KSIDCKerala State Industrial Development Corporation
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The contract awarded by KSIDC is for design, construction, supply, installation and commissioning of a 3,000 tonne cold storage facility in the approved Mega Sea Food Park at IFC Pallipuram, Cherthala.
The state government subsequently altered the proposal to set up the NBFC with the KSIDC as the major shareholder in the company.
About land availability, Sharma said KSIDC has acquired 2,000 acres of land in Kasargode district alone for industrial purposes.
KSIDC holds an 11 per cent stake in Al-Baraka Financial Services.
According to The Economic Times, the KSIDC will own 11 per cent of the new entity.
According to Kerala Industrial Development Corporation (KSIDC) managing director Manoj Joshi, land developed by government agencies like KSIDC, Kerala Industrial Infrastructure Development Corporation (KINFRA) and Directorate of Industries and Commerce (DIC) would be available to set up industrial units in high-growth industry hubs.
28 -- Nitta Gelatin India Ltd (NGIL), a joint venture between KSIDC & Nitta Gelatin Inc.
The mega food park by KSIDC is being set up at investment of Rs 129.