KSIDC float grabs public attention in Onam cultural pageantry

Trivandrum / September 2, 2023

Thiruvananthapuram, Sept. 02: The Kerala State Industrial Development Corporation’s (KSIDC) tableau themed on the new policies of Industries Department, was a main attraction at the cultural pageantry of the week-long Onam celebrations, presenting the onlookers with a snapshot of the robust industrial scenario in the state.    

The KSIDC float was conceived on the basis of the Industrial Policy 2023, formulated with the vision of responsible investment as its core.

The innovatively-designed tableau vividly showcased the concept of investment by placing golden-coloured dollar models on a glittering map of Kerala. It represented 22 industries which have been given priority in the new industrial policy. Also, the upward arrow to indicate industrial growth and a cogwheel attached to it, with the fingers of the human hand grasping the arrow mark as the cogwheel rotates, evoked much curiosity among onlookers.

The display also included the single window system of the Industries Department. The tableau was innovatively put together in such a way enabling spectators to get the crux of the theme at a single glance.

Professionals have been appointed in all local self-government institutions as Entrepreneur Development Executives to assess opportunities for responsible investment and to provide guidance to entrepreneurs. Also, officers have been appointed at taluk and district levels to supervise it.

In order to give a fillip to industrial growth in the state, the Industries Department plans to promote investment by prioritizing sectors that have gained global recognition as enterprises of the future.

Through responsible investment, the new Industrial Policy aims to attract more investment, thereby bringing in more industries and creating employment opportunities. Besides developing Kerala as an ESG (Environment, Social, and Governance) investment destination in India, the policy also intends to create an industrial environment favourable to Industrial Revolution 4.0. 

The Onam celebrations which began on Sunday concluded here this evening with a grand display of tableaux by several departments of the state government, showcasing their progressive initiatives.

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