National

Inkel Greens beckons firms to Malappuram

Our Bureau Kochi | Updated on January 20, 2018 Published on June 28, 2016

Inkel Greens, Malappuram, an integrated space designed to house quality educational services and environment-friendly industries, is set to create about 5,000 jobs in the next two years.

As many as 26 companies and five educational institutions have lined up investments worth ₹130 crore and ₹70 crore respectively, and have started setting up infrastructure at the park, which has been developed by the State government’s PPP-initiative Inkel Ltd.

Spread over 168 acres in Panakkad, Malappuram, Inkel Greens has a dedicated industrial zone called ‘SME Park’ and an educational zone called ‘Edu City.’

Discussions are on with more companies and educational institutions for setting up their facilities at Inkel Greens. “We have set 2018 as the deadline to complete this,” said Inkel Managing Director T Balakrishnan.

Inkel has already signed agreements with companies, including the MES Group, Atlas Ideal, Fayeda Group, SSG Group, VKC Elastomers, Capstone Ventures, KMCC, Rafmoh Gold and Ajfan Foods, Duratec and Samastha. Many of them have started construction activities in the zone.

While the MES Group will set up a skill development centre, Atlas Ideal will construct an International School of Commerce. The campus will also have a pharmacy college set up by Fayeda Group, apart from a Gem and Jewellery institute by SSG group, which has started functioning.

At the SME Park, Inkel had constructed five factory buildings where the VKC group is operating a large footwear manufacturing unit employing around 400 people.

“We have so far invested ₹40 crore for developing the infrastructure and support facilities and in the process of adding up more,” he added.

Published on June 28, 2016
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