Kerala is all set to launch a consolidated approach to attract investors and entrepreneurs to the State by coordinating regulatory clearances, financial packages, and special assistance to women and start-ups as part of a campaign to promote the Micro, Small & Medium Enterprises (MSMEs) sector.
The consolidated approach will be spearheaded by the Kerala State Industrial Development Corporation (KSIDC), the flagship investment promotion agency of the State government.
A major initiative under the new approach is to provide financial assistance to entrepreneurs setting up units in private industrial parks also. "We will extend financial assistance to entrepreneurs operating in private parks based on their lease agreements", a press note quoting M.G. Rajamanickam, Managing Director, KSIDC, said on Wednesday.
