The Private Industrial Estate (PIE) Scheme, introduced by the Government of Kerala, aims to promote industrial development and generate employment by encouraging the establishment of private industrial estates. Under this scheme, eligible entities with sufficient land can apply to develop these estates with support from the government in terms of financial assistance and streamlined approvals. The policy ensures that industrial areas are developed with proper infrastructure, environmental safeguards, and utilities to attract investments, thus contributing to Kerala's economic growth and industrial expansion.
For further details, please visit: https://industry.kerala.gov.in
Infrastructure Support Under the Private Industrial Estate (PIE) Scheme:
The Private Industrial Estate (PIE) Scheme provides substantial support for infrastructure development to enhance the viability and attractiveness of establishing Private Industrial Estates in Kerala. Key aspects of this infrastructure support include:
Financial Assistance: The Government provides financial support of up to ₹30 lakh per acre, with a maximum of ₹3 crore per estate. This funding is intended for developing essential infrastructure such as electricity, water supply, roads, drainage systems, and common facilities like laboratories, testing, and certification centers.
Infrastructure Development:
Roads: Development of internal roads within the estate.
Power: Provision of reliable electricity connections.
Water Supply: Establishment of water supply systems.
Sewage and Effluent Treatment: Implementation of sewage and effluent treatment plants to manage waste efficiently.
The Private Industrial Estate (PIE) Scheme by the Government of Kerala focuses on accelerating industrial development and creating employment opportunities. The revised scheme includes clear guidelines for land eligibility, approval processes, infrastructure development, and compliance with environmental norms. It provides financial assistance for infrastructure, mandates adherence to development timelines, and ensures transparency in commercial terms. The scheme aims to establish a well-regulated and attractive environment for the growth of private industrial estates in the state.