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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

District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
ALAPPUZHA *Kerala State Industrial Development Corporation Ltd (KSIDC) Ongoing M T Binil Kumar, CEO Mega Food Park, KSIDC
Email: binil[at]ksidcmail.org
Mobile: 9846280886
79.1500 NA NA 0.0000 0.2200
PALAKKAD Kerala Industrial Infrastructure Development Corporation (KINFRA) Completed Mr Sathosh Kozhy Thomas Managing Director
Email: kinfrafpd[at]gmail[dot]com
Mobile: 9846010678
61.5600 748 150 0.3298 0.9208
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
ERNAKULAM SYNTHITE INDUSTRIES PRIVATE LTD Ongoing VARGHESE JACOB
Email: viju[at]synthite[dot]com
Mobile: NA
35.4300 356 4000 0.0480 0.0500
WAYANAD Chendayad Granites Private Limited Ongoing Chendayad Granite Private Limited
Email: jovingeorge[at]gmail[dot]com
Mobile: 9544400106
19.5300 236 4000 0.0855 0.0670
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
ALAPPUZHA Sh cold storage pvt ltd Completed Mr.AKS Saravanan
Email: aks.saravanan[at]gmail[dot]com
Mobile: 9344921999
16.9900 100 9552 0.0000 0.4500
ERNAKULAM Abad fisheries private limited Ongoing Anwar Hashim
Email: anwar[at]abad.co[dot]in
Mobile: 9846066644
7.3500 100 9552 0.2700 0.0200
ERNAKULAM *Sun aquatic products private limited Ongoing Joseph J. Vayalat
Email: PTthomas09[at]gmail[dot]com
Mobile: 9961564005
17.3100 NA NA 0.0500 0.0500
ERNAKULAM *Fair exports india pvt. ltd. Ongoing FAIR EXPORTS INDIA PRIVATE LIMITED
Email: francis[at]fairexports.net
Mobile: 9910833977
44.1300 NA NA 0.1000 0.1100
PALAKKAD *Ma cold chain infrastructure Ongoing M.A. Cold Chain Infrastructure
Email: macoldchaink[at]gmail[dot]com
Mobile: 9361903223
26.5200 NA NA 0.2700 0.3200
PATHANAMTHITTA Inkal ventures pvt. ltd Completed Promod Nair
Email: pramod.nair[at]inkal[dot]in
Mobile: 9744606148
13.4900 100 9552 0.3800 0.0000
Warehouse Name Name and Address Mobile Capacity (MT)
Central Warehousing Corporation CENTRAL WAREHOUSE, KAKKANCHERRY,KINFRA TECHNO INDUSTRIAL PARK,KAKKANCHERRY , Distt- Malappuram 9961116536 15346
Central Warehousing Corporation Central Warehouse, Kakkanad,Central Warehouse Kinfra EPIP, Kusumagiri P.O. Kakkanad, , , Distt-NA 9961116536 21850
Central Warehousing Corporation CENTRAL WAREHOUSE,WISE PARK,KANJIKODE , Distt-Palakkad 9961116536 20000
Central Warehousing Corporation Central Warehouse Kannur,Keltron Nagar,Mangattuparamba, Kannur University Campus post , Distt-Kannur 9961116536 9590
Yamada Logistics Private Limited YAMADA LOGISTICS LIMITED C/O K.YASIR ARAFATH,Parappirivu, Near Paragon Steels (P) Ltd.,Unit-2, Kanjikkode, Palakkad - 678621 , Distt-Palakkad 9009002013 1333
Yamada Logistics Private Limited YAMADA LOGISTICS PVT LTD C/o KERALA STATE WAREHOUSING CORPARATION,STATE WAREHOUSE,VANDANMEDU , Distt-Idukki 9009002013 837
Central Warehousing Corporation CENTRAL WAREHOUSE, KOZHIKODE,BEACH ROAD, WEST HILL,KOZHIKODE , Distt-Kozhikode 9961116536 12254
Central Warehousing Corporation Central Warehouse Kunnamthanam,Sidco Industrial Park,Thottappady, Kunnamthanam , Distt-Pathanamthitta 9961116536 12600
Central Warehousing Corporation CENTRAL WAREHOUSE, TRIVANDRUM,KINFRA APPAREL PARK,THUMBA, PALLITHURA PO , Distt- Thiruvananthapuram 9961116536 19000
Central Warehousing Corporation Central Warehouse, Kuriachira,Central Warehouse Kuriachira, , Distt-Thrissur 9961116536 32590
Central Warehousing Corporation Central Warehouse, Gandhi Nagar,Central Warehouse Gandhi Nagar, Kadav Anthra Ernakulam, Kochi-, , Distt-Ernakulam 9961116536 14065
National Collateral Management Services Limited Rubber Mahel,Premises no:16/727,Survey no-243/2, Nallore,Taluka:chittoor,Palakkad 678557 , Distt-Palakkad 8800929850 5000
National Collateral Management Services Limited 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 8800929850 1832
Central Warehousing Corporation Central Warehouse, Wise Park,Wise Park, Kanjikode, , Distt-Palakkad 9961116536 15000
Central Warehousing Corporation Central Warehouse Edathala,,Ettekkar, Edathala North,,Aluva, Ernakulam , Distt- Ernakulam 9961116536 11689
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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