Kozhikode’s small entrepreneurs seek State aid to open more industrial parks in district

KSSIA to submit memorandum to KSIDC in two weeks

As sales rise and the pandemic scare wanes, investors in the small industrial sector are planning to seek the support of the State Government to open more industrial estates in Kozhikode district. Apart from the private industrial parks now under consideration, the support of the Kerala State Industrial Development Corporation (KSIDC) will be sought to open 10 more government industrial parks which can create hundreds of new employment opportunities.

The opening of a regional office of the KSIDC in Kozhikode is considered to be a great opening for local investors in the field to complete the groundwork on time. Their representatives functioning under the Kerala State Small Industries Association (KSSIA) will submit a memorandum to the KSIDC in two weeks with details of the possible number of private industrial parks, suitable locations, estimated project cost and expected financial support from the government.

The proposal for more industrial parks gains momentum in the wake of the record sales enjoyed by small entrepreneurs during the Deepavali season. The first park in the private sector is likely to come up in a village near Ramanattukara, where 23 acres of land is available for the project. It will become a reality if the State Government approves the industrialists’ call for providing field-level support with power supply, water connection, and internal road construction.