Industrial Development Zone

The Industrial Development Zone (IDZ) Project is aimed at promoting the competitiveness of Kerala enterprises by leveraging investment in large scale manufacturing industries and promoting the state economy through value-added export oriented manufacturing products.

As part of the IDZ Project, KINFRA will acquire land, develop the land parcels, and provide the basic infrastructure facilities comprising road, power, water, sanitation & drainage. Subsequently, the same will be leased out to the interested parties identified based on thetargeted industries with development potential on a long-term lease.

The key objectives and rationale behind the IDZ Project is to:

1

Establish Kerala as a one of the most attractive locations for business investments in Asia through creating large-scale integrated industrial clusters;

2

Formalize Industrial and Land Pooling Policy to promote integrated development formats.

3

Encourage private sector participation for accelerated industrial development in a land starved/ constrained State.

4

Provide world class physical and social infrastructure along with proximity to International Airports followed by Ports to offer low cost and efficient logistics services; and Provide services to facilitate overcoming administrative hurdles for investors and securing permits required for their operations.

Target Industry Identification

The target industries for the proposed IDZ Project are identified based on the outcomes of the industry filtration technique. The initial set of industrial sectors was identified based on the export performance of these industries in the state of Kerala.
The industries are then subjected to a primary sieve which identifies only non-polluting industries and weeds out polluting industries. They are then subjected to a secondary sieve comprising of favorable factors for the industry such as availability of raw materials, Policy framework, Government initiatives etc. The performance of these industries currently in Kerala is also analyzed. The identified industries are further validated through its contribution to the state’s economy to arrive at the final set of industries for each of the delineated Industrial Development Zones.

The target industries finally identified for the Project based on the above explained methodology include the following:

  • Food –Agro based industry
  • Engineering Industry
  • Gems and Jwellery
  • IT &ITES electronic hardware segment
  • Textile segments

IDZ has identified a total of 2580 acres of land and the initial phase is estimated to cost of Rs 1591.44 crore.

IDZ Locations