KINFRA instrumental in promoting industries in Kerala: CM

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Trivandrum: The Chief Minister, Shri Oommen Chandy has said that the Kerala Industrial Infrastructure Development Corporation (KINFRA) has been a success story and had played a major role in promoting medium and small scale industries in the State.

The CM said this while inaugurating the 22nd KINFRA Day celebrations in Thiruvananthapuram. “Kerala was one of the leading states when it came to medium and small-scale industries. Now it is very hard to get land with all infrastructure for starting industries as land costs have gone up and this is where KINFRA can develop parks for promoting industry. KINFRA has to come up with more parks to help industrial development”, he added.

In his address, Industries Minister, Shri P K Kunhalikutty said that KINFRA now has to move to the next stage. He also stated that land acquisition had become a major problem in the State and this was hindering the industrial growth here.

Ashok K Lahiri, Chairman of the high-level committee to interact with trade and industry on tax laws, Govt of India and former Executive Director of Asian Development Bank delivered the first of the series of lectures held as part of KINFRA Day celebrations. His talk was on ‘Tax reforms and infrastructure investments to boost economic growth’.

Dr Ashok Kumar Lahiri is a political analyst who has conducted extensive studies of electoral behavior in India, and also has extensive experience in Indian policy and decision making. He previously served as Chief Economic Adviser for the Department of Economic Affairs of Ministry of Finance of India, and has held advisory and consulting roles with international organizations including the Asian Development Bank (ADB), the World Bank and the International Monetary Fund (IMF).

Jiji Thomson IAS, Chief Secretary, GoK; K M Chandrasekhar, Vice-Chairman, State Planning Board; and G C Gopala Pillai, Managing Director, KINFRA, were among those who spoke on the occasion.

In the past 22 years KINFRA set up 22 theme based Industrial Parks in Kerala in areas such as garments, infotainment, marine & seafood, rubber, exports, electronics, Textiles, Bio-Technology, food processing, and SME sector.

Kerala Biz News

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