Financial Daily from THE HINDU group of publications
Thursday, Oct 21, 2004
Industry & Economy
Kinfra park at Koratty ready
A view of the Kinfra Industries Park at Koratty.
Kochi , Oct. 20
AS many as 12 firms have been allotted land to set up industrial units at the newly set up Kinfra Industries Park, Koratty, which is to be inaugurated by the Chief Minister, Mr Oommen Chandy, on Friday.
The industries park, built by the Kerala Industrial Infrastructure Development Corporation (Kinfra) in 20 acres of land in Koratty, is expected to boost industrial development of Thrissur district. The park, set up under the Integrated Infrastructure Development Scheme (IIDC), is aimed at establishing small and tiny industrial units and the companies that have been allotted land include KSE Ltd, Elite Foods Pvt Ltd, Moksha Foods and Beverages Pvt Ltd etc. Senior Kinfra officials said here that the various infrastructure development work and work with respect to land development, water source, distribution and power supply have been completed.
A 33-kV substation is to be set up to provide uninterrupted power supply in the park. Rainwater harvesting facilities to recharge water sources would ensure that there was no shortage of water, the officials said.
Kinfra is a statutory body formed by the State Government in 1993 to facilitate development of industrial infrastructure.
All Kinfra parks have facilities such as developed land, dedicated power, continuous water supply, communication facilities etc.
In addition to these, parks also have supporting social infrastructure facilities like administrative block, bank, post office, round the clock security etc.
The industrial-specific parks established by Kinfra provide ready-made manufacturing environment. The main objective behind developing the industrial park is to facilitate easy start up of industrial units with minimum time and cost.
As many as 16 theme-based industrial parks have been started in the State and this includes Kinfra Export Promotion Industrial Parks Ltd, food processing parks, high tech park etc.
The single window clearance mechanism inside the Kinfra parks enables the prospective entrepreneur to get all the clearances in minimum time, the officials added.
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