Specialised industrial parks will be set up in State: Minister

Stone laid for ₹45-crore Advanced Technology Park at Ramanattukara

June 15, 2017 11:05 pm | Updated 11:05 pm IST - Kozhikode

Industries Minister A.C. Moideen speaking after laying the foundation stone for the KINFRA Advanced Technology Park

Industries Minister A.C. Moideen speaking after laying the foundation stone for the KINFRA Advanced Technology Park

Minister for Industries A.C. Moideen has said that the government has taken several steps to create an atmosphere conducive to the industrial development in the State.

He was speaking after laying the foundation stone for the ₹45-crore KINFRA Advanced Technology Park at Ramanattukara here on Thursday. A major part of the new investment towards industrial parks had already been identified by the government in various parts of the State, he said.

Specialised industrial parks with requisite infrastructure as well as common facilities would be established soon, the Minister said.

He said the State had more than 40 lakh unemployed educated manpower. However, traditional sectors were unable to absorb them. So, stepping up the rate of industrial development was the only solution to the problem. The government was keen to develop eco-friendly industrial parks in the State, he said.

The proposed KINFRA project aims at the establishment of advanced technology industries and knowledge-based industries at Ramanattukara. It has earmarked 10 acres of land for setting up the park with the aim of providing all infrastructure facilities.

The project proposes to construct a Standard Design Factory (SDF) building in two acres of land, with one lakh square feet area in four floors. It will offer direct employment to 700 to1,000 people, and about 2,000 indirect employment to others.

So far, KINFRA has successfully completed over 22 theme-based industrial parks in the State in 24 years. Some of these include garments, infotainment, marine/seafood, rubber, exports, food processing and biotechnology units, and Micro, Small, and Medium Enterprises. The successful completion of India’s first International Apparel Park in Thiruvananthapuram, India’s first Export Promotion

Industrial Park in Ernakulam; first Infotainment Park in Thiruvananthapuram, and first Food Processing Industrial Park in Malappuram are the notable achievements.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.