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Why Invest in Kerala?

Kerala

  • Kerala is the most educated and advanced state in India and also a tourist’s paradise with beautiful backwaters and hills
  • It is also the best-governed state in India and has topped the Public Affairs Index 2020
  • Two-thirds of the state’s export income comes from the Food Processing Industry
  • Kerala accounts for 75% of spices exports from India and a major producer of coir and coconut

Raw Material Available


Major Players Present in the State

State Profile of Kerala

S. No. SPV/IA Name District Name & Contact Details of Key Contact person of SPV/IA Total Land Area(In Acre) Total Leasable Area (In Acre) Leasable Area Available (In Acre) Focus Crops Sector Status
1. Kerala State Industrial Development Corporation Ltd (KSIDC) Alappuzha

Shri Binil Kumar,AGM
T: 0484-2323010, 0471-2318922
M: 9846280886
E-mail: md@ksidcmail.org, mdksidc@vsnl.net,
ksidc@vsnl.com, binil@ksidcmail.org

84.03 44.72 1.5 Shrimps, Fish, Squid, Mussels & Crab Fish Under Implementation
2. Kerala Industrial Infrastructure Development Corporation (KINFRA) Palakkad
  • Name: K. Sudhakaran,
    Designation: General Manager
    Mob: 9656208006
    Tel: 0471-2726585, Fax: 0471- 2724773
    Email: kinfra@vsnl.com

  • Name: Manu George
    Tel: 0471-2726585, Fax: 0471- 2724773
    Mob: 09895048476
    Email: kinfrafpd@gmail.com, kinframd@gmail.com
    Mob # 9846019911

79.42 49.76 11.35 Coconut, Fruits (Banana, Papaya, Pineapple, Jackfruit, Mango, Plaintain ), Spices and Condiments (Black Pepper, Ginger, Turmeric, Nutmeg), Tubers (Tapioca), Vegetables (Drum Sticks, Green Chillies) & Paddy (Cashew) Fruits & vegetables, Spice Operational
S. No. Name of the Project Execution Agency (PEA) Lead Promoter Contact No. & Email ID Location of the Project Status
1. M/s Chendayad Granites Private Limited Mr. Jovin George
Email: jovingeorge@gmail.com,
Mob: 9544400106
Block No. 60, Resurvey No. 115/8, 115/7, 118/2, 118/12, 118/7, 118/8, 118/9 & 118/10, Ajannikunnu, Neervaram Po, Panamaram, Wayanad-Kerala Under Implementation
2. M/s Synthite Industries Private Limited Mr. Aju Jacob
Email: apc1@synthite.com,
Mob: 9387585133
Synthite Taste Park, Block 44, Aikaranadu North Village, Ernakulam, Kerala Under Implementation
S. No. Project District Sector Milk/Storage Proccessing (Lakh Litre Per Day) Total Capacity of
Cold Storage/ CA/MA Storage/
Frozen Store (Lakh MT)
Reefer carriers & Tanker (Nos) Status
1. Inkal Ventures Private Limited Pattanamthitta Dairy 1.00 0.000 18 Completed
2. S H Cold Storage Pvt. Ltd. Alappuzha F&V - 0.150 5 Completed
3. Abad Fisheries Pvt. Ltd Kochi Fishery - 0.008 6 Reported Completion of Project
4. Sun Aquatic Products Pvt. Ltd Alappuzha Fishery - 0.015 2 Under Implementation
5. The Uralungal Labour Contract Co-operative Society Limited (ULCCS) Kozhikode Dairy 1.00 0.003 7 Under Implementation
6. M.A. Cold Chain Infrastructure Palakkad F&V - 0.1070 4 Under Implementation
S. No. Name & Address WarehouseMan Name Mobile Capacity
1. Central Warehouse, Wise Park, Wise Park, Kanjikode, Distt-Palakkad Central Warehousing Corporation 8800850089 15000
2. Central Warehouse Kunnamthanam, Sidco Industrial Park, Thottappady, Kunnamthanam, Distt-Pathanamthitta Central Warehousing Corporation 9895530565 12600
3. Central Warehouse Edathala, Ettekkar, Edathala North, Aluva, Ernakulam, Distt-Ernakulam Central Warehousing Corporation 9895530565 11689
4. Central Warehouse, Gandhi Nagar, Central Warehouse Gandhi Nagar, Kadav Anthra Ernakulam, Kochi, Distt-Ernakulam Central Warehousing Corporation 8800850089 14065
5. Rubber Mahel, Premises no:16/727, Survey no-243/2, Nallore, Taluka:chittoor, Palakkad-678557, Distt-Palakkad National Collateral Management Services Limited - 5000
6. Yamada Logistics Private Limited C/o Pulickal Buildings warehouse, Nalam Mile, Panayikulam, Alangadu, Distt-Ernakulam Yamada Logistics Private Limited 9009002013 588
7. Central Warehouse, Kakkanad, Central Warehouse Kinfra EPIP, Kusumagiri P.O. Kakkanad, Distt-NA Central Warehousing Corporation 8800850089 21850
8. YAMADA LOGISTICS PVT. LTD. C/O PUTHUCODE WAREHOUSE, PUTHUCODE WAREHOUSE 6/221, KC AHAMED ROAD, EDATHALA NORTH, Distt-Ernakulam Yamada Logistics Private Limited 9009002013 916
9. Central Warehouse Kannur, Keltron Nagar, Mangattuparamba, Kannur University Campus post, Distt-Kannur Central Warehousing Corporation 9895530565 9590
10. National Collateral Management Services Limited C/o KVT Godown, Godown Premises No. 9/382, Compartment No. 1, Located at Kadungalloor, Panchayath, Survey No. 217/3, Distt-Ernakulam National Collateral Management Services Limited - 1832
11. YAMADA LOGISTICS PVT LTD C/o KERALA STATE WAREHOUSING CORPARATION, STATE WAREHOUSE, VANDANMEDU, Distt-Idukki Yamada Logistics Private Limited 9009002013 837
12. Central Warehouse, Kuriachira, Central Warehouse Kuriachira, Distt-Thrissur Central Warehousing Corporation 8800850089 32590
S. No. District Revised ODOP
1. Alappuzha Rice Products
2. Ernakulam Pineapple
3. Idukki Spices
4. Kannur Coconut Oil
5. Kasargod Mussels
6. Kollam Tapioca & Tuber crop products
7. Kottayam Pineapple
8. Kozhikode Coconut Products
9. Malappuram Coconut-based Products
10. Palakkad Banana
11. Pathanamthitta Jackfruit
12. Thiruvananthapuram Tapioca
13. Thrissur Rice Products
14. Wayanad Milk and Milk Products

State Policy & Fiscal Incentives

Policy & Incentives Description
Name of Policy
  • State Food Processing Mission Kerala

Nodal Agency
  • KINFRA has been nominated as the Nodal Agency

Single Window Clearance System
Power/Electricity Subsidy
  • Not Available

Capital Subsidy

    Technology Upgradation

  • Scheme for technology up-gradation/modernization/expansion of food processing industries with Assistance to the extent of 25% of cost of plant and machinery and technical civil works (parts of building used for actual production). Maximum Limit ₹ 50.00 lakhs.

  • Cold Chain

  • Scheme for Cold Chain, Value Addition and Preservation Infrastructure for Non-Horticulture Products: Assistance to the extent of 35% of the bank appraised project cost including interest subsidy. Maximum limit ₹ 5.00 crores

  • Primary Processing Sector

  • Scheme for setting up of Primary Processing Centers/Collection Centers in rural areas Assistance to the extent of 50% of eligible project cost up to a maximum limit of ₹ 2.50 crores. Processing and preservation facilities may include equipments for weighing, cleaning, sorting, grading, packing, pre-cooling, CA/MA storage, cold storage, dry warehouses, mobile pre-cooling trucks and reefer trucks.

  • Modernization of Meat Shops

  • Scheme for Modernization of Meat Shops: Assistance to the extent of 50% of cost of machinery/equipment and technical civil works (eligible components) up to a maximum limit of ₹ 5.00 lakhs. Eligible components for improving hygiene levels have been specified in the guidelines.

  • Reefer Vehicles:

  • Scheme for Reefer Vehicles: Assistance in the form of credit linked back ended grant-in-aid to the extent of 50% of cost of reefer vehicles up to a maximum limit of ₹ 50.00 lakhs

Interest Subsidy
  • In scheme for cold chain, value addition and preservation infrastructure, the interest subsidy component will be @ 6% against term loan for a period of 5 years subject to a maximum limit of ₹ 2 crores or actual interest accrued on term loan whichever is less

  • All MSMES in the manufacturing job work category functioning in Kerala as on 15 March 2020, will be eligible to avail interest subvention on fresh/additional working capital loans and term loan up-to a maximum of Rs 30.000 per unit. The assistance shall be limited to 50% of the interest paid by the unit to the bank financial institution up-to a period of six months from the date of disbursement of first in net of the loan

VAT/CST/SGST/TAX Exemption/Reimbursement
  • Not Available

Employment Generation
  • Training at recognized institutes such as CFTRI/DFRL/IICPT/NIFTEM or any other State/National level training institute of GOI/State Govt. The objective of the scheme is to impart specialized training to EDP trainees who are in advanced stage of setting up projects and also to upgrade the skill level of entrepreneurs who are already running food processing enterprises. The important highlights of the scheme are:

    • Assistance to the extent of ₹ 1,00,000.00 for a training program for at least 20 trainees for a period of 10 working days OR a maximum of ₹ 5,000.00 per trainee.

  • PMEGP is credit linked Scheme of Govt. of India by merging erstwhile REGP and PMRY scheme. The salient features are:

    • Assistance under the Scheme is available only to new units to be established.

    • Per capita investment should not exceed Rs. 1.00 lakhs in plain areas and Rs. 1.50 lakhs in Hilly areas

    • The rate of subsidy is 15% - 35% of project cost which would be paid to the loan account.

    • The Margin to be brought by the promoter is 5% of the project cost for Special category (SC/ST, OBC, Minority, Women, PH and Ex-Service men) and 10% of the project cost for General category.

    • Maximum project cost of Rs. 25.00 lakhs in manufacturing sector and Rs. 10.00 lakhs in Service Sector

Freight/Transport Subsidy
  • Not Available

Others

    Infrastructure

  • Creation of Infrastructure for running Diploma/Degree courses in food processing technology Assistance to the extent of maximum ₹ 100 lakhs for pilot plant, laboratory equipments and library books and publications. The beneficiary’s share of expenditure would be in the form of land, building, manpower and other recurring costs.

  • Entrepreneurship Development Program (EDP):

  • The objective of the scheme is to train prospective entrepreneurs/unemployed youth, and encourage them to establish food processing units. This scheme offers assistance to the extent of ₹ 3.00 lakhs per EDP. Each EDP is a 4 week program accompanied with a one year follow up involving at least 25 to 35 participants. Govt. sector bodies, reputed institutes/state level consultancy organizations and reputed NGOs can apply.

  • Food Processing Training Center:

  • The objective of the scheme is to promote processing of locally grown raw material by providing training and hands on experience so as to facilitate the development of rural entrepreneurship. The important highlights of the scheme are:

    • Single Product Line: Assistance to the extent of ₹ 6.00 lakhs for fixed capital costs (P&M) and ₹ 3.00 lakhs as revolving seed capital (raw materials, consumables etc).

    • Multi Product Line: Assistance to the extent of ₹ 15.00 lakhs for fixed capital costs (P&M) and ₹ 5.00 lakhs as revolving seed capital.

    • Training to be imparted to at least 50 trainees/year with minimum two batches. At least 35% of trainees to belong to SC/ST/OBC/women/minorities.

  • Investment in Land, Building, Plant & machinery, Electrification, Essential Office Equipments, Pollution Control Devices and other fixed assets are eligible:

  • For General Category Assistance is 15% limited to Rs 20 lakhs

  • For Young (18 to 45 years), Women and SC/ST entrepreneurs, the assistance is 20% limited to Rs 30 lakhs

  • Enterprises in priority sector is eligible for an additional assistance of 10% limited to Rs 10 lakhs

  • MSMEs started in the districts of Idukki, Wayanad, Kasargode and Pathanamthitta are eligible for an additional support of 10% limited to Rs 10 lakhs

  • Industries setup after acquiring new technology from approved research institutions are eligible for an additional support of 10% limited to Rs 10 lakhs

  • The total eligible assistance for an enterprise is limited to Rs 30 lakhs

    Assistance to Industrial Co-operative Societies with 50% of the Fixed Capital Investment/additional investment including maintenance of building, electrification etc subject to a maximum amount of Rs.4 lakh.20% of the margin of working capital found necessary for six months or 30% of the working capital requirement as margin money towards the working capital loan sanctioned by the financial institute to the Society, as the case may be, subject to a maximum of Rs.1 lakh.

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