India News | Kerala's First Industrial Facilitation Centre Inaugurated at Ettumanoor
Get latest articles and stories on India at LatestLY. Kerala on Monday took a major step in strengthening its MSME ecosystem with the launch of its first Industrial Facilitation Centre by the Kerala Small Industries Development Corporation (SIDCO) at Ettumanoor here.
Kottayam (Kerala), Jun 9 (PTI) Kerala on Monday took a major step in strengthening its MSME ecosystem with the launch of its first Industrial Facilitation Centre by the Kerala Small Industries Development Corporation (SIDCO) at Ettumanoor here.
The centre, inaugurated by Industries Minister P Rajeeve, is designed to provide one-stop support for small-scale entrepreneurs in areas like raw material procurement, marketing, and grievance redressal.
Speaking at the event, Rajeeve announced that the government is considering the industrial use of idle land under local bodies and the Cooperative Department to expand infrastructure.
He highlighted that 37 private industrial parks have already received approval, with 11 more campus-based parks to be launched soon.
Ten acres of unused land at Ettumanoor under the Central Industries Department are also being considered for productive industrial use, he said.
The new centre, built at a cost of Rs 1.32 crore and spread across three floors, also houses SIDCO's marketing and estate offices, an official statement said quoting him.
Emphasising the government's commitment to transparency, the minister further noted that all public sector managing director appointments will now be handled through a recruitment board, with no political influence.
Ports and Co-operation Minister V N Vasavan, who presided over the function, said the centre will help expand the product range and marketing reach of small industries.
Kottayam Lok Sabha member K Francis George said that the business environment in Kerala has become more favourable for entrepreneurs.
SIDCO Chairman CP Murali, MD R Jayashankar and other dignitaries were also present during the function, the statement added.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)