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Ever since its establishment in 1975 by amalgamating erstwhile Kerala Small Industries Corporation and Kerala Employment Promotion Corporation, Kerala SIDCO caters overarching needs of Small Scale Industries in the State -provision for land and building, supply of scarce raw materials at low cost, marketing of MSME Products etc to name a few. SIDCO is a fully owned Government Corporation with its registered office at Trivandrum. SIDCO owns and operates production units, raw materials depots, Industrial Estates/ Mini Industrial Estates, marketing cell/emporia/centres, Civil Construction Division, IT&TC Division, Export & Import/ Project Division and Industrial Parks. Kerala SIDCO has been distinguished as No.1 SIDCO among South Indian SIDCO’s during 2010-2011 in the wake of the achievement of an unprecedented turnover of Rs.127.81 Crores. Add to its credential, Government of Kerala recognized the IT&TC Division of Kerala SIDCO as a Total Solution Provider to Government of Kerala. During 2011-12, SIDCO achieved a total turnover of Rs. 204 crores from its activities with a profit of Rs. 2.39 crores. The various divisions under Kerala SIDCO includes
1. Marketing Division
2. Production Division
3. Industrial Estate Division
4. Industrial Park Division
5. Raw Material Division
6. Construction Division
7. IT&TC and Trading Division
8. Export, Import & Project Division
9. Consultancy Division
SIDCO provides marketing support to Micro Small and Medium Enterprises functioning in the State. During 2010-11 a total of 50.71 Crore worth SSI Products have been marketed successfully to various Government Departments and PSU’s. In the course of this mission, we have contributed Rs.103 lakhs to state exchequer towards collections and remittance of VAT. During 2012-13, the division achieved a turnover of Rs. 74 crores. SIDCO is also entrusted as the nodal agency for the fixing of prices for electrical items-one among the reserved items for MSME Sector.
SIDCO owns 8 Production Units across the States, manufacturing Wooden and Steel Furniture, Survey equipments, Pressure Die Cast Components, Jigs and fixtures and machining of precision component. A major expansion and modernization policy has set in motion to transmute the Division to enlarge the product line.
Industrial Estate Division.
SIDCO presently manages 17 major Industrial Estates and 36 Mini Industrial Estates. These estates are the havens of numerous SSIs, where SIDCO provides common infrastructural facilities for all the units.
Industrial Park Division
Government has devised Industrial Park as a tool for developing industries in our State for which SIDCO is accepted as a Nodal Agency for constructing such Parks. Government of Kerala envisages atleast one IP in each assembly constituency as a measure for employment generation. In this venture, SIDCO has completed 7 Industrial Parks that host 218 Industrial Units with a direct employment opportunity for nearly 1000 people.
Raw Material Division
This division aims to distribute scarce raw materials to small scale industries. As low cost raw materials is inevitable to sustain the MSME in the field owing to cutthroat competition, SIDCO sacrificing its margin while supplying essential raw materials at the lowest possible cost. The Division achieved a turnover of Rs.54 Crore during 2010-11 and 79 crores during 2011-12. SIDCO seeks to widen its horizon by working in tandem with other central and state public sector undertaking for the best help of MSME Sector.
Our Civil Construction Division that undertakes civil construction works, caters the needs for various PSU’s, Tourism Department, various Government Departments, Industrial Estates / Mini Industrial Estates etc. The Division is at the behest of a Chief Engineer whose mission is assisted and supplemented by a group of experienced civil and Electrical engineers. The Division offers a host of integrated services-Structural design, preparation of detailed estimate, surveying, execution and management of civil and electrical works.
The division, now conferred as a Total Solution Provider of Government of Kerala undertakes all gamuts of activities related to the arena of information technology. Now it ventures Telecom City, a major project with a total outlay of Rs.600 Crores on BOT basis with a 50000 Nos of prospective employment opportunities. The prestigious Tool Room cum Training Centre with state-of- the art technology, set up with a total outlay of Rs. 12 crore for the manufacture of tooling equipments and training is also functioning under the Division.
Export, Import & Project Division
This division is created to undertake special projects. Under this division it is proposed to start IOC/ONGC Petro/Diesel Pumps at Cherthala, Ollur, Kanichukulangara, Olavakkode, Pachalam and Ernakulam. This division also undertakes supply / installation of LED Street Lights, e-toilets, High Security Number Plates etc.
SIDCO is playing a vital role for the promotion of Small Micro and Medium Industries in the State that provides more than 10000 direct employment opportunities and over 20,000 indirect employment opportunities, its activities to lift this sector is very vital from social and economic view point.
This division is mainly constituted for assisting entrepreneurs and Government/semi Government institutions right from project development to its execution. Consultancy extends its service for project development, preparation of project report, assistance for obtaining term loans and finally its implementation. So far the division has bagged a handful of prestigious project for the consultancy services