Financial Incentives:

The Park nurtures a high profit environment by extending a host of incentives.  These include:

  • Capital Subsidy upto 25% of the Fixed Capital Investment (FCI) with a ceiling of Rs.2.5 million.

  • Margin money (Soft Loan) of Rs. 0.50 million.

  • Subsidy upto 15% of the cost of the installation with a ceiling of Rs.0.5 million for DG sets for captive consumption.

  • Project finance from institutions like the Kerala Financial Corporation and Kerala State Industrial Development Coporation.

  • Nationalized banks,New generation banks are having offices in the locality.

Manpower

Human Resourses:The experts from the industry are of the opinion that women workforce from Kerala are highly skilled, productive, disciplined, quality conscious and with the shortest learning curve.

This has been proved by the garment manufacturing units in and outside the Park.To train the new recruits and also for orientation training of the existiong work force ,a fully equipped training centre is being set up in Apparel Park.Government of India decided to set up an Apparel Training and Design Centre in Apparel Park. Proposed Fashion Institute will offer professionals in the field. Presently trained manpower is available.

The wage structure in the State is well comparable with other parts of the Country. The State Government have notified minimum wages for Garment Sector.