Chennai: The Kerala Government, in addition to its three industrial development zones in Trivandrum, Kochi and Kozhikode would propose for manufacturing investment zones covering Ernakulam, Trichur, Palakkad and Malappuram districts, said Kerala government’s Industries and IT secretary K S Srinivas.
He was making a presentation at the State Integrated Investment Promotion (SIIP) Session on Kerala at the Suminfra 2013, Seminar on Sustainable PPPs in Infrastructure, organised by the Confederation of Indian Industry (CII), here on Tuesday.
Srinivas said that manufacturing hubs like IT and electronics hardware, medicine and medical, food processing, engineering, petrochemical, and green energy and waste management have been identified under the proposed manufacturing investment zones.
Low operational cost, high quality of life, stable world-class physical and social infrastructure, simple procedures and a friendly government made Kerala an ideal destination for investment, he said.
In the IT sector, Kerala has developed three hubs, Trivandrum ( Technopark), Kochi ( Infopark and Smart City) and Kozhikode (Cyber City). Several new projects were planned as spokes of these hubs, he said.
For electronics hardware manufacturing the State has set up an Electronics Manufacturing Cluster (EMC) in Kochi under the EMC scheme of the Central Government. The project cost was estimated at Rs 250 crore. About 75 acres of land has been identified for the project estimated to cost Rs 250 crore.
Another major investment zone in Kerala, he said, was the Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Kochi with the BPCL’s Kochi Refinery as the catalyst. The refinery would be enhancing its annual capacity to 15.5 million tonnes from the present 9.5 million tonnes. The refinery would supply several base products for downstream petrochemical projects.
Kerala is also planning two elevated mono rail projects in Trivandrum and Kozhikode with an estimated cost of Rs 5100 crore, Srinivas said.
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