Kerala Industries Minister P. Rajeeve on Thursday announced the government's plan of setting up 30 private industrial parks by December and said that the colleges will be encouraged to establish campus industrial parks to boost the state's .
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Industrial Parks In Kerala: To facilitate individual developers to set up the parks and give a boost to the industrial infrastructure in the state, the government has revised its Private Industrial Estate (PIE) scheme, the Kerala State Industrial Development Corporation (KSIDC) said in a statement.
The Kerala government has revised its Private Industrial Estate scheme to allow individual developers to set up industrial parks and provide them with Rs 3 crore for creating infrastructure facilities such as roads, electricity and water supply. Previously, only companies and cooperatives were eligible to take advantage of the PIE scheme.