REPORT OF INDUSTRIAL VISIT

Submitted towards the partial fulfilment of the requirements for the award of degree
of Bachelor of Technology in Mechanical Engineering

University of Kerala
During the academic year 2015-16

Submitted by

RASHID A S
S8 M2
REG. NO: 12400097

DEPARTMENT OF MECHANICAL ENGINEERING

COLLEGE OF ENGINEERINGTRIVANDRUM
2015-16

DEPARTMENT OF MECHANICAL ENGINEERING

COLLEGE OF ENGINEERINGTRIVANDRUM
2015-16

CERTIFICATE
This is certified that Report of Industrial Visits Undergone by Rashid A S ,Eighth
semester student of Department of Mechanical Engineering, College of Engineering
Trivandrum, towards the partial fulfilment of the requirements for the award of the degree of
B.Tech in Mechanical Engineering of the University of Kerala during the academic year
2015-16

1.

Prof. K S SAJIKUMAR
Associate professor
College of Engineering Trivandrum
2.
Dr. HASHIM
Associate professor
College of Engineering Trivandrum
3.

Prof. Ajith R R
Associate professor
College of Engineering Trivandrum

Prof. G.L Aswini Kumar

Head of the Department

ACKNOWLEDGEMENT
I am very glad to express my deep sense of gratitude to all those concerned and
especially to our principal Dr. P.C.Reguraj, and to all the staff of College of Engineering,
Trivandrum for their encouragement and support in the successful conduct of the industrial
visit and this report.
I am extremely thankful to Prof. G L ASWINI KUMAR, Head of the Department,
Mechanical Engineering, for his kind and inspiring advices given to me. I would like to
express my sincere gratitude to Prof. K S SAJIKUMAR, Prof. AJITH R R and Dr.
HASHIM for their motivation, suggestion and valuable guidance to complete work timely
and successfully. I express my sincere thanks for their cooperation, encouragement and
constant help.
I am also thankful to each of my colleagues who helped and co-operated with me in
conducting the seminar by their active participation.

Rashid A S

COCHIN SHIPYARD LIMITED (CSL)

INTRODUCTION
Cochin Shipyard Limited (CSL) is one of the major shipbuilding and maintenance
facilities in India. It is part of a line of maritime-related facilities in the port-city of Kochi, in
the state of Kerala, India. Of the services provided by the shipyard are building platform
supply vessels and double-hulled oil tankers. Presently it is building the first range of
indigenous aircraft carriers for the Indian Navy, the Vikrant-class aircraft carriers. The first
ship to roll out of the Cochin Shipyard was the MV Rani Padmini in 1981. The yard has
delivered two of India's largest double-hull Aframax tankers each of 95,000 DWT.
CSL has secured shipbuilding orders from internationally renowned companies
from Europe and the Middle East. The shipyard is building six 30,000 DWT bulk carriers
for Clipper Group of the Bahamas and the first three vessels have been launched.
Eight platform supply vessels for the Norwegian Seatankers Management Company, are also
under construction. Cochin Shipyard is currently building India's first indigenous aircraft
carrier. The Vikrant-class aircraft carriers (formerly, the Project 71 "Air Defence Ship"
(ADS)) are the first aircraft carriers of the Indian Navy to be designed and built in India. The
carriers will be the largest warships built by CSL. As of March 2016, it has nearly completed
the construction of the first Vikrant-class carrier, the INS Vikrant.

SHIP BUILDING
Ship building department consists of 3 sections which are

Hull shop
HE and GA
Out fit

HULL SHOP
The Hull Shop is self-contained with infrastructure required for fabrication of hull
blocks up to 50 T. The shop is provided with EOT cranes (50 T) for along the bay movements
and gantry crane (20 T) and trailers for across the bay transfer of materials.
The four processes that take place in the hull shop are

Preparation
1. Plate preparation
: The mild steel sheets are picked from steel
yard and is fed into the hull shop for further processes
2. Sectional preparation : different sections are prepared such as Isection, T-section, brackets etc
Sub-Assembly
In this stage the sheets are joint by welding etc
Assembly
5

This shop has telescopic sliding roof with gantry cranes of 300 T and
150 T which spans over it and building dock. Hull blocks up to 450 T can be
jumboized here and erected in the building dock using the gantry crane. In
addition, two 20 T capacity EOT cranes are there in the shop.

Grand Assembly

Here parts more than 50 T are assembled

HULL ERECTION AND GRAND ASSEMBLY
After assembly, the blocks more than 50 T are welded together in grand assembly
shop or in dock. This parts are joined together to form ships hull its called hull Erection.
And the reaming grand assembly is done after hull erection
OUTFITTING
After completing hull erection and grand assembly outer frame is over. And we have
to place other equipments, pipes valves, engine, interior works controlling measures etc. This
is done through outfitting

UTILITIES AND MAINTENANCE DEPARTMENT

For the processes of ship buildings and repairing to go about smoothly, they require
the U & M department. The main objectives of the U &M department are
1. Upkeep of machinery in the various department of CSL
2. Acting as liaison for CSL and conducting statutory tests
3. Providing utilities like raw materials, electricity, transport etc
U & M department

Mechanical shop
MM1 & MM2
Electrical shop
EM1 , EM2 & EM3
Electronic shop
Transport section

Activities taking place in U & M department

Maintenance
Supply of consumables
Power supply
Transportation
Communication
Office facilities
6

 Statutory testing
Building maintenance
Dock operations
TRANSPORT SECTION
This section is responsible for the testing of the vehicles, crane and other transports
and making the availability for use
This section also provide taxi services for officers
PUMP HOUSE
This section controls the movement of various liquids
The machinery in pump house are

Ballast pump
Main distributer pump
Gate winch

COMPRESSOR HOUSE
Consist of 6 compressors of which 2 are screw compressors and 4 are reciprocating
compressors
1. Reciprocating compressor : uses reciprocating pistons for compressing air
2. Screw / centrifugal compressor : use the opposite principle as in turbines , it is 3 stage
process

SHIP REPAIR
Ship repair section mainly concentrates on the repair and maintenance of the ships. When a
ship comes to the dock for any repair purpose, SR department is taking care of it. Any tests
and repair needs to be done by this section. There are various shops under ship repair section
which are

Engine shop
Machine shop
Electric shop
Quality shop
Survey shop
Rigging and painters shop

ENGINE AND MACHINE SHOP

7

Works done in this shop are shaft polishing, rudder fitting and maintenance, small
plate manufacturing, inserting sleeves onto the shafts, engine check up, lathe operations etc

ELECTRIC SHOP
o Winding machine : wires are coiled using this machine
o Scrapping and chipping machine : chalk fast ruing is used preset moulds of
good accuracy are made and molten metal is poured into it
o Electric component assembly
o Fabrication area
PIPE SHOP
Mostly 2 types of pipes and tubes are used in this area which are seam and seamless
pipes
Seam pipes: electric resistance welding
Seamless pipes: billet and mandrel is used
Pipes are known by its nominal bore and then the outer diameter. The wall thickness may
vary.
QUALITY CONTROL
Major on tests done by ship repair are
o
o
o
o
o

Leak proofing test for welded regions

Vacuum test
Air pressure test
Hose test
Ultrasonic test

FERTILIZERS AND CHEMICALS, TRAVANCORE

(FACT)
FACT Township, Udyogamandal, Eloor, Kochi, Kerala

INTRODUCTION
The Fertilisers and Chemicals Travancore Limited (or FACT Ltd), a fertiliser and
chemical manufacturing company in Kochi, Kerala, India, was incorporated in 1943, by
Maharajah Sree Chithira Thirunal Balarama Varma. In 1947 FACT started production of
ammonium sulphate with an installed capacity of 50,000 MT per annum at Udyogamandal
8

near Cochin. It is the first fertiliser manufacturing company in independent India and also the
largest Central public Sector Undertaking (CPSU) in the State of Kerala. The company has 2
production units - Udyogamandal Complex (UC) at Eloor, Udyogamandal, and Cochin
Division (CD )at Ambalamedu. The Caprolactam plant in Udyogamandal was commissioned
in 1990. Main products of the company include Ammonia,Sulphuric Acid, Ammonium
Phosphate-Sulphate (FACTAMFOS), Ammonium Sulphate, Zincated Ammonium Phosphate,
Caprolactam, and also complex fertilizers. Gypsum, Nitric acid, Soda Ash and coloured
Ammonium Sulphate are major by-products.
The factory commenced production of ammonium sulphate in 1947 at the dawn of
Indian independence using wood as the raw material for production of ammonia. With the
effect of time, wood gasification became uneconomic and was replaced with naphtha
reforming process.Through a series of expansion programmes, FACT soon became the
producer of the widest range of fertilizers suited for all crops and all soil types in India.It
became a Kerala State public sector enterprise in 1960 and in 1962,it came under the
Government of India. Diversification to full-fledged engineering services (FEW)in the
fertilizer field and allied areas followed. The next major step forward was the diversification
of petrochemicals,an important milestone in the growth of the company. FACT has formed a
Joint Venture Company with Rashtriya Chemicals & Fertilizers Limited, named FRBL
(FACT RCF Building Products Ltd) for manufacturing load bearing panels and other building
products using phosphogypsum.FRBL PREFAB RAPIDWALL is a revolutionary, low cost,
pre fabricated, load bearing cellular walling product suitable for use in residential,
commercial, and industrial building construction.

FLAGSHIP PRODUCTS
1. CAPROLACTAM: It is the raw material (precursor) for Nylon-6. The product quality of
FACT Caprolactam is claimed to be among the best available in the world.
2. AMMONIUM SULPHATE: Ammonium Sulphate is a nitrogenous fertiliser containing
20.6% nitrogen, entirely in ammonical form. It has excellent physical properties; nonhygroscopic, crystalline and free flowing. It is ideal as a straight nitrogenous fetiliser and also
as an ingredient in fertiliser mixtures. It is the most widely preferred nitrogenous fertiliser for

top dressing on all crops. Another unique advantage is that it contains 24% sulphur, an
important secondary nutrient.
3. FACTAMFOS (AMMONIUM PHOSPHATE SULPHATE): FACTAMFOS 20:20:0:13 is a
chemical blend of 40 parts of ammonium phosphate and 60 parts of ammonium sulphate. It
contains 20% N and 20% P2O5. The entire N is in ammonical form and P is completely water
soluble. In addition, FACTAMFOS contains 13% sulphur, a secondary plant nutrient which is
now attaining great importance in the agricultural scene. FACTAMFOS 20:20:0:13, with the
granular form and non-hydroscopic and free flowing nature, have excellent physical
properties. It is ideal for application on all soils and all crops. FACTAMFOS 20:20:0:13 can
also be used for foliar application
4. FACT GYPSUM: A by product of phosphoric acid, is a rich and cost effective source of 16%
sulphur and 22% calcium. FACT is marketing bagged gypsum in brand name FACT Gypsum
all 4 southern states as a soil conditioner with fertilising properties.

10

PROCESS
Cyclohexanone, the main intermediate, is produced from benzene by hydrogenation
to cyclohexane and subsequent oxidation. Hydroxylamine, the second intermediate, is
obtained in the form of its stabler sulphate salt, from ammonia, sulphur-di-oxide and
ammonium nitrite by the proven, easy-to-operate and efficient Raschig route.

11

Cyclohexanone oxime is formed by the reaction of Cyclohexanone and

Hydroxylamine. Caprolactam is produced by the Beckmann rearrangement of the Oxime in
the presence of oleum. The subsequent neutralisation step yields ammonium sulphate as coproduct. The crude Caprolactam is purified by solvent extraction, ion-exchange,
hydrogenation, evaporation and vacuum distillation to obtain products of extremely high
purity and consistent quality.

RECENT DEVELOPMENTS

Union Ministry for Chemicals and Fertilizers have agreed to handover a relief
package of Rs. 1000 crore.
Mobilizing assets by leasing out unused land for commercial purposes

12

FAMILY PLASTICS AND THERMOWARE (P) LTD

INTRODUCTION
Plastics, the wonderfully mouldable material, seem to have taken over the
world today. The innumerable products made out of it find infinite variety of uses in almost
all walks of life.In a market crowded with brands - some of them good, many of them bad there are a few like us, FAMILY PLASTICS, towering over the rest through the sheer strength
of quality. The timely delivery of quality products such as moulded furniture, household
items, kitchen containers, fancy articles, garden planters and flower pots, at competitive rates
makes it one of the most sought after names in the Plastic Industry. Ever Since its inception,
the relentless quest for quality has made our products a resounding success not only in India
but also in the Export market that spread from the beautiful cities of North America to the
interiors of Middle East and Maldives.The laurels of excellence are many. In recognition of
the spirit fo enterprise and as a celebration of his vision of excellence, our founder, Mr.
Daniel A. Fernandez was conferred the Udyogpatra Award by the Institute of Industrial
Development, New Delhi. He has also won several export awards from the Government of
India.

THE VISIT
Family plastics is a known for products like moulded furniture,household
items, kitchen containers, fancy articles etc. Injection moulding technology is used for the
manufacturing og goods. Extrusion process is also used for manufacturing plastic bags.The
machineries using in industry are numerically controlled and it makes process easier.
The following are machines used in indusry;
1.
Jonwai- JW-150-SD injection moulding machine for making Buckets.
2.
Polosmart-80 injection moulding machine for chairs.
3.
Fedromatic milacron injection moulding machine for making small chairs
4.
Cincinanati milacrone injection moulding machine for making trays.
High Density Poly Ethylene and Low Density Poly Ethylene is used for moulding. Required
colour is added by Masterbatch.

MANUFACTURING SECTION
13

There are 3 units for manufacturing different goods.One major unit consists of 23 mchineries
and other two have 5 machineries. First section consists of 140 skilled labours for operation.The
machines used for moulding is of injection moulding type and numerically controlled.

Jonwai-JW-150
It is a horizontal injection moulding machine.Which is used to manufacturing buckets.It
mainly consists of clamping unit, injection unit and microprocessor controller unit. Compact clamping
unit has large inner rod distance and thickened platen can minimize the toggle pressure, lower
deformation, high structural rigidity and reliability. It can accommodate large mold with core
cylinders and sliders. The toggle moves the platen very quick and smoothly. Table shows the
specification of machine.
Screw diameter

50 mm

Shot size

347 mm

Injection pressure

1637 Kg/cm2

Clamping force

150 tonn

Clamp stroke

400 mm

Mold height

150-450 mm

Distance b/w tie rods

430 * 430

Motor rated

30 HP
Table : specification

PROCESSES
High Density Poly Ethylene (HDPE) and Low Density Poly Ethylene (LDPE) is used
as the raw material.Masterbatch is used to add the colour.

LDPE has following features;

Lightweight
Tough and flexible
Excellent chemical resistance
Natural waxy appearance
Low cost

HDPE has following features;

Tough and stiff
Excellent chemical resistance
14

Natural waxy appearance

Low cost

The process for injection molding is very short. It consists of following stages.
1.

Clamping

Prior to injection of the material into the mold, the two halves of the mold first
securely closed by clamping unit. Each half of mold is attached to the injection molding
machine and one is allowed to slide. The hydraulicaly powered clamping unit pushes the
mold halves together and exert sufficient force to keep the mold securely closed while the
material is injected.
2.

Injection

The raw plastic material inform of pellets , is fed into the injection molding machine
and achieved towards the mold by the injection unit. During the process the material is
melted by heat and pressure. The molten plastic is then injected to the mold very quickely and
the buildup of pressure packs and holds the material. The amount of that is to be injected is
termed as shot. The injection time can be estimated by the shot volume, injection pressure,
and injection power.
3.

Cooling

The molten plastic that is inside the mold begins to cool as soon as with the interior
mold surface. As the plastic cools, it will solidify into shapes of desired part. However during
cooling shrinkage of part may occure. The packing of material in the injection stage allows
additional material to flow into the mold and reduce the amount of visible shrinkage. The
mold cannot be opened until the required time can be estimated from several thermodynamic
properties and maximum wall thickness of the part.

4.

Ejection

After sufficient time has passed, the cooled part may be ejected from the mold by the
ejection system, which is attached to rear side mold. When the mold is opened , a mechanism
15

is used to push the part of mold. Force must be applid to eject the part because during cooling
part shrinks and adheres to mold. Inorder to facilitate the ejection of the part, a mold release
agent can be sprayed onto surface of the mold cavity prior to ejection of material. Once the
part is ejected, the mold can be clamped shut for next shot to be injected.
After the injection molding cycle, some postprocessing is typically required. During
cooling, the material in the channels of the mold will solidify attached to the part. This excess
material, along with any flash that has occurred, must be trimmed from the part, typically by
using cutters. For some types of material, such as thermoplastics, the scrap material that
results from this trimming can be recycled by being placed into a plastic grinder, also called
regrind machines or granulators, which regrinds the scrap material into pellets. Due to some
degradation of the material properties, the regrind must be mixed with raw material in the
proper regrind ratio to be reused in the injection molding process.

16

TALK SERIES REPORTS

1. ATOMIC ENERGY AND ITS CHALLENGES
Mr. G. Padmakumar Head , Sodium Experiments and Hydraulic Division Indira
Gandhi Centre for Atomic Research (IGCAR), Department of Atomic Energy (DAE)
delivered a speech on most talked about atomic energy plants and the major challenges
associated with setting up a nuclear power plant on 18th March 2016.
The emphasis was on the present power plants and the need to increase the percentage
of such energy source for sustainable development. The talk included various stats showing
the present energy consumption and the vast possibilities provided by introduction of more
such plants in the country. The per capita consumption of energy in India is just about
778kwh which compared to that of China (over 2000kwh) is very less, the per capita is an
indicator of the scale of development in acountry . So in this context we need to improve on
that and nuclear power is one source that can improve the present scenario.
During the talk he mentioned about France which have 70 % of its power production
by nuclear plants. There are 437 nuclear power plants in the world , while they are very much
promising there are large number of challenges faced by this plants.
The major challenges to such plants include availability of fuel , public and political
and other environmental issues. All these aspects were mentioned in the talk and gave us an
insight into the different power plants in India. The constructional and inspection phase of a
nuclear plant was discussed .
The talk in general provided students about the working of the different components
in an active power plant and it helped relate the subjects we have learnt with practical
knowledge.

17

2. FUNCTIONAL CERAMICS AND ITS APPLICATIONS

Dr. S Ananthakumar , Senior Principal Scientist , Material Science and Technology
division, CSIR NIIST delivered an interesting lecture on the topic Functional Ceramics And
Its Applications on March 25,2016.
He stressed on the importance of Functional Ceramics in the present day technologies.
Functional Materials has activities related to nano-ceramics, energy materials,
polymeric materials, electronic materials and magnetic materials. The lecture covered the
following subtopics

Nano-ceramics

Energy Materials

Polymeric Materials

Electronic Materials

Magnetic Materials
He shared his experiences in the field of research related to these topics and brought

out the latest developments in the field. With the topic energy materials, he covered various
coatings that could be adopted so as to protect a building from adverse climatic conditions
and ensure safety and comfort of humans.
He gave a brief description about the application of Nano Ceramics in the field of
aerospace. These included aluminium oxide, metalized Aluminium oxide PZT ceramics etc.
The properties of each type were explained and suitable selection criteria were identified.
Further details on various polymeric materials were imparted to us. Overall, the talk
provided students with a general outline on the role of Functional ceramics in the present day
technologies that affect human life.

18

3. SPACE APPLICATIONS OF COMPOSITE MATERIALS

On Tuesday, 29th March, the talk on Space applications of composite materials,was

conducted by Shri.A.Rajarajan, Deputy Director, CMSE, VSSC/ISRO. He has worked
extensively in the area of design and processing of composites products and has
developedMini filament winding and Moulding technologies during development of
Pressurant tanks and Solar Panel substrates for ISRO spacecraft programs. He played a
pioneering role in conceptualizing and implementing the usage of CAD techniques and
Numerical (FEA) Methods for design and analysis of Composite Structural products for
ISRO. He has several national and international papers in the area of composites.
A composite material (also called a composition material or shortened to composite)
is a material made from two or more constituent materials with significantly different
physical or chemical properties that, when combined, produce a material with characteristics
different from the individual components. The individual components remain separate and
distinct within the finished structure. The composites are found to be inhomogeneous and
anisotropic in nature.The new material may be preferred for many reasons: common
examples include materials which are stronger, lighter, or less expensive when compared to
traditional materials. More recently, researchers have also begun to actively include sensing,
actuation, computation and communication into composites, which are known as Smart
Materials.
The composites are basically produced with two constituents, namely the bulk
material and reinforcement. Usually a Resin matrix is used as the bulk material and some
form of Fibres are employed as reinforcement. The fibre acts as the load bearing member of
the composites. This combination of resin and fibre leads to synergy, and thus the products
formed (composites).Thecompositeshave immensepotentialinaerospace applications.These
include,
1. Development of solders for use in cryogenic applications:Most of the conventional solders
which are tin based become brittle atcryogenic temperatures. For cryogenic applications it is
19

necessary todesign alloys with good soldering characteristics and also having ductility atcryo
temperatures.
2. Development of Process Technology to coat SiC chopped fibres with BN and Carbon:SiC
fibre reinforced composites are suitable candidates for thermo-structuralcomponents of
reusable launch vehicles and air breathingengines. In order to maintain the integrity of the
composite for a longerduration under loading these fibres need to have suitable coating
beforeincorporating intro the matrix. In addition reinforcing the coated fibre leadsto proper
adhesion aids in stress release.
3. Sub microstructure characterization of Al-Li alloys:Al Li alloys are being
developed as a potential candidate for the futurepropellant tankages and structural material
for the launch vehicles andsatellites.
4. Development of Processing Maps for High Temperature Aerospacealloys:High
temperature materials are being developed or the futuristic launchvehicles like RLV, TSTO,
SSTO, HSP missions of ISRO. High temperaturedeformation processing of these materials is
complex and poses manychallenges to manufacturers.
5. Evaluation of Ceramic matrix composites based on SiC and ZrB2 forbehaviour
under water vapour containing environments at hightemperatures and development of
suitable coatings.
6. Oxidation behaviour of advanced high temperature coatings for superalloys and Tibased intermetallic alloys:Inter-metallics such as Gamma Ti-Al and super alloys are
considered

asgood

candidate

alloys

for

high

temperature

applications

due

to

severaladvantages. However, these alloys can be used at high temperature withgood coatings
covering bond coat along with TBC ceramic coatings.
7. Development of nano composite coatings for corrosion protection oflight alloys
such as Aluminium and Magnesium:Aluminium and magnesium alloys are widely used in the
aerospaceindustries due to light weight and other properties. However, they areprone to
corrosion in the environment containing chlorides. Hence thesealloys are mostly used in
coated conditions covering single and multiplelayered coatings of epoxy and polyurethane.
Currently nano compositecoatings are reported to show good barrier corrosion properties and
henceshow more advantages than the traditional coatings.

20

8. Development of Thermoplastic Elastometers for LCVG for Space Suit:Liquid

Cooling & Ventilation Garment (LCVG) of space suit requires a"wicking material" which
allows one-way water transport. Material usuallyused is a block copolymer based on
polyethylene oxide (PEO) softsegment and Polyether-ester block amide (PEBA) hard
segment.

Thepolymer

should

have

high

tear

strength,

toughness

and

water

vapourtransmission.
9. Development of Addition Curing Silicone Binder Resin Systems Along with Its
Catalyst:These polymers are used for thermal paints for satellite components. Theproposal
involves indigenous development of silicone polymers withpendant hydrosilyl (-SiH) and
vinyl groups and suitable platinum catalystsoluble in these silicone polymers.

4. KERALA STATE ENTREPRENUERSHIP DEVELOPMENT

MISSION
Sri. K. S. Rajeev of Kerala Financial Corporation (KFC) delivered an enlightening
and useful talk on a financial scheme aimed at entrepreneurs and start-ups on April 1,2016.
After presenting a brief introduction of the organisation and its role in the present financial
market, he shifted the focus of the talk to the much anticipated scheme that is meant to boost
entrepreneurial dreams.
Kerala Financial Corporation (KFC) incorporated under the State Financial
Corporations Act of 1951, is a trend setter and path breaker in the field of long term finance,
playing a major role in the development and industrialisation of Kerala. It was established as
the Travancore Cochin Financial Corporation on 01.12.1953. Consequent to the
reorganization of states on linguistic basis in November 1956, Kerala State was formed and
the Travancore Cochin Financial Corporation was renamed as Kerala Financial Corporation.
The main objective of KFC is the rapid industrialization of the state by extending
financial assistance to Micro, Small and Medium Enterprises in manufacturing and service
sector. SFCs Act empowers KFC to formulate suitable loan schemes for achieving the above
said objectives. Corporation can give financial assistance for setting up of new units and for
the expansion / modernization / diversification of existing units in both manufacturing and
service sectors.

21

Kerala State Entrepreneur Development Mission (KSEDM) targets potential

entrepreneurs between the age of 18-40 years, irrespective of gender or educational
qualifications. Depending on the scale of the projects, KSEDM provides loans of various
sizes. These interest-free loans can be paid back over a period of five years. The first year is a
moratorium period where no repayment is required. The business is allowed to grow during
this period. Repayment commences after the first year and the principal amount should be
paid back in the next four years, in equal instalments.
KSEDM provides loans of up to Rs. 10 lakhs per person, to technocrats or MBA
graduates, and a maximum of Rs. 20 lakhs per project. For aspirants with lesser educational
qualifications, loans of up to Rs. 4 lakhs per person to a maximum limit of Rs. 20 lakhs are
allowed. KSEDM invites proposals for loans at regular intervals of time. Proposals can be
submitted and are evaluated by a board of experts, based on the project specifications. The
scale and feasibility of the project are studied and a shortlist of potential candidates is
prepared. Candidates are called for an interview where they are required to present their
proposal before a board which will question them on various aspects, to determine the
viability of the project. Once the board is satisfied, the loan is approved and funds are
transferred to the candidates as per requirement, for things like capital, working capital and
marketing.
Upon approval of loan, KSEDDM also provides consultancy services with expert
guidance for the entrepreneurs. It also provides the necessary training for the candidates in
order to successfully implement their projects and aids them in generating a turnover within a
year.
Since inception KFC has disbursed over Rs. 3000 Crores to more than 40,000
projects, spread over the length and breadth of the State.

22

23

SUMMARY
Sl.

Name Of Company

No.

Date Of
Visit

1.

Cochin Shipyard Limited (CSL)

2.

Fertilizers and Chemicals, Travancore

3.
4.

(FACT), Kochi
Family Plastics And Thermoware (P) Ltd

26/8/2015

23/01/16