Kerala - Kochi   

7,163 industrial units launched in Ernakulam

KOCHI: Ernakulam District Industries Centre (DIC) has started 7,163 new industrial units and thereby generated employment for 53,578 persons during the last one year, Sebastian Pothampilly, general manager, DIC, said.

The rate of growth was higher than that registered during the previous year, he said. Among the new entrepreneurs, 626 were women, while 75 entrepreneurs were from the Scheduled Caste community.

The units attracted investments to the tune of Rs.1,427 crore, while the productivity from these units was pegged at Rs.2,870 crore. Eighteen units had been registered under the women’s industrial scheme for assistance from the government.

Loans totalling Rs.73.08 lakh were granted to 95 projects put forward by the new entrepreneurs. Under the seed capital investment scheme Rs.1.04 crore was distributed among 66 entrepreneurs. Under the State investment subsidy Rs.5.55 crore was given to 165 industrial units, while grants totalling Rs. 9.24 lakh was given to 24 entrepreneurs under the women’s industrial scheme, Mr. Pothampilly said.

About Rs. 17.05 lakh was spent in the district under the scheme for intensifying industrialisation during the last one year. Another Rs.1.47 lakh was spent as marketing outlets’ subsidy and Rs.1 lakh for training the entrepreneurs. During the period, Rs.1.51 lakh was given as capital investment aid to the industrial cooperative societies. Of the 690 applications received through the green channel counter, decision had been taken on all except five applications.

Sales worth Rs.2 crore were registered by organising five exhibitions, including a national one. More than 350 units participated in these exhibitions. Of the 115 applications received under the single window system, decisions were taken on 111, Mr. Pothampilly said.

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