The Industries department has amended norms regarding private industrial estates, now allowing individuals or families owning a minimum of five acres or holding lease rights for the same to apply for permits.
Earlier, only registered partnerships, consortiums, cooperatives or societies could apply. The earlier requirement that applicants should own the land has now been changed, allowing those who hold lease rights for a period of 30 years or more to apply.
A total of eight private industrial estates have been sanctioned till now across the State, while 30 other applications are in various stages of processing. Three of the sanctioned parks are in Kottayam, two in Pathanamthitta, and one each in Kannur, Malappuram, and Palakkad.
