Kinfra, which was initiated 25 years ago to foster development of basic infrastructure for entrepreneurship, is venturing into more innovative projects. Kinfra has already provided basic infrastructure for entrepreneurs in its 3,300 acres of land that comes under the land bank. Kinfra has 24 business parks, including industry parks and segment-specific parks like food and defence parks, in the state. So far, Kinfra could initiate thousands of enterprises and thus generate more than 25,000 employment opportunities. Now, the Kerala Industrial Infrastructure Development Corporation works towards acquiring another 6000 acres in the next two years to develop business parks for industrial purposes. It also materialisies the crucial execution of Bangalore-Kochi industrial corridor in the state.
Kochi – Bengaluru Corridor to change the face of industrial sector
At a time when enterprises are thriving in the state, Kinfra is setting a suitable environment for them. Kinfra Managing Director Santhosh Koshi Thomas explains the journey of Kinfra so far. Now, like neighboring states, Kerala too is able to provide basic infrastructure and government license to enterprises. Kinfra is the nodal agency for the Kochi-Bengaluru Industrial corridor, which connects Palakkad, Thrissur and Kannur districts. Kinfra plans to complete the Kochi-Bengaluru Industrial corridor in March 2021. Expectation is that the corridor would give a new face to the industrial segment in Kerala.
Kinfra to acquire 8,000 acres in 5 years
Kinfra allocates facilities on a sqft basis. Any enterprise can make use of Kinfra’s facilities. Details of available spaces can be found on the official website. One can also apply through the website. Permit will be issued within 3 weeks. Kinfra Managing director Santhosh Koshy says that Kinfra could offer spaces to 50 enterprises at an investment of Rs 300 Cr within 5 months. In addition to other initiatives, it will provide special spaces to MSME units. Within 5 years, Kinfra plans to find 8,000 more acres land for business parks, which will also have Standard Design Factories (SDF) spaces. It is expected that more entrepreneurs will reach Kinfra park as it allows all kind of entrepreneurs to lease land
