Public sector undertakings in Kerala

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Districts of Kerala

Public sector undertakings in Kerala are of two types, public sector units in which majority shares are owned by Union Government and public sector units in which majority shares are owned by State Government. Public sector undertakings in Kerala,[1][2] i.e. enterprises in which majority shareholder is Government of Kerala are generally divided into Manufacturing & Non-Manufacturing. Some of the PSUs such as Kinfra, KSIDC, SIDCO etc. are promotional agencies.[3] As of 2004 there were 104 enterprises spread over 14 different sectors of Kerala economy. These sectors are as varied as engineering, electronics to wood products & welfare agencies. Eleven units are joint venture of Kerala government with the central government. Most of state PSUs units are under Department of Industries & Commerce (85 enterprises).

The largest enterprises[4] (Based on 2005 figures)

Rank Based on capital investment Based on turnover Based on profitability Based on employment Loss making
1 Kerala State Electricity Board Kerala State Electricity Board Kerala State Electricity Board Kerala State Road Transport Corporation Kerala State Road Transport Corporation
2 Kerala Water Authority Kerala State Beverages (M&M) Corporation Ltd. Kerala State Financial Enterprises Ltd. The Kerala State Cashew Development Corporation Limited Kerala Water Authority.
3 Kerala Housing Board Kerala State Road Transport Corporation. Kerala Minerals and Metals Ltd. Kerala Housing Board Kerala State Civil Supplies Corporation Limited

Most of the PSUs in Kerala are loss making units and only 32 units are making profit.[5] Various units such as Kerala Garments Ltd., Scooters Kerala Limited etc. are practically non-functional. As per CAG report, Kerala PSU lack accountability, and there is a great scope for imbibing professionalism and efficiency. Losses in PSU were due to poor management, planning & implementation.[6] Kerala Government have chosen to restructure the loss making units and not privatisation.[7] However, there are reports that PSU in Kerala have improved their performance. In 2005–06 there were only 12 profit making units. In 2012–13 there were 45 profit making units and 31 PSU unit had made losses as per CAG report tabled in state assembly.[8][9]

List of state PSUs in Kerala[edit]

Sl. No Company HQ Location Sector Remarks
1 Technopark,Thiruvananthapuram Thiruvananthapuram Development & Infrastructure, Information Technology Profit Making,Single largest employer in Kerala
2 Autokast Limited Cherthala Engineering profit making
3 Bekal Resorts Development Corporation Ltd., Thiruvananthapuram Tourism Profit making
4 Foam Mattings (India) Limited Alappuzha Traditional industry
5 Forest Industries (Travancore) Limited, Aluva Wood based industry
6 Handicrafts Development Corporation of Kerala Ltd Thiruvananthapuram Traditional industry Loss making
7 InfoPark, Kochi Kakkanad, Kochi Information Technology Profit Making
8 Kerala Agro Industries Corporation Limited Thiruvananthapuram Agro based Profit Making
9 Kerala Agro Machinery Corporation Ltd., Ernakulam Engineering Profit Making
10 Kerala Artisans' Development Corporation Ltd., Thiruvananthapuram Welfare loss making
11 Kerala Automobiles Limited Thiruvananthapuram Engineering Loss making
12 The Kerala Ceramics Limited Kundara Ceramics & Refractories Loss making
13 Kerala Clays and Ceramic Products Limited Kannur Ceramics & Refractories
14 Kerala Construction Components Limited Cherthala Ceramics & Refractories Closed down
15 Kerala Electrical & Allied Engineering Company Ltd. Kochi Electrical equipment
16 Kerala Solvent Extractions Ltd Thrissur Agro based Profit Making
17 Kerala Garments Limited Kannur Textiles Closed down
18 Kerala Hitech Industries Limited Thiruvananthapuram Engineering
19 Kerala Industrial Infrastructure Development Corporation (KINFRA) Thiruvananthapuram Developmental & Infrastructure
20 Kerala Khadi & Village Industries Board Thiruvananthapuram Traditional industry
21 Kerala Land Development Corporation Limited Thiruvananthapuram Developmental & Infrastructure Loss making
22 Kerala Medical Services, Corporation Thiruvananthapuram
23 Kerala Minerals and Metals Ltd. Kollam Chemical industries Profit Making
24 Kerala Police Housing and Construction Corporation Limited Thiruvananthapuram Developmental & Infrastructure Loss making
25 Kerala Premo Pipe Factory Chavara Unit closed down
26 Kerala Shipping & Inland Navigation Corporation Ltd. Kochi Public utilities
27 Kerala Small Industries Development Corporation Ltd., (SIDCO) Thiruvananthapuram Developmental & Infrastructure Profit making
28 Kerala Soaps & Oils Ltd. (Not to be confused with Kerala Soaps Unit) ] Chemical industries Liquidated
29 The Kerala State Bamboo Corporation Ltd Thiruvananthapuram Agro based Loss making
30 Kerala State Beverages (M&M) Corporation Ltd. Thiruvananthapuram Trading unit
31 Kerala State Cashew Development Corporation Ltd. Kollam Agro based Loss making
32 Kerala State Civil Supplies Corporation Ltd. Kochi Trading unit
33 Kerala State Coconut Development Corporation Ltd. Attingal Agro based Under liquidation
34 Kerala State Coir Corporation Ltd. Alappuzha Agro based Profit Making
35 Kerala State Construction Corporation Ltd. Kochi Engineering
36 Kerala State Co-operative Federation for Fisheries Development Ltd., Matsyafed Thiruvananthapuram Fisheries
37 Kerala State Detergents and Chemicals Ltd. Kuttipuram Chemical industries Closed down
38 Kerala State Development Corporation for Christian Converts from Scheduled Castes and the Recommended communities Ltd. Kottayam Welfare Loss making
39 Kerala State Cooperative Textile Federation Ltd. Thiruvananthapuram Textile Loss making
40 Kerala State Development Corporation for Scheduled Castes and Scheduled Tribes Ltd. Thrissur Welfare
41 Kerala State Drugs and Pharmaceuticals Ltd., Alappuzha Chemical industries Loss making
42 Kerala State Electricity Board Thiruvananthapuram Public utilities
43 Kerala State Electronics Development Corporation Ltd., (KELTRON), Thiruvananthapuram Electronics Profit making
44 Kerala State Film Development Corporation Ltd. Thiruvananthapuram Developmental & Infrastructure Loss making
45 Kerala State Financial Enterprises Ltd. Thrissur Developmental & Infrastructure Profit Making
46 Kerala State Handicapped Persons Welfare Corporation Ltd. Thiruvananthapuram Welfare
47 Kerala State Handloom Development Corporation Ltd. Kannur Traditional industries Loss making
48 Kerala State Horticultural Products Development Corporation Ltd., (Horticrop) Thiruvananthapuram Agro based Loss making
49 Kerala State Housing Board Thiruvananthapuram Public utilities Loss making
50 Kerala State Industrial Development Corporation Ltd. Thiruvananthapuram Development & Infrastructure Profit Making
51 Kerala State Industrial Enterprises Ltd Thiruvananthapuram Development & Infrastructure Profit Making
52 Kerala State Industrial Products Trading Corporation Ltd. Thiruvananthapuram Trading units Loss making
53 Kerala State Maritime Development Corporation Ltd. Kochi Public utilities Loss making
54 Kerala State Poultry Development Corporation Ltd. Thiruvananthapuram Agro based
55 Kerala State Palmyrah Products Development and Workers Welfare Corporation Ltd., (KELPAM) Thiruvananthapuram Welfare Loss making
56 Kerala State Road Transport Corporation Thiruvananthapuram Public utilities Loss making
57 Kerala State Salicylates & Chemicals Ltd. Thiruvananthapuram Chemical industries Closed down
58 Kerala State Textile Corporation Ltd. Thiruvananthapuram Textiles Loss making
59 Kerala State Warehousing Corporation Kochi Agro based Loss making
60 Kerala State Women's Development Corporation Ltd. Thiruvananthapuram Welfare
61 Kerala State Wood Industries Ltd. Malappuram Wood based industry Loss making
62 Kerala Tourism Development Corporation Ltd. Thiruvananthapuram Tourism Profit making
63 Kerala Urban and Rural Development Finance Corporation Ltd. Thiruvananthapuram Development & Infrastructure
64 Kerala Water Authority Thiruvananthapuram Public utilities Loss making
65 Malabar Cements Ltd. Palakkad Chemical industries Profit Making
66 Malabar Co-operative Textiles Ltd. (MALCOTEX) Malappuram Textiles
67 Meat Products of India Ltd. Ernakulam Agro based
68 Oil Palm India Ltd. Kottayam Agro based Profit Making
69 Overseas Development and Employment Promotion Consultants Ltd. Thiruvananthapuram Labour & Rehabilitation
70 Rehabilitation Plantations Ltd Punalur Labour & Rehabilitation Profit Making
71 Roads and Bridges Development Corporation of Kerala Ltd. Kochi Public works
72 Scooters Kerala Ltd. Alappuzha Engineering Closed down
73 Sideco Mohan Kerala Ltd. Thrissur Unit closed down
74 Sidkel Televisions Ltd. Thiruvananthapuram electronics Unit closed down
75 Sitaram Spinning and Weaving Mills Thrissur Textiles Loss making
76 State Farming Corporation of Kerala Ltd. Punalur Agro
77 State Rural Development Board Thiruvananthapuram Development & Infrastructure Unit closed down
78 Steel Complex Ltd. Kozhikode Engineering Loss making
79 Steel and Industrial Forgings Ltd Thrissur Engineering Profit Making
80 The Metal Industries Ltd. Palakkad Engineering Loss making
81 The Metropolitan Engineering Company Ltd. Thiruvananthapuram Electrical equipment Unit closed
82 The Pharmaceutical Corporation (IM) Kerala Ltd., (Oushadhi) Thrissur Chemical industries Profit Making
83 The Plantation Corporation of Kerala Ltd. Kottayam Agro based
84 The Priyadarshini Co-operative Spinning Mills Ltd. Kottayam Textiles
85 Tourist Resorts (Kerala) Ltd. Thiruvananthapuram Tourism
86 Astral Watches Limited, Kowdiar Thiruvananthapuram Engineering Company declared Defunct[10]
87 Traco Cable Company Ltd. Kochi Electrical equipment Loss making
88 Transformers and Electricals Kerala Ltd. Ernakulam Electrical equipment Profit Making
89 Tranvancore Cochin Chemicals Ltd. Kochi Chemical industries Profit making
90 Travancore Cements Ltd. Nattakom Kottayam Chemical industries Loss making
91 Travancore Plywood Industries Ltd. Punalur Wood based industry Closed down
92 Travancore Sugars & Chemicals Ltd. Thiruvalla Chemical industries
93 Travancore Titanium Products Ltd. Thiruvananthapuram Chemical industries Profit Making
94 Trivandrum Rubber Works Ltd. Thiruvananthapuram Agro based Liquidated
95 Trivandrum Spinning Mills Ltd. Thiruvananthapuram Textiles Closed down
96 Tourist ResortsLtd. Thiruvananthapuram Infrastructure & Development
97 United Electrical Industries Ltd. Kollam Electrical equipment Loss making.
98 Kerala State Rural Women's Electronics Industrial Co-operative Federation Ltd-RUTRONIX Thiruvananthapuram Electronic /IT Training
99 Kerala Feeds Limited Thrissur Cattle Feed Profit Making
100 LBS Institute of Technology for Women Thiruvananthapuram Engineering Education
101 Kerala State Development Corporation for Christian Converts from Scheduled Castes and the Recommended Communities Kottayam Financing, Marketing, Education Loss Making

List of state PSUs in Kerala under joint ownership with Central Government[edit]

Sl. No Company HQ Location Sector Remarks
1 Handicrafts Development Corporation of Kerala Limited Thiruvananthapuram Traditional industry Loss making
2 Kerala Agro Industries Corporation Limited Thiruvananthapuram Agro based
3 Kerala Forest Development Corporation Limited Kottayam Agro based Profit Making
4 Kerala Khadi & Village Industries Board Thiruvananthapuram Traditional industry
5 Kerala State Road Transport Corporation Thiruvananthapuram Public utilities Loss making
6 Kerala State Warehousing Corporation Kochi Agro based Loss making
7 Kerala State Women's Development Corporation Limited. Thiruvananthapuram Welfare
8 Kerala State Wood Industries Ltd. Malappuram Wood based industry Loss making
9 Oil Palm India Ltd. Kottayam Agro based Profit Making
10 Rehabilitation Plantations Limited Punalur Labour & Rehabilitation Profit Making
11 Kerala Land Development Corporation Limited Thiruvananthapuram Developmental & Infrastructure Loss making

References[edit]

  1. ^ http://kerala.gov.in
  2. ^ http://keralaindustry.org/
  3. ^ http://www.keralaindustry.org/Synergising_PSU%27s.pdf
  4. ^ A REVIEW OF PUBLIC ENTERPRISES IN KERALA 2004–2005, Bureau of Public Enterprises, Government of Kerala
  5. ^ http://industriesministerkerala.gov.in/constituency.php
  6. ^ "Kerala public sector units lack accountability: CAG". 
  7. ^ Restructuring public enterprises in India: privatisation and disinvestment By R. K. Mishra, B. Navin 2002.
  8. ^ "A public sector revival?". 
  9. ^ "45 PSUs in Kerala clocked profit in 2012–13: CAG report". 
  10. ^ http://www.bpe.kerala.gov.in/pages/BPE%20Doc/52.pdf