About us

To enhance the Value of Public Sector Undertakings (PSUs) in Industrial, Welfare and Traditional Sectors and increase the Return on Investment

Implement Corporate Strategic Plans based on health classification of PSUs and make them accountable to the Government through MoUs / Performance Contracts by 2023.
Enhance the Beneficiary coverage of PSUs in the Welfare and Traditional Sectors by 2024.
Increase the Turnover of PSUs and make all PSUs profitable by 2025.

Appraisal of Projects of PSUs and placing before Working Groups for budgetary support
Facilitate release of budgetary funds and monitor plan progress
Provide support for Master Plan project implementation through a specialized team
Monitoring implementation of projects using PMS and 100 days programme portal
Implementation of Technical Assistance programmes (carried out programmes with UNDP, RNE and COMSEC)
Managed Kerala Industrial Revitalization Fund
Monthly Performance Monitoring
Monitor Audit Completion
Capacity building of Board Members and Senior Management in Corporate Governance
Training for various levels in PSUs
Work related to utilisation of excess land in PSUs for creation of SMEs in collaboration with DI&C
Carryout enquiries and fact-finding audits as required by the Government
Works related to take-over of PSUs
Introduction of MoU System in PSUs
Institution of awards to Best Performing PSUs, MDs, Officers, Employees and Reports in Print & Visual media
Industry-Academia linkages for R&D and Performance Management
Broad-based implementation of ERP in collaboration with Digital University, Kerala
Develop e-Commerce Platform for Traditional Sector Industries in collaboration with Digital University, Kerala

Identify new Mineral deposits, carry out mining, and engage in Processing, Production and Marketing of Products related to Chemical and Cement sectors using Main land and Sea Port based infrastructure.
Manufacture engineering assemblies and implement a combination of Projects &Technical Services for Engineering, Power and Transport sectors.
Formulate, develop, manufacture and sell Drugs and Pharmaceutical products.
Manufacture Heavy Electrical Equipment required for Power Generation, Transmission and Distribution.
Construct Heavy Civil Structures for Power Projects, Bridges and Ports.
Effectively manage enterprises for spinning, weaving and garment making for manufacturing yarn, cloth and processed fabrics.
Promote Electronic Industries in Kerala for manufacturing diverse products needed for Defence, Space and Telecom Industry.
Restructure and ensure viable operations of Handloom, Handicraft, Bamboo and allied sectors.
Provide Technical and Supply-Chain Management support for growth and sustenance of MSMEs.