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)

Rank Based on capital investment Based on turnover Based on profitability Based on employmentLoss making
1 Kerala State Electricity BoardKerala State Electricity Board Kerala State Electricity Board Kerala State Road Transport CorporationKerala 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 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]

List of state PSUs in Kerala

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 CherthalaEngineering profit making
3 Bekal Resorts Development Corporation Ltd., Thiruvananthapuram Tourism loss 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 & RefractoriesLoss making
13Kerala Clays and Ceramic Products Limited Kannur Ceramics & Refractories
14Kerala Construction Components Limited CherthalaCeramics & RefractoriesClosed down
15Kerala Electrical & Allied Engineering Company Ltd. Kochi Electrical equipment
16Kerala Solvent Extractions Ltd Thrissur Agro basedProfit Making
17Kerala Garments Limited Kannur TextilesClosed down
18 Kerala Hitech Industries Limited Thiruvananthapuram Engineering
19 Kerala Industrial Infrastructure Development Corporation (KINFRA) Thiruvananthapuram Developmental & Infrastructure
20Kerala Khadi & Village Industries Board Thiruvananthapuram Traditional industry
21Kerala Land Development Corporation Limited Thiruvananthapuram Developmental & InfrastructureLoss making
22Kerala Medical Services, Corporation Thiruvananthapuram
23 Kerala Minerals and Metals Ltd. Kollam Chemical industries Profit Making
24Kerala Police Housing and Construction Corporation Limited Thiruvananthapuram Developmental & InfrastructureLoss making
25Kerala Premo Pipe Factory Chavara Unit closed down
26 Kerala Shipping & Inland Navigation Corporation Ltd. Kochi Public utilities
27Kerala Small Industries Development Corporation Ltd., (SIDCO) Thiruvanathapuram Developmental & InfrastructureProfit making
28Kerala Soaps & Oils Ltd. (Not to be confused with Kerala Soaps Unit) ] Chemical industriesLiquidated
29The Kerala State Bamboo Corporation Ltd Thiruvananthapuram Agro basedLoss making
30Kerala State Beverages (M&M) Corporation Ltd. Thiruvananthapuram Trading unit
31Kerala State Cashew Development Corporation Ltd. Kollam Agro basedLoss making
32Kerala State Civil Supplies Corporation Ltd. Kochi Trading unit
33Kerala State Coconut Development Corporation Ltd. Attingal Agro basedUnder liquidation
34Kerala State Coir Corporation Ltd. Alappuzha Agro basedLoss making
35Kerala State Construction Corporation Ltd. Kochi Engineering
36 Kerala State Co-operative Federation for Fisheries Development Ltd., Matsyafed Thiruvananthapuram Fisheries
37Kerala State Detergents and Chemicals Ltd. Kuttipuram Chemical industriesClosed down
38Kerala State Development Corporation for Christian Converts from Scheduled Castes and the Recommended communities Ltd. Kottayam WelfareLoss making
39Kerala State Cooperative Textile Federation Ltd. Thiruvananthapuram TextileLoss making
40Kerala State Development Corporation for Scheduled Castes and Scheduled Tribes Ltd. Thrissur Welfare
41Kerala State Drugs and Pharmaceuticals Ltd., Alappuzha Chemical industriesLoss making
42 Kerala State Electricity Board Thiruvananthapuram Public utilities
43 Kerala State Electronics Development Corporation Ltd., (KELTRON), Thiruvananthapuram ElectronicsProfit making
44Kerala State Film Development Corporation Ltd. Thiruvanathapuram Developmental & Infrastructure Loss making
45 Kerala State Financial Enterprises Ltd. Thrissur Developmental & Infrastructure Profit Making
46Kerala State Handicapped Persons Welfare Corporation Ltd. Thiruvanathapuram Welfare
47Kerala State Handloom Development Corporation Ltd. Kannur Traditional industriesLoss making
48Kerala State Horticultural Products Development Corporation Ltd., (Horticrop) Thiruvanathapuram Agro basedLoss making
49Kerala State Housing Board Thiruvanathapuram Public utilitiesLoss making
50 Kerala State Industrial Development Corporation Ltd. Thiruvanathapuram Development & Infrastructure Profit Making
51Kerala State Industrial Enterprises Ltd Thiruvananthapuram Development & Infrastructure Profit Making
52Kerala State Industrial Products Trading Corporation Ltd. Thiruvanathapuram Trading unitsLoss making
53Kerala State Maritime Development Corporation Ltd. Kochi Public utilitiesLoss making
54Kerala State Poultry Development Corporation Ltd. Thiruvanathapuram Agro based
55Kerala State Palmyrah Products Development and Workers Welfare Corporation Ltd., (KELPAM) Thiruvanathapuram WelfareLoss making
56 Kerala State Road Transport Corporation Thiruvananthapuram Public utilitiesLoss making
57Kerala State Salicylates & Chemicals Ltd. Thiruvananthapuram Chemical industriesClosed down
58Kerala State Textile Corporation Ltd. Thiruvanathapuram TextilesLoss making
59Kerala State Warehousing Corporation Kochi Agro basedLoss making
60Kerala State Women’s Development Corporation Ltd. Thiruvanathapuram Welfare
61Kerala State Wood Industries Ltd. Malappuram Wood based industryLoss making
62 Kerala Tourism Development Corporation Ltd. ThiruvanathapuramTourismProfit making
63Kerala Urban and Rural Development Finance Corporation Ltd. Thiruvanathapuram Development & Infrastructure
64Kerala Water Authority Thiruvanathapuram Public utilitiesLoss making
65Malabar Cements Ltd. Palakkad Chemical industriesProfit Making
66Malabar Co-operative Textiles Ltd. (MALCOTEX) Malappuram Textiles
67 Meat Products of India Ltd. Ernakulam Agro based
68Oil Palm India Ltd. Kottayam Agro based
69Overseas Development and Employment Promotion Consultants Ltd. Thiruvananthapuram Labour & Rehabilitation
70Rehabilitation Plantations Ltd PunalurLabour & Rehabilitation
71Roads and Bridges Development Corporation of Kerala Ltd. Kochi Public works
72Scooters Kerala Ltd. Alappuzha EngineeringClosed down
73Sideco Mohan Kerala Ltd. Thrissur Unit closed down
74Sidkel Televisions Ltd. Thiruvananthapuram electronics Unit closed down
75Sitaram Spinning and Weaving Mills Thrissur TextilesLoss making
76State Farming Corporation of Kerala Ltd. Punalur Agro
77State Rural Development Board Thiruvananthapuram Development & InfrastructureUnit closed down
78Steel Complex Ltd. Kozhikode EngineeringLoss making
79Steel and Industrial Forgings Ltd Thrissur EngineeringProfit Making
80The Metal Industries Ltd. Palakkad EngineeringLoss making
81The Metropolitan Engineering Company Ltd. Thiruvananthapuram Electrical equipmentUnit closed
82 The Pharmaceutical Corporation (IM) Kerala Ltd., (Oushadhi) Thrissur Chemical industries Profit Making
83The Plantation Corporation of Kerala Ltd. Kottayam Agro based
84The Priyadarshini Co-operative Spinning Mills Ltd. Kottayam Textiles
85Tourist Resorts (Kerala) Ltd. Thiruvanathapuram Tourism
86 Astral Watches Limited, Kowdiar Thiruvananthapuram Engineering Company declared Defunct[10]
87Traco Cable Company Ltd. Kochi Electrical equipmentLoss making
88Transformers and Electricals Kerala Ltd. Ernakulam Electrical equipment Profit Making
89Tranvancore Cochin Chemicals Ltd. Kochi Chemical industriesProfit making
90Travancore Cements Ltd. Nattakom Kottayam Chemical industriesLoss making
91Travancore Plywood Industries Ltd. Punalur Wood based industryClosed down
92Travancore Sugars & Chemicals Ltd. Thiruvalla Chemical industries
93 Travancore Titanium Products Ltd. Thiruvananthapuram Chemical industriesProfit Making
94 Trivandrum Rubber Works Ltd. Thiruvananthapuram Agro basedLoss making
95Trivandrum Spinning Mills Ltd. Thiruvananthapuram TextilesClosed down
96Tourist Resorts (Kerala)Ltd. Thiruvananthapuram Infrastructure & Development
97United Electrical Industries Ltd. KollamElectrical equipmentLoss making.
98Kerala State Rural Women's Electronics Industrial Co-operative Federation Ltd-RUTRONIX ThiruvananthapuramElectronic /IT Training
99Kerala Feeds Limited ThrissurCattle FeedProfit Making

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

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
4Kerala Khadi & Village Industries Board Thiruvananthapuram Traditional industry
5 Kerala State Road Transport Corporation Thiruvananthapuram Public utilitiesLoss making
6Kerala State Warehousing Corporation Kochi Agro basedLoss making
7Kerala State Women’s Development Corporation Limited. Thiruvanathapuram Welfare
8Kerala State Wood Industries Ltd. Malappuram Wood based industryLoss making
9Oil Palm India Ltd. Kottayam Agro based
10Rehabilitation Plantations Limited PunalurLabour & Rehabilitation
11Kerala Land Development Corporation Limited Thiruvananthapuram Developmental & InfrastructureLoss making

References