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KERALA STATE INDUSTRIAL DEVELOPMENT CORPORATION Ltd
Project work submitted in partial fulfillment of the requirements for the award of the degree of Master of Business Administration
Submitted by: ABILASH DANIEL GEORGE CHITHRALEKHA R. RESHMA M. NATH SHILPA BABU
COLLEGE OF ENGINEERING, TRIVANDRUM (AFFLIATED TO THE KERALA UNIVERSITY) Thiruvananthapuram
We do hereby declare that this project titled “ORGANIZATION FAMILIARIAZATION STUDY AT KSIDC” is an authentic record of original project work carried out by me at KSIDC, Trivandrum and is submitted to Cochin University of Science and Technology in partial fulfillment of the requirements for the award of the degree of “Master of Business Administration”. It is a record of original work done by me during my period of study, under the guidance of
Mr.T.A.Krishnamoorthy, General Manager of this organization.
TRIVANDRUM JULY 2011
ABILASH DANIEL GEORGE CHITHRALEKHA R. RESHMA M.NATH SHILPA BABU
We place this work titled “ORGANIZATION FAMILIARIAZATION STUDY AT KSIDC”at the feet of God Almighty with respect for giving me courage and wisdom to take up the study and complete it in time. We express my acknowledgement and gratitude to Mr.T.A.Krishnamoorthy, General Manager, KSIDC, who gave us the golden opportunity to conduct an organizational study over here. We would like to thank our Principal, Dr. J. Letha and our head of the Department Prof. S. Sivakumar for giving us an opportunity to study an organization. We also express my deep sense of gratitude to all faculty members and friends who have rendered their help.
OBJECTIVE AND SCOPE OF STUDY AN OVERVIEW ON KSIDC IMPORTANCE OF KSIDC
VISION AND MISSION CORPORATE OBJECTIVES DESCRIPITION HEIRARCHY
ROLE AND SCOPE OF KSIDC
Major Areas of Activities KSIDC Service Allied Supporting Service Support Service Major Initiatives
BUSINESS DIVISION OF KSIDC Industrial and Investment Promotion Projects Financing Recovery and Monitoring Group Company Law Group Finance and Accounting Group Industrial Consultancy and Corporate Planning Statistics and Planning Group Administrative and HR Group Industrial Growth Centers Electronic Development Programme Group FINANCIAL PERFORMANCE CONCLUSION BIBLIOGRAPHY .
INTRODUCTION We are living in a fast changing business world. Therefore theoretical knowledge alone can’t fulfill the needs of business school students. SCOPE The main aim of project report is to cover the functioning of all major departments of KSIDC Ltd. To understand the organization structure and the working of various functional department in KSIDC Ltd. It also includes the organizational structure of the firm. OBJECTIVES To study the organization profile of KSIDC Ltd.. To acquire knowledge about functional as well as managerial aspects of KSIDC Ltd. To study and analyze the balance sheet of 2007-08. As part of MBA course I got an opportunity to visit an organization and study all the functional departments of the firm. The report helps to know different challenges faced by managers to implement theoretical aspects of business to practice. The main aim of organization study is to gain an organizational familiarity and in depth knowledge of the functioning of various departments.. . The study was conducted in Kerala State Industrial Development Corporation Ltd.
. They are closely associated with every project and assists investors in every steps. Kerala State Industrial Development Corporation (KSIDC) pervades each and every industry related activity in the state. KSIDC provide support for investors. Established way backs in July 1961 to nurture the medium and large scale industrial sector in the state. The incentive schemes of the state are processed and constant interaction between the government and industrial sector is facilitated so that timely and appropriate support is given to the industry.AN OVERVIEW ON KSIDC In recent years Kerala has witnessed numerous developments in the industrial front and our role as the premier promotional agency and facilitator for industrial growth attains special significances since the onus of spear heading the state in the industrial frontier rests on our shoulders. KSIDC advice the state government on key facts of the state’s industrial policy and organizes promotional campaigns both in India and abroad. This team of professionals’ has exposure in project planning and management over wide range of industrial sectors forms the core development of the corporation. venture fund managers and financial institutions enable them to provide value added service for industries. Finance and Law. KSIDC constitute a group of professionals from various fields including Management. Strategic alliance with leading management consultants. A nodal agency for foreign and domestic investments in Kerala.
. Clearances Development and Administration of Growth Centers Industrial and Infrastructure development Kerala venture capital fund private Ltd (KVCF) formed in association with Kerala Financial Corporation (KFC) and Small Industrial Development Bank of India (SIDBI) is dedicated to investing in higher end sectors like Information Technology and Bio Technology. Loan Syndication Assisting in Central and State Govt. Project Evaluation Financial Structuring.POINTS AT GLANCE The state one and only agency for industrial development and promotion a company fully owned by the government of Kerala. Promoted 650 projects with an investment outlay of Rs 5155 crores providing employment to 72500 persons as on date. KSIDC.KSIDC. offers wide ranging assistance in industrial promotion. Formed in 1961 with the objective of promoting. stimulating. The key areas of focus include: Identification of Investment Ideas Translating ideas into concrete proposals Feasibility Study. financing and facilitating the development of large and medium scale industries in Kerala. as a facilitator and financier for industries.
Easy Accessibility. Innovative steps to achieve this mission have been taken already. KSIDC has been restructured to take on the task of developing the industrial economic and social and infrastructure in the state. Excellent Communication Network. Overall the industrial Climate in the state is marked by low productivity and low efficiency and absolute technological application. The poor performance of the economy is usually attributed mainly to sluggish growth in the industrial sector and in its contribution to Gross Domestic Product (GDP). The new mandate of the KSIDC includes the identifying the infrastructure need of the state. Strategic Location. A Central Government Initiative for the development of industrially backward cities. The agency has also been entrusted with the implementation of Industrial Growth Centers.IMPORTANCE OF KSIDC IN CURRENT BUSINESS SCENARIO Kerala has everything it takes to setup an industry. The Kerala State Industrial Development Corporation (KSIDC) is the premier industrial and investment promotion agency of the State Government Established in the 1960’s. in particular the industrial field over the last four and half decades of development planning. . Manpower but it has not been able to leverage these strengths to the advantage of the productive sector. Structuring projects to bridge the gaps of thereby spear handing a balanced growth of the core competencies of the state Via physical and social infrastructure. KSIDC as a facilitator and financier for industries offer a wide range of assistance in all their areas.
Kerala premium industrial development and financing institution was set up on 21 st July 1961. It facilitates constant dialogue between Government and Industry. developing and assisting medium and large scale industries in the state.COMPANY PROFILE Kerala State Industrial Development Corporation (KSIDC). Kerala State Industrial Development Corporation (KSIDC) is one of the biggest team of venture managers in Kerala. KSIDC has well qualified manpower from multi-disciplinary background and work oriented terms deal with clients to satisfy their requirements. finance specialists. It constitute a multi disciplinary professional group consisting of engineers. So that timely an appropriate support is given to the industry. . KSIDC is the investor’s industrial helpline in Kerala. The present functional areas of KSIDC pervades each and every industry related activity in the state from advising the State Government on the key facets of the State’s Industrial policy to organizing promotional campaigns on behalf of the State Government with in the country and abroad. KSIDC was founded with the basic objective of stimulating. They provide financial assistance to projects with an outlay of two crores. Kerala State Industrial Development Corporation (KSIDC) provides loans and equity shares to the entrepreneurs. law experts. post graduates in business management. facilitating. KSIDC is the processing agency for government incentives scheme. with exposure in project planning and management over a wide range of industrial sectors. Kerala State Industrial Development Corporation (KSIDC) fully owned by Government of Kerala has its head office at Trivandrum and its branch at Cochin.
Foreign investment is an important factor. investors focus industry insight and timely finance solutions. with the liberal policies.Kerala is the first state to introduce the Single Window Clearance System with statutory backing and KSIDC has been designated as the nodal agencies for all Government Clearances for state level for medium and large scale industry. finance and facilitate the growth of large and medium scale industries in the state. The purposeful plans to industrialize the state on the part of the Government of Kerala cannot be achieved without the pro-active interference of KSIDC. VISION AND MISSION VISION “Build lasting relationship through quality service. KSIDC has well defined vision expressed through this one line statement. stimulate. Now KSIDC plays an important role of inviting foreign investors in the state of Kerala Global Investors Meet was organized with this intention. “To be a pro-active institution in the State of Kerala and be the channel of investment. The expectations of the state are to be fulfilled.” MISSION “To promote.” KSIDC is an organization with a social obligation.” . There have been a lot of changes in the industrial policies in Kerala.
They have kept an important pace with the latest of the corporate change and intend to effectively utilize knowledge and expertise to create a change in the investment scenario of the state. To support eligible entrepreneurs to put up business ventures and support them financially. Help to formulate Government policy. Use modern management concepts to formulate policies for Industrial Development. The KSIDC is the Government agency with a mission to: Develop medium and large scale industries. Identifying investment opportunities which are necessary for the growth of infrastructure which will aid investors choose Kerala as a suitable place for investment. projects or enterprises which in the opinion of the company are likely to promote or advance the economic development of Kerala. CORPORATE OBJECTIVES Promote establish and execute industries. To aid assist and finance either by term loans share capital and or in any other manner technically/ professional/ research and development institutions which will promote the overall economic development and industrialization of the state of Kerala. Promote foreign investment in Kerala. .KSIDC is the government agency which aims to become a leader of change in Kerala.
The center at Trivandrum and Cochin do the same function but they operate in two geographical divisions. The Deputy Manager (DM) and the Assistant Manager (AM) from the rest of the hierarchy. Legal. The Board of Director is the head of the corporation. The general managers are in charge of industrial and investment promotion. The Managing Director is the official head of the organization is usually an IAS officer of higher rank. . The Deputy General Manager (DGM). the Assistant General Manager (AGM). It is in control of both the Trivandrum and Cochin centers. the Manager(Mgr).DESCRIPTION HIERARCHY KSIDC has a term of managers to carry on the duties of the organization through a combined effort. The management levels are assisted by a good team of qualified supporting staff that really carries on the basic functions of the operations. Finance. Administration and Projects respectively.
ORGANIZATIONAL CHART .
Providing loan finance and share capital assistance for implementing projects. Attracts new business enterprises to the Industrial Growth Center (IGC) through effective marketing. Providing infrastructure facilities to house industries of similar nature. Finding out suitable entrepreneurs – tie up for investment. . Conduct a series of seminars on industry research linkage and bring out a directory of R&D institution. entrepreneurs promoting products and service of the state. feasible areas for investment. scientists. State level convener of Single Window Clearance Mechanism. Monitoring the growth and development of industrial units. Organizing exhibitions and seminar.ROLE AND SCOPE OF KSIDC Major Areas of Activities Identification of project. Be the prime industrial promotional agencies of the state government and promote the state as an investment destination. heading business mission abroad. Industrial and tourism directory etc. viable project ideas. Assisting entrepreneurs in locating suitable land and manpower for the project.
KSIDC extends a whole range pro-investor service. Loans syndication and Equity stakes Ensuring governmental clearance Total project management support Development and administration of growth centers ALLIED SUPPORT ING SYSTEM In addition to primary support provided to entrepreneurs. which include a) Single Window Clearance System Paving for the clearance system ensures the prompt issuing of relevant license and certificates. . KSIDC has been designated as the single contact point of the board. Project evaluation Financial structuring. Technology sourcing. since the receipts of application for an investment proposal. The State Board headed by the chief secretary shall issue clearance with a time frame of 45days. This arrangement ensures a one stop solution point for the investor with KSIDC. avoiding all bottle necks. A final clearance for all new projects either approval or rejection is given with in a specific time period from the date of submission of application as per the system. The board has statutory powers to enforce its decisions.KSIDC SERVICES Identification of investment ideas Translating ideas into concrete proposals Feasibility study.
b) Venture Capital Financing In a bid to encourage entrepreneurship in IT. transportation and communication facilities housing etc. power and water connections. Biotechnology and allied sectors. d) Sales Tax Exemption Eligibility Certificate The corporation also issue eligibility certificate for sales tax exemption for medium and large scale industries OTHER SUPPORT SERVICE 1) Equipment Re-finance 2) Technology data bank with asses to national and international data networks OTHER MAJOR INITIATIVES a) Industrial Growths Centers (IGC) Industrial Growths Centers with built up infrastructure. Built up infrastructure in these centers will include standard factory modules. c) Capital Subsidy Processing KSIDC is the operating agency for processing and disbursement of state investment subsidy for its assisted units. in KSIDC association with SIDBI and KFC has established venture capital funding as an alternate financial source with a corpus of Rs 20 Crores.Growth Centers of KSIDC are at Kannur. Kozhikode. . Malappuram and Alapuzha. to take the form of mini industrial townships are under construction across the state.
Hire purchase schemes. BUSINESS DIVISION OF KSIDC An Overview KSIDC is one of the biggest team of venture managers in this part of India. for a period of 1year and will be adjusted against subsidy released from Government. b) Special Financial Package for Industry Considering the tremendous potential for the IT industry in the state. 1) New IT units are eligible for an investment. Equity Participation. to reduce the minimum promoter’s contribution in the project. subject to a maximum of Rs 25 lakhs.The allotment of the plots in the Industrial Growths Centers comprise of the following designs out rights sale. There departments are multidisciplinary professional group with exposure to wide . 3) Units are eligible for an initial moratorium up to 2years as per the special package. KSIDC evolved a special financial package to promote the sector. KSIDC will process and release the eligible against this. Short Term Lease. Rentals. The subsidy loan is given at the term loan rate. 2) 75% of the eligible subsidy is included in the means of finance as subsidy Loans.
7. Engineering graduates reporting different terms corporate finance specialist. 6. 3. KSIDC should take up larger role than financing of project. 1. Company Law Group. 9. Industrial and investment promotion (I & IP) Project Financing. Recovery and Monitoring Group. There departments have informal links with several leading management consultancy groups. Business Management graduates corporate law experts and economists add to the brain power in the organization.ranged industries. INDUSTRIAL AND INVESTMENT The role of KSIDC as an apex organization for investment promotion in Kerala. 8. Administration and Human Resource Group Industrial Growth Centers. assistance with statutory approval. The formation of this division . More over there is an amassed knowledge wealth of over forty years of professional experience in project planning and management. 5. Liberalization of commercial banks. Electronic Data Processing Group. This group provides ideas venture counsels. 2. There are various departments in KSIDC. PROMOTION (I & IP) 1. Industrial Consultancy and Corporate Planning Statistics and Planning Group. 4. Financial and Accounting Group.
IIC etc. Function of this Department 1. Market specific investment opportunities to promoters with in and outside the country and solicit investment proposals from potential entrepreneur. Maintaining interactions links with NRI Business man / Business group directly and through the channels of Indian investment centre for investment promotion. 3. Interaction and follow up with foreign mission visiting India for Investment promotion and regular interactions with corporate groups and potential entrepreneur. 7. 4. Handle the industrial and investment promotion activities of the corporation.will be helpful to play a meaningful role in this industrial and investment promotion in Kerala. 2. Participates in specialized exhibitions and fairs for investment promotion within and outside the state. 5. Planning and implementation of advertisement or public relations campaign for Kerala as an investment destination and KSIDC in particular close interaction with foreign or domestic promotion agencies such as. . Singapore Trade and development Board. Co-ordinate activities relating to the single window clearance system of corporations. Act as a single point of contact for state level clearance and license of medium and large scale project. Indo-German Investment promotions service CDC. 8. 6.
site selection. selection of plant and machinery. This group is mainly aimed in recovering the loans advanced to This group has sub-groups of companies or clients together with interest. This group reminds the companies of payment that has become due and collecting the dues from them. This group also recommends for various coercive actions to be taken against defaulting clients. IPB is an empowered committee. IPB accords preliminary clearances for project and performs the junctions of an empowered committee of the government.Investment Promotion Board (IPB) The newly devised. fast truck mechanism for facilitating preliminary project clearance. preparation of techno-economic feasibility reports. The managing director of KSIDC has been appointed as secretary to the government and has been designated as member secretary of the IPB. technically self sufficient manager with expertise in specific industry categories. Each project taken by KSIDC will be assigned to a project group headed by a senior level executive project partnerships.PROJECT FINANCING. The coercive actions are aimed at threatening the clients so that they are regular in payments. The detail about the loans and interest to be attained is given to Recovery Group by the project Appraisal Group. tying-up infrastructural support. time-bound project implementation etc. . 2. The Investment Promotion Board under the Chief Secretary of the State is a more effective systems in promoting new investment than the single window system existing elsewhere in the country. RECOVERY AND MONITORING GROUP This group comprises Engineers and Manager and Chartered accounts with extensive experience and expertise in setting up large projects. consisting of department secretaries and headed by the Chief Secretary.
Preparation of Legal Documents. short term loan. Statutory Compliance Corporate Legal council. Functions A project after appraisal by the project group sanctioning of loan by the board of directors and acceptance by the private party. corporate loan. Legal department scrutinizes the documents submitted and check the sufficient of securities before loan disbursement. 2. 3. 4. equity capital. The other officer in the group is a legal expert venous documentation and agreements to be entered into with the promoters are being prepared and executed by this group. 1. COMPANY LAW GROUP This group is headed by company secretary. Scrutiny of legal documents . equipment refinance and to defend cases on behalf of KSIDC.Functions 1. Project Appraisal and Sanction Disbursement of Loan Recovery of Loan Business Development Activities. This group provides support and counsel of company incorporation. The low experts are well experience to lead there corporation in legal matters. Collaboration Agreements. reaches the legal department. It help to provide securitization for the financial products like term loan. 3.
Borrowing power) 2. 4. 3. c.a) Title scrutiny for land clearance. FINANCE AND ACCOUNTING GROUP The group is headed by a Deputy General Manager who is a qualified chartered accountant. b. Accounts and other financial matters like IDBI refinance etc. Documentation Process A document which contain the agreement regarding. a. Guarantee documentation as per the board directive. Loan agreement or acceptance Deed of hypothecation. Personal or corporate undertaking. The group . Declaration or affidavit by the promoter. Site Inspection Inspecting the site and checking the land documents against the village records. d. deed deposited and mortgage created. e. This group helps the industrialists to arrive at the best mix of finding and sourcing of funds from KSIDC and else where. are managed by this group. b) Registration certificate (for knowing nominal capital.
Loan Syndication. working capital sourcing. Financial Function The financial section performs the accounting work of KSIDC as an organization. There functions are performed for term loan and equity participation. Loan Function The appraisal department performs assessment of projects and financial and accounting department does the disbursement of the loans and nursing of the projects. venture capital management. 2. 2. loans etc. public issue management equipment leasing. Acquisitions and mergers. Financial function Loan function. The service include financial structuring investment Banking. . Central Financial Institutions and Public issue. Bought out Deals. 1. 2.consists of Chartered Accountants. 3. Arranging funds for KSIDC through central for financial institutions banks etc. Recording and maintaining internal accounting records which who includes employees salary. Keeping account of all corporate loans. Functions In this group there are mainly two functions. 1. Cost Accountant and Supporting Staff. arranging equally from KSIDC. provident funds. 1.
Industrial Consultancy and Corporate Planning KSIDC has formed a consultancy division. It closely monitor policy changes at the State and National levels to maintain an updated information system for the benefits of industrial investors.5. KSIDC’s domain knowledge in industrial promotion and development. 6. KCS will offer total project management services. to offer project consultancy across various sectors in the State. IT/ ITES and Health Care sectors. turnkey project management services and project escort services. . KSIDC Consulting Service (KCS). including identifying opportunities for new business. Kerala is currently experiencing rapid growth in Tourism. The consultancy division will capitalize on KSIDC’s expertise. mitigate project risk and provide a single point of accountability for projects. STATISTICS AND PLANNING GROUP (SPG) The SPG is the single point source for information regarding the different aspects of investment in Kerala. project report preparation. expansion and diversification. technology tie-ups. The memorandum and Article of Association of the Corporation it can function no only as a financing agency but also as a promotional agency to set up industrial units in the State. Biotechnology. gained over the last 47 years by associating with more than 650 projects in the State. market survey. KSIDC offer total project consulting services in the fast paced dynamic environment of our country. infrastructure development and project financing will be on call for the division to deliver quality services.
The Main activities are. ADMINISTRATION AND HUMAN RESOURCE GROUP Administration and Human Resource Group has got for finding out the correct personnel. Reports Support Publication Press Release Library – work and service Documentation Training. 12. 10. 7. Statistics Planning Division with Secretariat and State Planning Board. 8. 2.FUNCTIONS This division of KSIDC acts as the Date Base Manager of both KSIDC and Kerala State. Store General Enquiry. 5. giving training etc. 4. Despite the excellence of the technical and managerial personnel available in Kerala. 1. Recruitment of Library and Computer Professionals. 7. This group is a functional pivot within the organization. 11. The administrative process within the organization is done by the . It is often not too easy to obtain the required talent without some effort. 3. Interpellation. 9. 6.
3. 2. 2. . 5. Establishment Maintenance Acquisition & Distribution. 6. 3. 4. Wage and Salary Calculating Increment Granting loans Maintaining statutory requirements Employee welfare. 9. 11. Appointment Promotion Retirement Sanctioning of leave Enforcing Discipline Maintenance of Personal files and services. 10. The HRG provides assistance to the corporation in the selection of personnel training programmes. 7. HUMAN RESOURCE FUNCTION 1. counsel on statutory regulations and development of compensation packages.Administrative Manager. ADMINISTRATIVE FUNCTIONS 1. 8.
Kannur Nearest Airport : Kozhikode 120 Kms. The project is aimed at the development of industrially backward districts of the State. power. INFRASTRUCTURES CREATED a) Water Supply Scheme . Food processing. Textile.8. In Kerala there are four Industrial Growth Centre located at Kannur. INDUSTRIAL GROWTH CENTRE . Malappuram and Alappuzha Districts. Nearest Port : Mangalore Port – 110 Kms Thalassery Station – 21 Kms. INDUSTRIAL GROWTH CENTRE Industrial Growth Centre (IGC) is a joint Industrial Infrastructure Project of Government OF India (GOI) and Government of Kerala (GOK). factories. Telecommunications. The main objective of the scheme in to acquire land and after developing the basic infrastructure facilities water required for industries standard like Roads. design Administrative buildings etc. 1.KANNUR Area Acquired Location : : 264 Acres Valiyavelicham. Garments etc. Kozhikode.Koothuparamba. Light Engineering Industrial Rubber International Airport Nearest Railway Station : Best suited for : based products. and allot them industrial of plots and built up area to prospective entrepreneurs. supply.
Construction of intake well. Land to an extend of 6. erection of Transformer & Allied works have been completed and KSEB has allotted the required HT/LT power connection of the IGC. b) Roads Construction of Internal road of length 2. completed in all respects. Electrification. water supply and sanitary works of the building have also been completed. 5MLD capacity water treatment plant.15 Kms with in the Growth Centre is completed in all respects. c) Buildings An administrative Block Building with 1596 square meters has been completed for the operation of common facilities. laying of pipelines. Diesel generators sets and pumping stations etc. Overhead Tank. . Works for the widening of the approach road from Koothuparamba to Valyavelicham extending to about 7 Kms is progressing fast. Work for the supply and commissioning of Electrical Installations & Auxiliary Equipments for power supply arrangement is also completed.Source of water: Irukadal River which is about 6 kms away from the site. d) Power Works relating to construction of 630 KVA substations.3894 hectares have already been acquired by Revenue Authorities and handed over for road widening.
International Airport Nearest Port : Mangalore Port – 270 Kms Koyilandy Station – 22 Kms Food. have been completed.80 hectares has been acquired . Nearest Railway Station : Best suited for : INFRASTRUCTURES CREATED a) Water Supply Scheme Source of Water: Own pond constructed in the Growth Centre. Pumping Station. Sports and Healthcare related projects. Overhead Tank 1. Education.KOZHIKODE Area Acquired Location Nearest Airport : : : 308 Acres Kinalur. Land Acquisition works for the approach road from Vattoli junction to Kinalur is in advanced stage land to an extend of 2.2. b) Roads Construction of Internal roads having a width of 10 meters and length of about 3 Kms within the Growth Centre has been completed. etc. INDUSTRIAL GROWTH CENTRE . Kozhikode Kozhikode 50 Kms. Lying of Water Supply Lines. Electrification works of water Treatment Plant has also been completed.10 MLD Water Treatment Plant.
INDUSTRIAL GROWTH CENTRE . The electrification works of this building have also been completed. Nearest Port : Mangalore Port – 200 Kms Parappanangadi Station – 25 Kms International Airport Nearest Railway Station : .MALAPPURAM Area Acquired Location Nearest Airport : : : 258 Acres Panakkad Village. KSEB has allotted the 3. required HT/LT power connection to the IGC. d) Power Works relating to construction of 630 KVA substation. Internal Electrification works of the building have also been completed. c) Building An Administrative Block Building with 1964 square meters has been completed for the common facilities centre. Malappuram Municipality Kozhikode 30 Kms. An industrial complex with 3888 square meter has been constructed for accommodating small and medium enterprises.by Revenue Department of Kerala and handed over for widening this approach road to IGC. Erection of Transformer and cabling works have been competed.
ALAPPUZHA Area Acquired : 270 Acres . d) Power Works relating to construction of 630 KVA substation. meters has been completed for the accommodation of common facilities. c) Buildings An Administrative cum canteen Block Building with 1125 Sq. One Bore well has been installed for domestic water supply yielding about 50 cubic metres per day. Sports. erecting of Transformer cabling works have been completed KSEB has allotted the required HT/LT power connection to the IGC. Provision for the office. Arrangements for water supply through over head tank and laying pipe lines including installation of pump sets are under way. 4. Internal Electrification & water supply work of the building have also been completed. The existing approach road to IGC site is in a good condition. INFRASTRUCTURES CREATED a) Water Supply Scheme Source of water: Kerala Water Authority has agreed to give 3 MLD water to IGC drawn from Kadalundy River. INDUSTRIAL GROWTH CENTRE . bank and canteen also provided there in. Educational. and Light Engineering Projects. b) Roads Construction of Internal roads of length about 3.56 Kms with in IGC site has been completed.Best suited for : Food processing.
Other 30 crores are to complete the existing pending works at .46 crores is provided to IGC’s for the next 2 years in 2004-06. Kochi International Airport – 50 Kms Kochi Port – 35 Kms. Silica. projects. Educational. Brochures and internet are also and as viable media for marketing.14 crores for 2005 – 06 & 18 crores for 2006 – 07. An Administrative Block Building with 1964 sq. The combined requirement of land for the above projects is around 183 acres. and Cement based projects. meter has been constructed for accommodating small and medium enterprises. An amount of Rs. Cherthala. Cherthala Station – 10 Kms Coir clusters. meters has been completed for the common facilities centre. Engineering Nearest Railway Station : Best suited for : An Industrial Complex (Tower Block) with 3888 Sq. FUND REQUIREMENT & ALLOTMENT Fund requirement for the year 2004 – 05 is to be the tune of 14 crores to meet the cost of land & development around Rs.Location Nearest Airport Nearest Port : : : Pallippuram. electrification works of this building have also been completed. Co-marketing concept also has been invoked. Negotiations are underway with police Internal department and TMC Group of companies at Cherthala for setting up a modern training college and a medical college respectively. Marine Based. MARKETING OF THE IGC’s Effective rapport is maintained with the prospective entrepreneurs and road shows are conducted in association with other developmental agencies like KINFRA and DIC to promote there IGC’s.
IGC Kannur : Rs.5.4. Through this.33 lakhs per acre Rs. KSIDC will make equity contribution in the new units coming forth in IGC’s to the extent of actual cost of land required in the projects.16 lakhs per acre Rs. The cost per acre at various centres under equity participation based on the total cost incurred is follows. Extra allocation of around 16 crores is envisaged from the government to complete this project.7. the promoters can reduce their equity requirements for the projects substantially.95 lakhs per acre IGC Kozhikode : .the Kannur and Kozhikode IGC’s.5.18 lakhs per acre Rs.4.4. IGC Kannur : Rs. a) Outright sale: Against down payment of price of land fixed by KSIDC on the basis of actual cost incurred on the project which are as follows.17 lakhs per acre IGC Kozhikode : IGC Alappuzha : IGC Malappuram : b) Equity partnership: Under this scheme. PRICING SCHEME FOR ALLOTMENT OF PLOTS The pricing schemes for allotment of plots in the Industrial Growth Centre generally comprise of the following designs.48 lakhs per acre Rs.
28 lakhs per acre . EMD will be adjusted against the last installment of the lease premium. 6.40 lakhs per acre Rs.IGC Malppuram : IGC Alappuzha : Rs. Any other special terms and conditions whatsoever required in the context of allotment as decided by KSIDC should also applicable.per acre during the license or lease period.6. will be charged extra nominal maintenance charge for the general facilities will also be levied. 4.60 lakhs per acre. Balance of the lease premium should be remitted in 3 equal installments with interest @ 10% per annum within 2 years from the date of Lease Agreement. A minimum of 5% of the lease premium should be remitted as down payment within 15 days of receipt of allotment letter. 10% of the lease premium should be remitted as EMD by the allotter within 30 days of receipt of letter of intimation. power communication etc. 5.5. c) Lease for 90 years: under these schemes. 1.100/. Annual license charge of Rs. Services like water. lands are transferred under the following conditions. 2.6. The lease premium proposed for the long lease schemes in various growth centres are as follows: IGC Kannur : Rs. 3.
Administrative Building at Kannur – Rs. 4. meter per month. 2.56 lakhs per acre Rs.4.00 per Sq. KDIDC is one of the first . 3. 9. meter per month.IGC Kozhikode : IGC Alappuzha : IGC Malappuram : Rs.41 lakhs per acre Rs. meter per month.50 per Sq. meter per month.4. 37.51 per Sq. 5. Building at Kannur – Rs. Administrative Building at Kozhikode – Rs.38 per Sq. Standard Design Factory Building (SDF) at Kannur – Rs. 1. Industrial Tower Block.51 per Sq. meter per month.4. Administrative Block Buildings at Malappuram – Rs.83 lakhs per acre d) Rentals: The rent for the let out of built up areas from IGC buildings are as follows. ELECTRONIC DEVELOPMENT PROGRAMME GROUP The electronic development programme group is an important functional group within the organization.
organizations that made use of networking intranet to effectively connect various departments within the organization (1986). The Assistant General Manager EDP is the head of the group. This program has made provision for internet facility for officials till managerial level. FINANCIAL PERFORMANCE Understanding the past is a necessary prelude to contemplating the future. These PC’s are supported with windows XP and are provided to officials till the Manager Level. It was after this change in policies KSIDC came to looked up on as a hope for faster progress of the state. All departments have the PC’s. the KSIDC office at Ernakulum is connected with WAN. Moreover. The Board Rooms are well equipped with LCD projector and power point presentation and is an important venue for housing national level and international level discussion related to industry. The EDP launched the website of KSIDC in 1994 but to update the website new rent with the IPC. The analysis of the financial performance gives the result of the performance of any business. . KSIDC saw a change in its policies in the last couple of years with the emergence of disinvestment as an important method of industrial development and liberal policies for foreign investors this change in policies was necessary.
FINANACIAL POSITION The Table below summaries the financial position of the company Liabilities Paid up capital Borrowings (Including 2006-2007 2947435000 2007-2008 2992435000 2008-2009 2992435000 2009-2010 2992435000 87635808 111022808 Debentures) Trade dues on 479607767 current liabilities 4026431269 Assets Gross block Less Depreciation Net Block Trade Investment Current assets 1108239792 16239948.06 15147131 578485067 15135562 234123112 18986295.47 594525702 1172244513 .02 407306715 4948133 3350818498 353202446 4048184448 3897138832 3965483928 50666405 35519274 52305473 37169911 55574685.53 36588391.
08 311490524 317597175 112128609 100067451 115301554 98239292 367142908 21831266.Loans and Advances Capital Employed Net Worth 2494644814 2282307737 2667567703 2390515687 1078996269 1055749448 2992435000 2992435000 3381323126 3596788960 3265628617 3362696650 The Table below summaries the Performance of the company of the company Performance of the company Gross Income(inclu ding other income) Total Expenditure Profit before tax 2006-07 2007-08 2008-2009 2009-2010 479271517 31838011.08 196188970 219357883 .
1000 /-fully paid) 209792442 156772489.61 CAPITAL STRUCTURE The following table gives the analysis of the Debt Equity Ratio of the Company for the five years from 2003-04 to 2007-08.04:1 0.Profit after tax Earnings per share(Rs.6 151980526 145450908 129.9342452 48.79 48.15:1 .14:1 .03:1 .14:1 0. 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 0.05:1 0.57747806 50.04:1 0.
94 9.07 23762.76 1672.882 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 .11 25434.21 17.78 7.52 32656.19 27029.03 3532.43 23406.28 31480.5 28206.28 34545.23 1201.88 27550.25 31013.65 26349.Current Ratio The analysis of the current ratio for the period from 2002-2003 to 2006-07 Sl.44 24849.02 4450.01 1443.22 22. Item No 1 Current Assets 2 Current Liabilities 3 Working Capital(1-2) 4 Current Ratio(1/2) 15.33 7.09 4451.
It has a strong network with other Government bodies and independent private organizations. As far as the IT sector is concerned.CONCLUSION KSIDC is a premier promotional agency of the State Government. to speed up matters relating to the Global Investors meant hosted by the State Government in Kochi. The extent to which the corporation goes to achieves this can be understood from the decision to work an extra hour daily. . KSIDC is the only one agency for financing medium and large scale projects. Kerala has gained recognition as a potential IT destination and will emerge as a destination of choice along with the other major national IT hubs. without pay.
BIBLIOGRAPHY 1. KSIDC website (www. KSIDC has a very important role to play.The role and added social obligations provide a lot of opportunities to KSIDC.org) 2. In the role of the catalysts in the state development KSIDC has a long way to go and the further holds much promises for the corporation. Annual Report of KSIDC . Being a powerful arm of the Government in the promotional and the industrial development of the State.ksidc. It is very essential for new emerging sectors in industry. The future role of the KSIDC shall be multi to combat industrial slag nation and stimulate growth to create a positive image of the State and to live up to the expectation of the investors and provide advisory service to Government in the industrial front and in developing a growth strategy of the state.
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