KOCHI: Industries Minister A C Moideen said KITCO had played a crucial role in the infrastructure development in the state.He was speaking after inaugurating the 45th anniversary celebration of KITCO and the launch of its MSME Handholding Services. The minister said the micro, small and medium enterprises (MSME) sector could play a major role in state’s industrial development.“The sector can generate massive employment opportunities and immensely contribute to the industrial development of the state. The government has been giving utmost importance for the development of industrial infrastructure,” Moideen said.
KITCO, which has been offering services to major corporate firms till now, has launched the new programme with the aim to uplift MSMEs and increase their contribution to the economy. It will extend all support to the MSMEs to emerge successful. Under the programme, KITCO will provide technological assistance to MSMEs to enable them to become successful in the highly competitive market.
Established in 1972 as a technical consultancy organisation, KITCO has successfully implemented more than 600 projects across various sectors such as aviation, real estate, tourism, roads and bridges, oil and gas and industrial parks. KITCO’s clientele includes leading public sector institutions such as the Airports Authority of India, Air India, NHAI, HPCL, BPCL, Mumbai Port and the Maharashtra Maritime Board.
Airports Economic Regulatory Authority of India (AERA) chairman S Machendranathan launched the corporate video of KITCO on the occasion. KITCO chairman Rakesh Rewari, Additional Chief Secretary Paul Antony, HPCL former CMD Arun Balakrishnan, Road, and Bridges Development Corporation of Kerala managing director Asha Thomas, KITCO MD Cyriac Davies spoke.
Former Cusat VC M V Pylee was honoured at the function.