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 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
| 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 | 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 & 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) | Thiruvanathapuram | 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 | Loss 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. | Thiruvanathapuram | Developmental & Infrastructure | Loss making |
| 45 | Kerala State Financial Enterprises Ltd. | Thrissur | Developmental & Infrastructure | Profit Making |
| 46 | Kerala State Handicapped Persons Welfare Corporation Ltd. | Thiruvanathapuram | Welfare | |
| 47 | Kerala State Handloom Development Corporation Ltd. | Kannur | Traditional industries | Loss making |
| 48 | Kerala State Horticultural Products Development Corporation Ltd., (Horticrop) | Thiruvanathapuram | Agro based | Loss making |
| 49 | Kerala State Housing Board | Thiruvanathapuram | Public utilities | Loss making |
| 50 | Kerala State Industrial Development Corporation Ltd. | Thiruvanathapuram | Development & Infrastructure | Profit Making |
| 51 | Kerala State Industrial Enterprises Ltd | Thiruvananthapuram | Development & Infrastructure | Profit Making |
| 52 | Kerala State Industrial Products Trading Corporation Ltd. | Thiruvanathapuram | Trading units | Loss making |
| 53 | Kerala State Maritime Development Corporation Ltd. | Kochi | Public utilities | Loss making |
| 54 | Kerala State Poultry Development Corporation Ltd. | Thiruvanathapuram | Agro based | |
| 55 | Kerala State Palmyrah Products Development and Workers Welfare Corporation Ltd., (KELPAM) | Thiruvanathapuram | 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. | Thiruvanathapuram | Textiles | Loss making |
| 59 | Kerala State Warehousing Corporation | Kochi | Agro based | Loss making |
| 60 | Kerala State Women’s Development Corporation Ltd. | Thiruvanathapuram | Welfare | |
| 61 | Kerala State Wood Industries Ltd. | Malappuram | Wood based industry | Loss making |
| 62 | Kerala Tourism Development Corporation Ltd. | Thiruvanathapuram | Tourism | Profit making |
| 63 | Kerala Urban and Rural Development Finance Corporation Ltd. | Thiruvanathapuram | Development & Infrastructure | |
| 64 | Kerala Water Authority | Thiruvanathapuram | 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 | |
| 69 | Overseas Development and Employment Promotion Consultants Ltd. | Thiruvananthapuram | Labour & Rehabilitation | |
| 70 | Rehabilitation Plantations Ltd | Punalur | Labour & Rehabilitation | |
| 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. | Thiruvanathapuram | 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 | Loss making |
| 95 | Trivandrum Spinning Mills Ltd. | Thiruvananthapuram | Textiles | Closed down |
| 96 | Tourist Resorts (Kerala)Ltd. | 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 |
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 |
| 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. | Thiruvanathapuram | Welfare | |
| 8 | Kerala State Wood Industries Ltd. | Malappuram | Wood based industry | Loss making |
| 9 | Oil Palm India Ltd. | Kottayam | Agro based | |
| 10 | Rehabilitation Plantations Limited | Punalur | Labour & Rehabilitation | |
| 11 | Kerala Land Development Corporation Limited | Thiruvananthapuram | Developmental & Infrastructure | Loss making |
References
- ↑ http://kerala.gov.in
- ↑ http://keralaindustry.org/
- ↑ http://www.keralaindustry.org/Synergising_PSU%27s.pdf
- ↑ A REVIEW OF PUBLIC ENTERPRISES IN KERALA 2004-2005, Bureau of Public Enterprises, Government of Kerala
- ↑ http://industriesministerkerala.gov.in/constituency.php
- ↑ "Kerala public sector units lack accountability: CAG".
- ↑ Restructuring public enterprises in India: privatisation and disinvestment By R. K. Mishra, B. Navin 2002.
- ↑ "A public sector revival?".
- ↑ "45 PSUs in Kerala clocked profit in 2012-13: CAG report".
- ↑ http://www.bpe.kerala.gov.in/pages/BPE%20Doc/52.pdf