Eight campus industries parks to be set up: Industries Minister

With an aim to promote entrepreneurship among students and strengthen ties between industries and educational institutions, eight campus industrial parks will be set up in Kerala, Industries Minister P. Rajeeve has said. In this first phase, industrial parks are set to come up in campuses across Kollam, Kottayam, Idukki, Thiruvananthapuram, Kozhikode and Kannur.

He was speaking after inaugurating the ‘Developers’ Conclave’ organised as part of the government’s ’Campus Industrial Park’ project here on Friday.

Mr. Rajeeve said that campus industrial parks will be developed by utilising unused land owned by higher educational institutions across the State to address the shortage of land for industrial purposes. The parks will also help in quickly starting the industrial production of new products developed through research activities in educational institutions.

Detailed discussions on the key procedures for developing the campus industrial parks were also held at the conclave. Developer permits were distributed to eight educational institutions that have already received approval for starting industrial parks.

Government and private educational institutions with at least five acres of land (including arts and science colleges, professional colleges, polytechnics and IT institutions) can apply for a campus industrial park. A minimum of two acres of land is required to establish a standard design factory. The developer permit will be granted for a period of 30 years.