undergoing a tectonic change, accelerating economic growth and creating jobs.
바카라The government has approved private parks enabling the investors to get their land declared as an industrial area,바카라 the Minister said at a round table conference with construction industry captains on Wednesday.
바카라Entrepreneurs and investors should be aware of the Industries Department바카라s new projects and policies. The government has made several amendments to the law to ensure growth in the construction sector,바카라 he added.
The conference was part of a series of 22 sectoral meetings organised by the Kerala State Industrial Development Corporation (KSIDC) ahead of next year바카라s Invest Kerala Global Summit.
The Invest Kerala Global Summit will be held at the Grand Hyatt, Kochi, on February 21 and 22, 2025. Ahead of the summit, special conclaves & roadshows for investors have also been held in Bengaluru, Chennai, Delhi, and Mumbai.
Shri Rajeeve said licenses for the industry in Kerala would be readily available through the online system K-SWIFT. With the implementation of K-Smart in the local self-government bodies, a significant change has been brought about.
바카라Although there is a common perception that Kerala is where most strikes occur, this is not the case. Central Labour Commission바카라s report underlines the fact that industries in Kerala is least affected by strikes바카라 the Minister said.
The Minister sought the views of investors and entrepreneurs in the construction sector to fine-tune the policies that have placed the state at the top in terms of Ease of Doing Business.
He said the process of acquiring private land for industrial purposes will be unified and coordinated with other departments.
The Pollution Control Board has placed buildings exceeding 20,000 square metres in the red category. They also need help with fire management rules.
A road survey has been completed, and officials have been appointed and trained to prepare the geology handbook of industrially important places in the state.
The Minister expressed pride in the American Society of Public Administration's recent recognition of the state바카라s ongoing Year of Entrepreneurship initiative, which was launched in 2022.
바카라Kerala is home to world-class companies manufacturing health equipment. Four of India바카라s five companies earning the highest revenue are in Kerala,바카라 he said.
Principal Secretary (Industries & Commerce) Shri APM Mohammed Hanish made a presentation on the availability of industrial land in Kerala.
Industries Department Director Shri Mir Mohammed, KSIDC Chairman Shri C Balagopal, Industries Department (Officer on Special Duty) Annie Jula Thomas, Executive Director Hari Krishnan R, KINFRA MD Santosh Koshy Thomas and other officials were also present.
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