Amendments made to industrial land allotment regulations in Keralam

Amendments made to industrial land allotment regulations in Keralam

The state government has revised industrial land allotment rules to allow subleasing of industrial park and estate sites for up to ten years, provided specific conditions are met. After the initial term, any renewal must receive fresh written approval from KINFRA or KSIDC, the agencies responsible for land allocation. The changes aim to improve the use of industrial assets.