Generate massive employment in industrial, commercial and service sectors.
Attract huge capital investment on mutually beneficial terms.
Tap the rich industrial potential of biotechnology.
To accelerate growth in Service Sector and to make Kerala a major Commercial Hub.
Develop Kerala as a global centre of excellence with state of the art education and skill sets and prepare a pool of multi skilled, technically competent individuals and organizations.
Strategy
To develop world class industrial infrastructure in the State through Infrastructure Kerala Ltd., KSIDC, KINFRA and DIC with participation of Non Resident Keralites.
To set up new industrial parks dedicated to Textiles, Agro Processing, Electronics, Information and Communication Technology.
To obtain capital investment and technological support to the SLPEs from Central PSUs, R&D Institutions and other Central and State Government Organisations and to have business tie ups with global players on mutually beneficial terms.
To ensure uninterrupted quality power to industries.
To restructure, diversify, modernize and infuse expertise in management in potentially viable SLPEs.
To transfer the assets of closed down or unviable SLPEs to other operating SLPEs or infrastructure development agencies of the Government to utilize it for industrial purposes.
To make use of sophisticated and advanced technology in the traditional industries, to focus on high end products and impart need based training to upgrade knowledge and skill of the workers.
To strengthen the business network of the Traditional Industries to exploit the potential of domestic and international markets.
To restructure the Government agencies engaged in the promotion of Traditional Industries and welfare of the workers.
To take effective steps to ensure uninterrupted supply of industrial water.
To produce Titanium metal and various Titanium composites by using state of the art technology with the support of Central Government Agencies and International organisations and to develop a chain of Titanium industries as forward integration.
To make use of the mineral wealth of Kerala in a scientific manner through Public Sector Enterprises.
To establish an Electronic Hub to promote, sustain and strengthen industries in the domain of Electronics and allied fields.
To provide necessary infrastructure to attract investors in Biotechnology industries.
To setup Industrial Corridors and promote Cluster Development in selected sectors and in potential locations without denying the benefits of Government support to those who have been left out from the purview of corridors / clusters.
To promote specialized skill development institutions at key locations suitable for manufacturing and knowledge based industries.
To promote entrepreneurship through institutional mechanism and mass participation.
To channelise the expertise of institutions of excellence in the fields of Science and Technology, Management, Skill Development, Taxation and other allied areas for the industrial growth of the State.
To develop sustainable mechanisms to have continuous interaction with Industry Associations and other Trade Bodies to assimilate the state of Industries and Commerce for providing necessary Governmental assistance and to take appropriate remedial measures.
To constitute an expert body to identify and attract Foreign Direct Investments which generate employment, help technological advancement and contribute for growth of economy.
To develop a system to monitor the proper and timely implementation of Central Schemes and to tap maximum Central assistance for the development of Industries and Commerce in the State.