PROFILE
The
Kerala
State Industrial Development Corporation (KSIDC), the nodal agency
for foreign and domestic investments in Kerala, offers a range of dedicated
services for entrepreneurs to do business in Kerala. KSIDC is a professional
group which has been nurturing hardnosed achievers for over 35 years. |
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The Corporation
is committed to developing medium and large industries, promoting foreign
investments and helping formulate Government policies. Naturally, this
provides KSIDC with substantial strengths that could be advantageous to
business partners and associates.
Services Provided
by KSIDC
KSIDC
offers a range of services to the entrepreneurs interested in setting up
their business in Kerala. These services are as follows:
BUSINESS
DEVELOPMENT GROUP (BDG) : The BDG is the primary contact point
for those considering industrial investments in Kerala. This multi-functional
group provides project ideas, Venture Counselling and Assistance with Statutory
Approvals. The BDG often acts as the investor's project planning team in
Kerala.
PROJECT
GROUP (PG) : The PG comprises engineers and managers with extensive
experience and expertise in setting up large projects in India. This Group
has sub-groups of technically self-sufficient managers with expertise in
specific industry categories. Each project taken up by KSIDC will be assigned
to a PG, headed by a senior level executive. The PG's support range includes
: Technology Sourcing, Technology Partnerships, Preparation of Techno-Economic
Feasibility Report, Site Selection, Tying-up Infrastructural Support, Selection
of Plant and Machinery, Time-bound Project Implementation, Problem Specific
Assistance during the Operational Phase.
HUMAN
RESOURCES GROUP (HRG) : Despite the excellence of technical and managerial
personnel available in Kerala, it is often not too easy to obtain the required
talent without some effort. The HRG provides assistance in following areas
: Selection of Personnel, Training Programmes, Counselling on Statutory
Regulations, Development of Compensation Packages.
FINANCIAL
SERVICES GROUP (FSG) : Manned by specialists in corporate finance,
the FSG will help you arrive at the best mix of funding and sourcing of
funds from KSIDC and elsewhere. FSG's services include: Financial Structuring,
Investment Banking , arranging equity from KSIDC, Central Financial
Institutions and public issue, Loan Syndication, Bought-out Deals, Acquisitions
and Mergers, Working Capital Sourcing, Public Issue Management, Equipment
Leasing, Venture Capital Management.
COMPANY
LAW GROUP (CLG) : Comprising Corporate law experts, this group provides
support and counsel on : Company Incorporation, Collaboration Agreements,
Preparation of Legal Documents, Statutory compliance, Corporate Legal Counsel.
TECHNOLOGY
BANK : KSIDC and Department of Science and Technology have jointly
set up a Technology Bank for the benefit of industrial investors.The bank
facilitates easy access to technology worldwide.
STATISTICS
AND PLANNING GROUP (SPG) : Statisticians, researchers and documentation
personnel constitute this group. The SPG will be the single-point source
for information regarding the different aspects of investing in Kerala.
It closely monitors policy changes at the State and National levels to
maintain an updated information system for the benefit of industrial investors.
The SPG is backed by strong EDP System with the facility for providing
timely Management Information Services.
SINGLE
WINDOW CLEARANCE SCHEME : KSIDC
is the Government of Kerala's executive arm to facilitate single-point
clearances for medium and large projects. KSIDC operates the Single windoe
clearance system for ensuring all state-level clearances for each individual
project within 45 days. A highly motivated Project Co-ordinator will streamline
all actions at KSIDC as well as the Government end to ensure smooth and
speedy project implementation at every stage.
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