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Kerala Gets Two Mega Food Parks

Kochi: Union Food Processing Minister Harsimrat Kaur Badal laid the foundation stone for a mega food park being developed by Kerala Industrial Infrastructure Development Corporation (KINFRA) at Palakkad in Kerala. The foundation stone of other mega food part developed by Kerala State Industrial Development Corporation (KSIDC) at Alappuzha was laid by Kerala Chief Minister Pinarayi Vijayan.

 

“Giving a big push to the infrastructure development for food processing in the state of Kerala, foundation stone of two mega food parks are being developed by Kerala Industrial Infrastructure Development Corporation (KINFRA) at Palakkad and other by Kerala State Industrial Development Corporation (KSIDC) at Alappuzha has been laid today,” a statement from the ministry of food processing said.

 

The Mega Food Park at Palakkad is being set up in 78.68 acre of land at the cost of Rs. 119.02 crore whereas the other one at Alappuzha is being set up in 68.18 acre of land at the cost of Rs. 129.15 crore.

 

Badal said that both the Parks also have common administrative building for office and other use by the entrepreneurs. Government of India is providing financial assistance of Rs. 50.00 Crore to each of the projects.