Institutions, Agencies and Boards promoting Industries in Kerala

The Institutions in Kerala promoting Industries are,

■ Kerala Financial Corporation (KFC)

The Kerala Financial Corporation is a public sector financial institution that drives industrial development by providing tailored loan schemes to MSMEs and startups across the state

■ Kerala State Industrial Development Corporation (KSIDC)

The Kerala State Industrial Development Corporation (KSIDC) is an investment promotion agency of the Kerala Government. It was established in 1961 to catalyze large and medium-scale industrialization and infrastructure development in the state.

■ Small Industries Development Corporation of India (SIDBI)

SIDBI was established for promoting, financing, and assisting in development of industries in the small scale sector.

■ Kerala Industrial Infrastructure Development Corporation (KINFRA)

KINFRA is Kerala Infrastructure Development Corporation. It was set up in 1993. Its headquarters is at Thiruvananthapuram. They develops physical infrastructure across the state by establishing specialized parks like defense, apparel, electronic and industrial parks.

■ Small Industries Service Institute (SISI)

SISI is Small Industries Service Institute. It is located at Thrissur.

■ Infrastructure Kerala Limited (INKL)

Established in 2007. It is a PPP initiative promoted by the Kerala Government to accelerate infrastructure development across the state.

■ Directorate of Industries & Commerce (DIC)

Implements industrial activities and supports MSMEs through 14 District Industries Centres.

■ Kerala Small Industries Development Corporation (SIDCO)

SIDCO is Small Industries Development Corporation. It is established in 1975. They assists small-scale enterprises with raw materials and infrastructure.

■ Kerala Industrial and Technical Consultancy Organization (KITCO)

KITCO is Kerala Industrial and Technical Consultancy Organization. It is situated at Ernakulam.

■ Rural Infrastructural Development Fund (RIDF)

RIDF is Rural Infrastructural Development Fund. It was formed by NABARD in 1995-96.

■ Kerala Bureau of Industrial Promotion (K-BIP)

They are the promotional arm of the Industries Department of Kerala Government. They focuses on technology infusion, skill development, and cluster development

■ Kerala Startup Mission (KSUM)

They serves as a nodal agency for promoting the technology startups and implementing the state startup policy.

■ Kerala Khadi & Village Industries Board

They promotes traditional village and cottage industries.

■ Centre for Management Development (CMD)

The Centre for Management Development (CMD) is an autonomous institution of Kerala Government established in 1979 under the Department of Industries and Commerce. It functions as a research-driven management consulting, advisory, and training agency. It serves as professional managerial support to central, state and local governments, development organizations and corporate entities.

■ Kerala Institute for Entrepreneurship Development (KIED)

They conducts training programs and manages the entrepreneurship development clubs in schools and colleges.