Functions
KSIDC, as facilitator and financier for industries offers wide assistance in building a dynamic economy
The key areas of our focus include:
- Identification of Investment Ideas
- Translating Ideas into Concrete Proposals
- Feasibility Study, Technology Sourcing, Project Evaluation
- Financial Structuring, Loan Syndication
- Ensuring Central and State Govt. Clearances
- Tying up Requirements in Infrastructure
- Total Project Management Support
- Development and Administration of Growth Centres
In a nutshell, KSIDC is a single point contact for all investors of the state and acts as a brand ambassador of the state spreading its industrial ethos.
In fact KSIDC acts as an interface between Kerala and the outside world.
Allied Supporting Services
In addition to the primary support provided to entrepreneurs, KSIDC extends a whole range of pro-investor services, which include:
Single Window Clearance System
Kerala is the first state in the country to introduce the Single Window Clearance System with statutory backing and KSIDC has been designated as the Nodal Agency for all governmental clearances at state level for medium and large-scale industries.
Venture Capital Financing
In a bid to encourage entrepreneurship in IT, Biotechnology and allied sectors, KSIDC in association with SIDBI and KFC has established Venture Capital Funding as an alternate financial source with a corpus of Rs.20 crores.
Capital Subsidy Processing
KSIDC is the operating agency for processing and disbursement of state investment subsidy for its assisted units.
Sales Tax Exemption Eligibility Certificate
The Corporation also issues eligibility certificate for Sales Tax Exemption for medium and large-scale industries
Other Support Services
- Equipment refinance
- Technology Data Bank with access to National and International data networks
- Cost sharing for preparation of feasibility/market studies
Financial Products
The financial service range from equity and term loans to short term loans and bridge loans.
| Debt Equity Ratio |
1:1 upto 1.5:1 depending on the performance of the company |
| Term Loans |
Upto Rs.1000 Lakhs. No cap for term loan under direct financing. |
| Bridge Loans |
Against Term Loans Sanctioned |
| Short Term Loans |
Against Subsidy |
| Corporate Loans |
For Existing Profit Making Units up toRs.100 Lakhs |
| Repayment |
1-2 Years Moratorium + 6 Years |
| Interest Rate |
10% per Annum. |
Over the years KSIDC has promoted many a pioneer in the corporate sectors; the list includes KELTRON, Hindustan Latex Ltd, KMML, Tata Tea Ltd, Harrisons Malayalam Ltd, Kerala Hitech Industries, Malabar Cements Ltd, KCPL, Excel Glasses Ltd, Kerala Automobiles Ltd, Cochin Stock Exchange Ltd, BSES Ltd, the SEZ at Kochi.
Other Major Initiatives
Growth Centres
Industrial Parks with built up infrastructure, to take the form of mini industrial townships, are under construction across the state - Growth Centres of KSIDC at Kannur, Malappuram, Kozhikode and Alappuzha. Built up infrastructure in these centres will include Standard factory modules, power & water connections, transportation & communication facilities, housing etc.
A margin money loan subject to a maximum of Rs 2.5 Lakhs is provided by DIC for SSI units. This is included in the means of finance where cost of plant and machinery shall not exceed Rs 1 Crore and KSIDC is the disbursing agency for the margin money loan for units assisted by us.
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