Kerala State Industrial Development Corporation (KSIDC) has revived the process of land acquisition for the Amballoor electronic park project. KSIDC has requested the state government to release at least 50 per cent of the project cost so that the required land could be acquired at the earliest.
The Rs 600 crore Electronics Park project aims at promoting manufacturing and assembling of electronic hardware. It would also house a Research and Development (R&D) unit. After years delay the state government has finally decided to acquire 100 acre of land for the project on the model it adopted for the Kochi Metro case.
More Project Info: Electronic Park (Amballur)