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Apply for License (K-SWIFT)

Kerala Single Window Interface for Fast & Transparent Clearance - one portal, all approvals, zero hassle. The aim of K-SWIFT is to create an industry-friendly environment in the state. K-SWIFT has a mechanism to approve applications submitted by industry or enterprise within 30 days. If the officials do not give permission within the specified time limit, the entrepreneur will get statutory permission automatically. This means that the officials cannot delay the applications or make it difficult for entrepreneurs in any way. K-SWIFT is geared towards granting permits for new ventures as well as renewing permits for existing industries. Only those applications submitted without defects and with sufficient information can be granted such approvals under the laws of the state without such delay. K-SWIFT has all the facilities to submit applications for allotment of industrial land and payment of employment tax to agencies like KSIDC and KINFRA. Please visit our K-SWIFT website for more details

Visit K-SWIFT Portal

The K-SWIFT portal provides a single-window interface for all business clearances in Kerala. Register once and manage all approvals from one dashboard.

Single Window Clearance

Kerala was an early mover in enacting a legislation for providing time bound clearances to industrial enterprises, as well as for notifying Industrial Township Areas, vide the Kerala Industrial Single Window Clearance Boards & Industrial Township Area Development Act, 1999. The Act gave birth to Single Window Clearance Boards at the State, District and Industrial Area levels for the speedy issuance (within 30 working days) of various licenses/ clearances/ permits/ NOCs, etc., required for setting up/ expansion/ diversification/ modernisation of enterprises in the State, including renewals thereof. Industrial Area Boards ΓÇô constituted for Industrial Areas/ Industrial Parks/ Industrial Estates/ Industrial Growth Centres in the State, including notified Private Industrial Parks, for speedy issuance of statutory clearances to the units set up in such Parks/ Estates, etc. District Collector of the district concerned shall be the Chairperson, and the Designated Authority of the Industrial Area concerned shall be the Convenor. District Single Window Clearance Boards ΓÇô chaired by District Collector and convened by General Manager, District Industries Centre of the district concerned. For considering license applications entailing investments upto Rs. 15 Crore. Kerala State Single Window Clearance Board ΓÇô apex body, chaired by Chief Secretary, with Managing Director, KSIDC as Convenor, and Heads of various departments as members. Primarily considers license applications pertaining to investments more than Rs. 15 Crore, in addition to being the Appellate Authority.

All clearances are processed under a time-bound framework. Deemed approvals are granted automatically if no response is received within the stipulated period.

Incentives for Investments

To foster an inclusive and sustainable industrial ecosystem that ushers in Industry 4.0 and promotes investment and innovation, an incentive structure has been designed to cater to the needs of the industrial enterprises in the 22 Priority Sectors.

Online Application - K-RIIS

Sl. No.	Incentive Category	Project Category	Description
1	Low-interest loans	MSME	Loan @ 4% interest subject to a maximum of Rs. 10 Lakh (via interest subvention upto 6%)
2	Capital subsidy incentive for MSMEs	MSME	ΓÇö Micro ΓÇô upto 45%, subject to a maximum of Rs. 40 Lakh ΓÇö Small ΓÇô upto 45%, subject to a maximum of Rs. 100 Lakh ΓÇö Medium ΓÇô upto 45%, subject to a maximum of Rs. 200 Lakh
3	Electricity Duty Exemption	MSME	100% exemption for 5 years
4	Access to finance through IPO route	MSME	Reimbursement of 50% expenses subject to a maximum of Rs. 1 Cr., incurred on floating Public issues through the SME platform of NSE & BSE, provided the funds thus raised are utilized for setting up/ expanding enterprise in the State.
5	Investment subsidy	Large & Mega	Investment subsidy of 10% on fixed capital investment, subject to a maximum of Rs. 10 Cr., in phases.
6	SGST Reimbursement	Large & Mega	100% reimbursement on capital investment for 5 years.
7	Employment Enhancer Incentive	Large & Mega	ΓÇö When 50% of permanent jobs are filled from local population, an amount equivalent to 25% of the monthly wages of each additional employment thus created, subject to a maximum of Rs.5000/- per month per person, shall be reimbursed to the employer, for one year. ΓÇö When more than 50% of permanent employees are women, an amount equivalent to 25% of the monthly wages of each additional employment thus created, subject to a maximum of Rs.5000/- per month per woman employee, shall be reimbursed to the employer, for one year. ΓÇö When permanent employment is provided to transgenders of the State, reimbursement will be provided to the employer for one year, at the rate of Rs.7500/- per month per transgender employee.
8	Waiver of Stamp Duty & Registration charges for manufacturing units	All Category	ΓÇö Up to 100% on lease deed/ purchase of land/ building for setting up manufacturing unit in Government Industrial Parks and notified Private Industrial Parks. ΓÇö For Women, SC/ST, PH & Transgender entrepreneurs ΓÇô Up to 100% on lease deed/ purchase of land/ building for setting up manufacturing unit anywhere in the State.
9	Private Industrial Estates	All Category	Funding support upto Rs.3 Cr. for infrastructure development.
10	Incentive for participation in trade fairs	All Category	Reimbursement up to 100% of the stall charges incurred, subject to a maximum of Rs. 5 Lakh for participating in one domestic and one international fair/ exhibition per annum
11	Intellectual Property creation	All Category	Reimbursement of 50% of the expenditure incurred, subject to a maximum of Rs. 30 Lakh, for a patent, copyright, trademarks, GI registration, etc.
12	Quality certification incentive	All Category	Refund of expenses incurred for compulsory marking like CE, FDA, ISO, BIS, etc., to the extent of 50% of expenses, subject to a maximum of Rs. 25 Lakh per unit per annum.
13	Incentives for sustainability and responsible industrialization	All Category	Reimbursement of 25% of expenses incurred for the purchase of Plant & Machinery/equipment for setting up ETP, installations for substitution of power from the grid, rainwater harvesting, Zero Discharge technologies, recycling of e-waste and recycling of wastewater, conducting audits for energy and water conservation & purchase of material for such conservation, excluding the expenditure incurred for civil works, subject to a maximum of Rs.25 Lakh during the policy period.
14	IR 4.0 initiatives in manufacturing	All Category	20% reimbursement of the cost of software (big data analytic tools), machinery, etc., subject to a maximum of Rs. 25 Lakh/unit during the policy period.
15	R&D Incentive	All Category	Funding of 20% of R&D cost for units engaged in R&D with Universities in the State, subject to a maximum of Rs. 1 Cr. per unit.
16	Scale up incentive for Startups	All Category	KSIDC shall provide scale-up loans up to Rs. 1 Cr. to Startups in the State.
17	Made in Kerala (Branding & Marketing)	All Category	Reimbursement of 50% of the cost incurred in obtaining ΓÇÿMade in KeralaΓÇÖ certification.
18	Special Package to attract PLI Investors	All Category	A one-time top-up incentive of 20% of the fixed capital investment, subject to a maximum of Rs 1 Crore, shall be provided for industrial units set up in the State by investors shortlisted under the PLI schemes of the Central Government. Such a top-up incentive is in addition to other subsidies admissible to the said enterprises. * All category units in the Manufacturing Sector

Land Availability

While Kerala is unique among Indian states with a higher level of Social Infrastructure and services infrastructure, comparable with that of many advanced countries. To develop a robust industrial infrastructure in the state, KSIDC has implemented Nine (9) sector-specific / multi-product Industrial parks spread across 1100 acres. The parks offer developed land, built-up space, and common facilities enabling an investor to set up his / her project with minimum turnaround time.

Application Form Project Report

Sl.	Park Name	Total Area (Acres)	Balance Land (Acres)	Rate (Rs. Lakhs/Acre)	Description	Remarks
1	Industrial Growth Centre, Alappuzha	279.00	4.71	Rs. 137.25 L	Industrial Growth Centre, Alappuzha	Industrial Growth Centre, Alappuzha
2	Industrial Growth Centre, Kannur	250.00	14.41	Rs. 72.00 L	Industrial Growth Centre, Kannur	Industrial Growth Centre, Kannur
3	Industrial Growth Centre, Kozhikode	159.00	3.92	Rs. 91.00 L	Industrial Growth Centre, Kozhikode	Industrial Growth Centre, Kozhikode
4	Life Science Park, Trivandrum	156.00	32.50		186.85 (Ist) 484 (IInd)	Life Science Park, Trivandrum
5	Coconut-Based Food Park	115.00			Allotment not started, Rate Not Fixed	Coconut-Based Food Park
6	Mega Food Park, Alappuzha	84.00		Rs. 137.25 L	Mega Food Park, Alappuzha	Mega Food Park, Alappuzha
7	Investment Zone, Palakkad	34.00		Rs. 124.00 L	Investment Zone, Palakkad	Investment Zone, Palakkad
8	Industrial Space, Kasargod	2.00			Allotment not started, Rate Not Fixed	Industrial Space, Kasargod
9	Business Space, Ernakulam	11.00		Rs. 300.00 L	Business Space, Ernakulam	Business Space, Ernakulam

Note: Rates are indicative and subject to revision. Contact KSIDC for the latest allotment details.

Loan Availability

KSIDC offers financial assistance and support to small, medium, and large-scale industries/businesses in the state, including service sectors infrastructure Projects, Food processing & Agro-based industry, Logistics, Biotechnology, Life sciences-based ventures, Electronic Hardware, Footwear & allied Industries, Tourism, Health care, Ayurveda products and services, Petrochemical downstream projects, Green Industry, Gas based industry, Marine manufacturing cluster / Shipbuilding, etc.

Core Financial Products

Term loans and working capital finance

Term Loan

To provide hassle free finance for meeting long-term establishing, expansion, modernizing and plant modification requirements of the applicant. To Partnership, LLP, Private Limited and Public Limited Companies Financial Assistance of Rs. 100 Lakhs to Rs. 6,000 Lakhs Repayment period of 6 to 10 years, fixed depending on the cashflow Moratorium period of 1 to 2 years Interest rate of 8.50% to 10.50% (floating, based on internal credit rating mechanism) Additional 0.5% rebate on prompt repayment of financial assistance Security for the loan shall be exclusive/ pari passu charge over the assets of the unit financed Release of security documents:Within 30 days after closure of loan and production of NOC from other institutions/RR/Dept/ evidence of disposal of litigation etc:

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Equipment Purchase Loan

To provide financial assistance for meeting plant & machinery / utilities / equipment purchase requirements of the existing/ new clients with good track record To Partnership, LLP, Private Limited and Public Limited Companies Financial Assistance of Rs. 200 Lakhs to Rs. 2,000 Lakhs Repayment period of 5 to 8 years, fixed depending on the cashflow Moratorium period 6 months Financial assistance of up to 77.50% of the acquisition cost of plant & machinery / utilities / equipment (i.e., promoterΓÇÖs margin required shall be minimum 22.50%) Interest rate of 8.50 % to 10.50% (floating, based on internal credit rating mechanism) Additional 0.5% rebate on prompt repayment of financial assistance Security for the loan shall be as per the prevailing lending norms for both the existing and new clients Release of security documents:Within 30 days after closure of loan and production of NOC from other institutions/RR/Dept/ evidence of disposal of litigation etc:

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Corporate Loan

To provide financial assistance to established Corporate groups for acquisition of assets or/and expansion / modernization / diversifications The group company shall be a reputed player in the sector led by a professional and proven management of good reputation Existing and new clients with good performance track record can avail the scheme Sanction is purely based on the strength of the balance sheet & profitability and volume & prospects of the existing business Financial Assistance of Rs.200 Lakhs to Rs. 4,000 Lakhs Repayment period of 5 to 8 years, fixed depending on the cashflow Moratorium period of 6 to 12 months Interest rate of 8.50 % to 10.50% (floating, based on internal credit rating mechanism) Additional 0.5% rebate on prompt repayment of financial assistance Security for the loan shall first charge on the existing fixed assets of the company, assets to be acquired, collateral etc. to cover at least 150% of the loan Release of security documents:Within 30 days after closure of loan and production of NOC from other institutions/RR/Dept/ evidence of disposal of litigation etc:

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Working Capital Term Loan

To provide hassle free finance for meeting long-term establishing, expansion, modernizing and plant modification requirements of the existing/ new clients with good track record To provide financial assistance to eligible entities for meeting the working capital requirements To Partnership, LLP, Private Limited and Public Limited Companies Financial Assistance of Rs. 200 Lakhs to Rs. 2,500 Lakhs Repayment period of 5 to 8 years, fixed depending on the cashflow Interest rate of 8.50% to 10.50% (floating, based on internal credit rating mechanism) Additional 0.5% rebate on prompt repayment of financial assistance Security shall be first charge over the existing fixed assets of the company exclusively or on a pari passu basis so as to provide security margin of 25% or 133.33% collateral security or a combination of two Release of security documents:Within 30 days after closure of loan and production of NOC from other institutions/RR/Dept/ evidence of disposal of litigation etc:

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Share investment

To give financial assistance in the form of share capital contribution to public limited entities Equity Share Investment up to 26% in select cases Preference Share Investment up to 11% in select case. Dividend rate prescribed is the term lending rate Release of security documents:Within 30 days after closure of loan and production of NOC from other institutions/RR/Dept/ evidence of disposal of litigation etc:

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KSIDC Privilege Card

To give financial assistance to the best of KSIDC assisted units having a minimum of 3 years of association The new loan up shall be 50% of the outstanding amount Loans shall be offered in the lowest rate in the interest band Should have good repayment track record with KSIDC and the accounts must be in standard category Has submitted the latest audited/provisional balance sheet Processing fee shall be waived

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Special Financial Products

Sector-specific and targeted schemes

Bill Discounting Loan

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Contractor Loan

To provide financial assistance by way of working capital term loan to eligible, established and creditworthy applicants in the State for execution of various works in connection with Government assigned contracts in the State To Company, LLP, Proprietorship concern or Partnership Firm Shall be provided a financial assistance of 60% of the cost of work awarded Financial Assistance of Rs. 50 Lakhs to Rs. 6,000 Lakhs Repayment period of 3 years Interest rate of 9.50% (floating) Security for the loan shall be unencumbered collateral security, irrevocable Bank Guarantee, and fixed deposit in nationalized / scheduled banks providing 133% of cover for the loan sanctioned

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Caravan Loan

To provide finance for meeting the expenditure for purchasing of new caravans and / or setting up caravan parks Maximum finance from KSIDC per caravan is limited to 70 % of the cost of caravan. Promoters have to bring in the balance 30 % Financial Assistance of Rs. 25 Lakhs to Rs. 100 Lakhs per caravan, with the maximum lending limit being Rs. 500 Lakhs To Existing resorts/resort groups (firms, LLP and limited companies), Existing fleet owners/tour operators (firms, LLP and limited companies) and Returnee migrants Repayment period of 7 years Moratorium period of 12 months, extendable by another 6 months, from the date of first disbursement Interest rate of 8.50% (floating) Security for the loan shall be hypothecation of the caravan. In case of multiple vehicles financed, collateral security to cover 140% security shall be provided In case of funding for caravan parks, mortgage of caravan park exclusively to cover 140%

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WE Funding

To provide financial assistance to existing women entrepreneurs in the manufacturing/service business using industrial machinery/equipment for scaling up through expansion, modernization and related diversification with the turnover condition mentioned below. The minimum average annual turnover shall be Rs.10.00 Lakhs for seeking assistance under this scheme up to Rs.25.00 lakhs and for above Rs.25.00 lakhs assistance, average annual turnover shall be double the loan requirement. Assistance shall be given to proprietorship, partnership firms, limited liability partnerships, private limited companies etc. owned and managed by women (holding 51% or more) Loan assistance of up to 80% of project cost shall be provided Lending limits shall be a maximum of Rs.50.00 Lakhs Interest rate of 7.50% Tenure of loan shall be limited to a maximum of 6 years, including a moratorium up to 6 months from the date of sanction of loan

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Startup Support

Seed Funding & Scaleup Assistance

Scale Up Funding

The objective of the scheme is to support innovative home-grown start-ups to scale up their operations from Kerala. The Start-up shall be a Private Limited company with valid registration of KSUM/DPIIT and shall have completed product development and started commercial operations /generating revenues or utilized the assistance received in the seed stage effectively and has also commenced repaying/closed the assistance sought or has received major recognition from renowned institutions/agencies /received external investor funding support etc. The financial assistance will be by way of loan/equity assistance up to Rs. 100.00 lakhs per venture subject to a maximum of 70 % of the Project cost. The loan tenure is 4 years, including a one-year moratorium from the date of the first disbursement. The Scale-Up Support up to Rs.50.00 lakhs will be sanctioned as collateral free loan backed by Personal guarantee and Primary Security. Scale-up support loans ranging from Rs. 50.00 lakhs to Rs. 100.00 lakhs, is given against collateral security equal to minimum 50% of the loan amount, Personal guarantee and Primary Security. Minimum 30 % of project cost should be brought in and spent upfront by Promoter for availing first tranche disbursement. The current applicable interest rate is 7.00%.

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Connect With Us

Our investor facilitation team is ready to guide you every step of the way.

Helpline Numbers

Toll FreeIndustries / Investment Toll Free Number. 1800 890 1030 (8 AM to 8 PM on all working days).

Head Office KSIDC – THIRUVANANTHAPURAM Kerala State Industrial Development Corporation Ltd. T.C. XI/266, Keston Road, Kowdiar, Thiruvananthapuram-695 003 +91-471-2318922 (EPABX) enquiry@ksidcmail.org Fax: 0471-2315893

Office Leadership

Regional KSIDC – KOCHI 2nd Floor.Choice Towers, Manorama Junction, Kochi-682016 +91-484-2323010/2323101 (EPABX) Fax: 0484-2323011

Satellite KSIDC – KOZHIKODE First Floor, BSNL Office Annex. Building, Balan K Nair Road, Ashokapuram, Kozhikode ΓÇô 673 001

Need immediate assistance? Our investment facilitation team is available Mon–Fri, 9AM–5PM IST

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