Plan to set up 50 new industrial units in capital district

An intensive industrialisation drive launched by the District Industries Centre (DIC) in the State capital, aimed at the setting up of 50 new industrial units, mainly micro, small and medium enterprises, is gathering momentum with the completion of the first phase of the drive. In the first phase, investors were identified for 228 projects to the tune of Rs.178 crore. These will be fine-tuned with feasible projects to be finalised in the ongoing second phase, expected to be over by November-end.

The drive, launched in July this year, is to extend a helping hand to entrepreneurs to set up enterprises in potential manufacturing sectors suitable to the district with an investment of not less than Rs.25 lakh in plant and machinery, apart from reviving or rehabilitating sick and closed down units.

R. Ramesh Chandran, General Manager, DIC, said 16 block-level entrepreneur awareness programmes were held and the investors who came forward were linked to 228 projects, which were selected depending on their suitability for each area. Detailed project reports (DPR) were being prepared for these projects, which were to the tune of about Rs.178 crore.

Second phase

The second phase of the drive was already on with investors’ meets in the four taluks of the district. The first one at Neyyattinkara was already over. Investors’ meets will be held at Chirayinkeezhu on October 28, Thiruvananthapuram on October 29, and Nedumangadu on November 5.

The investors’ meet would be essentially one-to-one discussions with the entrepreneur/investor to guide them towards finalising the project report, to identify financial institutions for loans/financial assistance, machinery suppliers and so on, Mr. Ramesh Chandran said, adding that a technical feasibility report of each project would be prepared after the investors’ meet. Representatives of financial institutions and government agencies whose clearances were required for the projects would be attending these meets, he said.

A District Industries Development Committee, chaired by the District Collector, was being constituted to support these projects and to guide them further while an entrepreneur development programme too would be held in November.

A Technology Clinic, to offer technical inputs from experts, too would be organised once the projects were finalised, Mr. Ramesh Chandran said.

The potential sectors identified in the district include set-ups for manufacturing of building material (floor tiles, paving blocks, inter-locking tiles); food products (packaged drinking water, dairy products, frozen foods and so on); PVC pipes; notebooks and office stationery; eco-friendly products (paper carry bags/cups/plates, non-woven carry bags and so on); ice plants; Ayurvedic medicines; sandals and pet bottles; and medical surgical equipment, to mention a few.