Kerala State Industrial Development Corporation
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Kerala State Industrial Development Corporation Ltd. is the industrial and investment promotion agency of the
Government of Kerala The Government of Kerala (abbreviated as GoK), also known as the Kerala Government, is the administrative body responsible for governing the Indian States and territories of India, state of Kerala. The government is led by a chief minister, who ...
(India), for the promotion and development of medium and large scale units in the
State of 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 Can ...
. As the Nodal Agency for foreign and domestic investments in
Kerala Kerala ( , ) is a States and union territories of India, 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 ...
, 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 as Trivandrum, is the capital city of the Indian state of Kerala. As of 2011, the Thiruvananthapuram Municipal Corporation had a population of 957,730 over an area of 214.86 sq. km, making it the largest and ...
(Thiruvananthapuram) and a regional office at
Kochi Kochi ( , ), List of renamed Indian cities and states#Kerala, formerly known as Cochin ( ), is a major port city along the Malabar Coast of India bordering the Laccadive Sea. It is part of the Ernakulam district, district of Ernakulam in the ...
(Cochin), Ernakulam. Shri. C Balagopal is the Chairman of KSIDC and Shri. Mir Mohammed Ali 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.


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External links

{{authority control 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