KSIDC plans textile park at Kanjikode

Kerala State Industrial Development Corp has invited ‘expression of interest’ bids to set up an integrated textile park in Kanjikode near Palakkad in Kerala. Kinfra has acquired around 160 acres of land here and 60 acres of it will be allotted to textile industries to set up technical textiles, garment manufacturing, weaving etc., Kinfra will provide basic infrastructure facilities and may pick up equity in the ventures upto 26% or the value of land will be converted to equity. It may be noted, Kinfra’s textile center at Taliparamba in Kannur district is ready for inauguration and has 94.8 acres is ready for allotment to textile units.

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