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Doing Business in Kerala

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Obtaining approvals

An indicative list of approvals with timeframe for setting up business in Kerala

List of approvals and clearances required Departments to be consulted Estimated time taken (in days)
Incorporation of the company Registrar of companies SINGLE WINDOW CLEARANCE The state's single window facility clears investment proposals in 45 days on an average. The single window obtains all approvals necessary for the investment proposal within the specified timeframe*.
Registration, IEM, Industrial licences District Industry Centre for small scale industries for large and medium industries
Allotment of land State Department of Industries / State Industrial Development Corporation / Infrastructure corporation
Permission for land use State Department of Industries, Department of Town and Country Planning
Site environmental approval State pollution control board and Ministry of environment and forests
No Objection Certificate and consent under water and pollution control acts State pollution control board
Approval of construction activity and building plan Town and country planning authority
Sanction of power State electricity board
Registration under states sales tax act and central and state excise act Sales tax department, Central and state excise departments

*Source: Kerala State Industrial Development Corporation

Cost of setting up business

An indicative table on cost of setting up business in Kerala

Manufacturing
Land (US$ / hectare) NA
Labour cost (US$ / man year)* 1,327
Services
Occupation costs
(US$ / sq ft / year)
 
Employee cost (US$ / man year)**
Software developers 6,383
Team leads 14,893
Architects 21,276
Project managers 31,915
Common heads
Cost of capital*
(Prime lending rate, per cent)
10.57
Electricity (US cents / kWh)**
Commercial 9.3
Industrial 4.79

*Source: Indiastat.com
**KPMG Analysis on costing for an IT venture in India
*Estimated by computing the average Prime Lending Rates of prominent public sector, private sector and foreign banks in India
**Source: Indiastat.com
Note:
Exchange rate used is INR 47 per US$

Contact for information

State Government Website
www.kerala.gov.in

Kerala Industrial Infrastructure Development Corporation (KINFRA)
Kerala Industrial Infrastructure Development Corporation aims at bringing together all the suitable resources available in the state and developing infrastructure for industrial growth. KINFRA has identified over 20 core areas of competency. It has 12 well-defined industrial parks, each offering comprehensive infrastructure and support services to its clients.

Kerala Industrial Infrastructure Development Corporation
TC 31/2312, KINFRA House
Sasthamangalam
Trivandrum 695 010
Tel: +91 471 2726585
Fax: +91 471 2724773
Email: kinfra@vsnl.com
Web: www.kinfra.com

Confederation of Indian Industry (CII)
Information on markets and opportunities for investment in Kerala can also be obtained from Confederation of Indian Industry which works with the objective of creating a symbiotic interface between industry and government.

Confederation of Indian Industry State Office
Building No 27/2567, L 1
Plot No 471
Panampilly Nagar
Kochi 682 036
Tel: +91 484 2313441 / 2324890
Fax: +91 484 2312615
Email: cii.kerala@vsnl.com
Web: www.ciionline.org

 

Content Source: www.ibef.org

 
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