Latest news with #Industriesdepartment


The Hindu
02-07-2025
- Business
- The Hindu
Kerala Industries department takes up rebranding exercise
The Industries department of Kerala has undertaken a comprehensive rebranding exercise with a specific emphasis on environmental, social and governance (ESG) framework and sustainability-focused branding. Following a direction from the State government, the Kerala State Industrial Development Corporation (KSIDC) carried out the rebranding exercise of the department as well as its affiliated entities after extensive consultations and deliberations. A new uniform colour scheme and style has been adopted for the name boards of the department and its affiliated entities as part of this. In addition to KSIDC, the district industries centres, industrial estates, entrepreneurship clubs in colleges, the major public sector units, including Malabar Cements, Kerala Minerals and Metals and Keltron, will have the rebranded name boards with a light green tint. Streamlining business processes The changes are in line with the steps being taken by the State government over the past few years to streamline business processes and position Kerala as a leading investment-friendly destination. The government had introduced the Industrial Policy 2023 with an aim to strengthen the industrial ecosystem through the identification of priority sectors and the implementation of targeted incentives and subsidies. The policy focusses on the State's traditional sectors as well as the sunrise sectors, including artificial Intelligence, hi-tech farming, value-added rubber products, medical equipment, biotechnology, graphene, electric vehicles, and robotics. The State has also embarked on an initiative to foster an Industry 4.0 ecosystem, centred on the themes of sustainability and balanced development. The initiative is grounded in ESG sustainability principles, which is the foundation for a model of responsible industry and responsible investment.


New Indian Express
20-05-2025
- Business
- New Indian Express
Madras HC imposes Rs 25 lakh cost on state for violating court order directing grant of quarry licence in 2010
MADURAI: The Madurai Bench of Madras High Court recently ordered the Industries department to pay Rs 25 lakh cost for failing to obey an order passed by the court in 2010, directing the department to grant quarry permission to a man in a 10-hectare land in Tiruchy district. Hearing a contempt petition filed by the man, N Babu (now deceased), in 2015, Justice K Kumaresh Babu directed the principal secretary of the department to pay Rs 20 lakh to Babu's family, who were added as petitioners in 2020, and deposit the remaining amount in favour of the Chief Justice Relief Fund, within two months. According to the order, Babu was granted lease to quarry sand in the above land for three years from December 2001 to December 2004. Subsequently, the state government passed a G.O. on October 1, 2003, taking over the operation of all sand quarries in the state. The Supreme Court had upheld the validity of the said rule but permitted lessees, who were in existence on the above date, to continue quarrying operations for a limited period and also directed refund of unutilised lease amounts.