Kerala to offer incentives to vaccine units
The Hindu
Reputed firms to be invited to set up units at Life Sciences Park
The government will offer attractive incentives, including long-term loans, subsidised power and water supply, single window clearance and fast track approval within 30 days, to industrial units willing to launch vaccine- manufacturing enterprises inside the Life Sciences Park at Thonnackal here. The Cabinet meeting on Wednesday decided to offer special packages to anchor industries for starting vaccine-manufacturing units and to allow lease on land for 60 years with 50% subsidy on lease premium. Stamp duty and registration duty would be avoided for the lease agreement executed with the Kerala State Industrial Development Corporation.
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