Kerala State Industrial Development Corporation (KSIDC) is the premier agency of the Government of Kerala, mandated to for industrial and investment promotion in Kerala. Formed in 1961, KSIDC’s primary objective was to promote, facilitate and finance large and medium scale industries and catalyze the development of physical and social infrastructure required for industrial growth in the state.
Over the years KSIDC has metamorphosed into the one stop-shop for any investment in Kerala and the single point contact for investors setting up shop in the state. KSIDC offers a comprehensive set of services encompassing support in developing business ideas and viable projects, assistance in conducting feasibility studies, providing various financial products tailor made for different types of investments, handholding and facilitation from project conceptualization to commissioning, providing developed Infrastructure facilities and guidance for implementation.
A nodal agency for foreign and domestic investments in Kerala, KSIDC facilitates clearances, approvals and processes various incentive schemes for starting a new business ventures. KSIDC acts as a spokesman of the State spreading its industrial ethos besides being an interface between the Government and the Industry.
KSIDC team includes a core group of skilled professionals from various fields like Engineering, Management, Finance and Law.
KSIDC has over 5 decades of proven track record of attracting a commendable volume of investment to the State. The corporation has so far promoted more than 750 projects in the State and has played a vital role in the setting up of pioneering organizations such as:
- Cochin International Airport Limited,
- Kerala Minerals & Metals Ltd,
- BrahMos Aerospace Trivandrum,
- Nitta Gelatin India Ltd.,
- Geojit BNP Paribas Financial Services Ltd.,
- Malabar Cements Ltd,
- Kerala State Drugs & Pharmaceuticals Ltd,
- Kerala Ayurveda Pharmacy Ltd,
- Lakeshore Hospital & Research Centre Ltd,
- KIMS Hospital
- Le-Meridien Hotel
- Crowne Plaza
- Apollo Tyres
And many others