Public sector undertakings in Kerala

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)

RankBased on capital investmentBased on turnoverBased on profitabilityBased on employmentLoss making
1Kerala State Electricity BoardKerala State Electricity BoardKerala State Electricity BoardKerala State Road Transport CorporationKerala State Road Transport Corporation
2Kerala Water AuthorityKerala State Beverages (M&M) Corporation Ltd.Kerala State Financial Enterprises Ltd.The Kerala State Cashew Development Corporation LimitedKerala Water Authority.
3Kerala State Housing BoardKerala State Road Transport Corporation.Kerala Minerals and Metals Ltd.Kerala State Housing BoardKerala 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]

Kerala government should take a cue from the disinvestment process initiated at the Centre and initiate it at the State level, Kerala has the case of large number of PSUs in Kerala that were closed, as they were not able to withstand the competition in the market, a study report suggested by the Kochi-based think tank Centre for Public Policy and Research[10]

List of state PSUs in Kerala

Sl. NoCompanyHQ LocationSectorRemarks
1Technopark,ThiruvananthapuramThiruvananthapuramDevelopment & Infrastructure, Information TechnologyProfit Making,Single largest employement facilitator in Kerala
2Autokast LimitedCherthalaEngineeringprofit making
3Bekal Resorts Development Corporation Ltd.,ThiruvananthapuramTourismProfit making
4Foam Mattings (India) LimitedAlappuzhaTraditional industry
5Forest Industries (Travancore) Limited,KochiWood based industry
6Handicrafts Development Corporation of Kerala LtdThiruvananthapuramTraditional industryLoss making
7InfoPark, KochiKochiInformation TechnologyProfit Making
8Kerala Agro Industries Corporation LimitedThiruvananthapuramAgro basedProfit Making
9Kerala Agro Machinery Corporation Ltd.,KochiEngineeringProfit Making
10Kerala Artisans' Development Corporation Ltd.,ThiruvananthapuramWelfareloss making
11Kerala Automobiles LimitedThiruvananthapuramEngineeringLoss making
12The Kerala Ceramics LimitedKundaraCeramics & RefractoriesLoss making
13Kerala Clays and Ceramic Products LimitedKannurCeramics & RefractoriesProfit making
14Kerala Construction Components LimitedCherthalaCeramics & RefractoriesClosed down
15Kerala Electrical and Allied Engineering Company Ltd.KochiElectrical equipment
16Kerala Solvent Extractions LtdThrissurAgro basedProfit Making
17Kerala Garments LimitedKannurTextilesClosed down
18Kerala Hitech Industries LimitedThiruvananthapuramEngineering
19Kerala Industrial Infrastructure Development Corporation (KINFRA)ThiruvananthapuramDevelopmental & Infrastructure
20Kerala Khadi & Village Industries BoardThiruvananthapuramTraditional industry
21Kerala Land Development Corporation LimitedThiruvananthapuramDevelopmental & InfrastructureLoss making
22Kerala Medical Services, CorporationThiruvananthapuram
23Kerala Minerals and Metals Ltd.KollamChemical industriesProfit Making
24Kerala Police Housing and Construction Corporation LimitedThiruvananthapuramDevelopmental & InfrastructureLoss making
25Kerala Premo Pipe FactoryChavaraUnit closed down
26Kerala Shipping & Inland Navigation Corporation Ltd.KochiPublic utilities
27Kerala Small Industries Development Corporation Ltd., (SIDCO)ThiruvananthapuramDevelopmental & InfrastructureProfit making
28Kerala Soaps & Oils Ltd. (Not to be confused with Kerala Soaps Unit)KozhikodeChemical industriesLiquidated
29The Kerala State Bamboo Corporation LtdThiruvananthapuramAgro basedLoss making
30Kerala State Beverages (M&M) Corporation Ltd.ThiruvananthapuramTrading unit
31Kerala State Cashew Development Corporation Ltd.KollamAgro basedLoss making
32Kerala State Civil Supplies Corporation Ltd.KochiTrading unit
33Kerala State Coconut Development Corporation Ltd.AttingalAgro basedUnder liquidation
34Kerala State Coir Corporation Ltd.AlappuzhaAgro basedProfit Making
35Kerala State Construction Corporation Ltd.KochiEngineering
36Kerala State Co-operative Federation for Fisheries Development Ltd., MatsyafedThiruvananthapuramFisheries
37Kerala State Detergents and Chemicals Ltd.KuttipuramChemical industriesClosed down
38Kerala State Development Corporation for Christian Converts from Scheduled Castes and the Recommended communities Ltd.KottayamWelfareLoss making
39Kerala State Cooperative Textile Federation Ltd.ThiruvananthapuramTextileLoss making
40Kerala State Development Corporation for Scheduled Castes and Scheduled Tribes Ltd.ThrissurWelfare
41Kerala State Drugs and Pharmaceuticals LimitedAlappuzhaChemical industriesProfit making
42Kerala State Electricity BoardThiruvananthapuramPublic utilities
43Kerala State Electronics Development Corporation Ltd., (KELTRON),ThiruvananthapuramElectronicsProfit making
44Kerala State Film Development Corporation Ltd.ThiruvananthapuramDevelopmental & InfrastructureLoss making
45Kerala State Financial Enterprises Ltd.ThrissurDevelopmental & InfrastructureProfit Making
46Kerala State Handicapped Persons Welfare Corporation Ltd.ThiruvananthapuramWelfare
47Kerala State Handloom Development Corporation Ltd.KannurTraditional industriesLoss making
48Kerala State Horticultural Products Development Corporation Ltd., (Horticrop)ThiruvananthapuramAgro basedLoss making
49Kerala State Housing BoardThiruvananthapuramPublic utilitiesLoss making
50Kerala State Industrial Development Corporation Ltd.ThiruvananthapuramDevelopment & InfrastructureProfit Making
51Kerala State Industrial Enterprises LtdThiruvananthapuramDevelopment & InfrastructureProfit Making
52Kerala State Industrial Products Trading Corporation Ltd.ThiruvananthapuramTrading unitsLoss making
53Kerala State Maritime Development Corporation Ltd.KochiPublic utilitiesLoss making
54Kerala State Poultry Development Corporation Ltd.ThiruvananthapuramAgro based
55Kerala State Palmyrah Products Development and Workers Welfare Corporation Ltd., (KELPAM)ThiruvananthapuramWelfareLoss making
56Kerala State Road Transport CorporationThiruvananthapuramPublic utilitiesLoss making
57Kerala State Salicylates & Chemicals Ltd.ThiruvananthapuramChemical industriesClosed down
58Kerala State Textile Corporation Ltd.ThiruvananthapuramTextilesLoss making
59Kerala State Warehousing CorporationKochiAgro basedLoss making
60Kerala State Women's Development Corporation Ltd.ThiruvananthapuramWelfare
61Kerala State Wood Industries Ltd.MalappuramWood based industryLoss making
62Kerala Tourism Development Corporation Ltd.ThiruvananthapuramTourismProfit making
63Kerala Urban and Rural Development Finance Corporation Ltd.ThiruvananthapuramDevelopment & Infrastructure
64Kerala Water AuthorityThiruvananthapuramPublic utilitiesLoss making
65Malabar Cements LimitedPalakkadChemical industriesProfit Making
66Malabar Co-operative Textiles Ltd. (MALCOTEX)MalappuramTextiles
67Meat Products of India Ltd.KochiAgro based
68Oil Palm India Ltd.KottayamAgro basedProfit Making
69Overseas Development and Employment Promotion Consultants Ltd.ThiruvananthapuramLabour & Rehabilitation
70Rehabilitation Plantations LtdPunalurLabour & RehabilitationProfit Making
71Roads and Bridges Development Corporation of Kerala Ltd.KochiPublic works
72Scooters Kerala Ltd.AlappuzhaEngineeringClosed down
73Sideco Mohan Kerala Ltd.ThrissurUnit closed down
74Sidkel Televisions Ltd.ThiruvananthapuramelectronicsUnit closed down
75Sitaram Spinning and Weaving MillsThrissurTextilesLoss making
76State Farming Corporation of Kerala Ltd.PunalurAgro
77State Rural Development BoardThiruvananthapuramDevelopment & InfrastructureUnit closed down
78Steel Complex Ltd.KozhikodeEngineeringLoss making
79Steel and Industrial Forgings LtdThrissurEngineeringProfit Making
80The Metal Industries Ltd.PalakkadEngineeringLoss making
81The Metropolitan Engineering Company Ltd.ThiruvananthapuramElectrical equipmentUnit closed
82The Pharmaceutical Corporation (IM) Kerala Ltd., (Oushadhi)ThrissurChemical industriesProfit Making
83The Plantation Corporation of Kerala Ltd.KottayamAgro based
84The Priyadarshini Co-operative Spinning Mills Ltd.KottayamTextiles
85Tourist Resorts (Kerala) Ltd.ThiruvananthapuramTourism
86Astral Watches Limited, KowdiarThiruvananthapuramEngineeringCompany declared Defunct[11]
87Traco Cable Company Ltd.KochiElectrical equipmentLoss making
88Transformers and Electricals Kerala LimitedKochiElectrical equipmentProfit Making
89Tranvancore Cochin Chemicals Ltd.KochiChemical industriesProfit making
90Travancore Cements Ltd.Nattakom KottayamChemical industriesLoss making
91Travancore Plywood Industries Ltd.PunalurWood based industryClosed down
92Travancore Sugars & Chemicals Ltd.ThiruvallaChemical industries
93Travancore Titanium Products Ltd.ThiruvananthapuramChemical industriesProfit Making
94Trivandrum Rubber Works Ltd.ThiruvananthapuramAgro basedLiquidated
95Trivandrum Spinning Mills Ltd.ThiruvananthapuramTextilesClosed down
96Tourist ResortsLtd.ThiruvananthapuramInfrastructure & Development
97United Electrical Industries Ltd.KollamElectrical equipmentLoss making.
98Kerala State Rural Women's Electronics Industrial Co-operative Federation Ltd-RUTRONIXThiruvananthapuramElectronic /IT Training
99Kerala Feeds LimitedThrissurCattle FeedProfit Making
100LBS Institute of Technology for WomenThiruvananthapuramEngineering Education
101Kerala State Development Corporation for Christian Converts from Scheduled Castes and the Recommended CommunitiesKottayamFinancing, Marketing, EducationLoss Making

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

Sl. NoCompanyHQ LocationSectorRemarks
1Handicrafts Development Corporation of Kerala LimitedThiruvananthapuramTraditional industryLoss making
2Kerala Agro Industries Corporation LimitedThiruvananthapuramAgro based
3Kerala Forest Development Corporation LimitedKottayamAgro basedProfit Making
4Kerala Khadi & Village Industries BoardThiruvananthapuramTraditional industry
5Kerala State Road Transport CorporationThiruvananthapuramPublic utilitiesLoss making
6Kerala State Warehousing CorporationKochiAgro basedLoss making
7Kerala State Women's Development Corporation Limited.ThiruvananthapuramWelfare
8Kerala State Wood Industries Ltd.MalappuramWood based industryLoss making
9Oil Palm India Ltd.KottayamAgro basedProfit Making
10Rehabilitation Plantations LimitedPunalurLabour & RehabilitationProfit Making
11Kerala Land Development Corporation LimitedThiruvananthapuramDevelopmental & InfrastructureLoss making

References

  1. ↑ http://kerala.gov.in Archived 18 May 2006 at the Wayback Machine.
  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. ↑ "Archived copy". Archived from the original on 10 July 2010. Retrieved 17 June 2010.
  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. ↑ Kumar, V Sajeev (2016-06-30). "Call to divest from loss-making PSUs". The Hindu Business Line. Retrieved 2017-10-02.
  11. ↑ http://www.bpe.kerala.gov.in/pages/BPE%20Doc/52.pdf
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