INDUSTRIAL VISIT FOR UG BEGINNERS OF DON BOSCO COLLEGE MANNUTHY
Location: Sidco Industry Estate-ollur ,Thrissur
Focus: Small Industries Development Cooperation.
The Industrial visit for bridge course students of Management and Commerce department in Don bosco college mannuthy was conducted on 26 June 2024 at the Sidco Industry Estate in Ollur, Thrissur.A class was conducted Focusing on the operations and initiatives of small industries by Chairman Sidko,under the occupancy of Ms.Madhumitha P Joseph, Mr. Rinto Antony, delegate faculties of Don Bosco , Ms. Savitha V.N ( HOD Management department ) and Ms.veena Babu.K (HOD Commerce Department).
Chairman shared the journey of Sidco, established in 1975 as the Kerala Small Industry Cooperation, underwent significant amendments in 2014 when it evolved into the Kerala Economic Promotion Cooperation. The headquarter of organization is situated in Trivandrum, emphasizing government cooperation to provide tax benefits and income tax rehabilitation relevance to small industries.
The estate comprises approximately 6 to 7 companies specializing solely in production, with no warehouse or storage capabilities. This setup promotes product disintegration through training and trading initiatives.
Access to the estate requires an entry pass, facilitating controlled access to the premises. The conference hall serves as the venue for meeting and industry-related gatherings.The visit detailed the procedures involved in buying and selling companies or industrial units within the estate, highlighting regulatory frameworks and compliance requirements.
The Industrial visit provided valuable insights into the operational dynamics of small industries within the Sidco Industry Estate. Students gained practical knowledge about production-focused setups, product diversification strategies, and the supportive role of government initiatives in promoting economic growth through small-scale industries.
Reported by BIYA BABU DON BOSCO-MANNUTHY
