China co to assemble electric scooter at INKEL, Angamaly

A Chinese electric scooter manufacturer will start an assembling unit in the Angamaly campus of Infrastructures Kerala Ltd (INKEL), said its MD T Balakrishnan.

"Semi knocked-down kits, imported from China, will be assembled at the Standard Design Modules (SDM) of INKEL at Angamaly," he said to reporters in Kochi on Thursday.

INKEL, a pubic-private-partnership, has constructed a five-storied building with 2.2 lakh sq ft of built-up area, ready to be occupied. The campus is located adjacent to the TELK-NTPC campus. "We are looking for non-polluting industries to start operations at SDM and we have got four companies planning to occupy modules, which includes a food processing company too," Balakrishnan said.

"The site is 1 km from the Angamaly railway station, 6 km from the Cochin International Airport and 35kms from the Vallarpadam International Container Trans-shipment Terminal. The facility is located right on the fast developing Kochi-Trissur investment corridor," Balakrishnan said.

"The limited number of modules constructed at SDM Angamaly, provides an excellent opportunity to invest in a hassle free commercial property as an investment. The facility is offered to the investors at an attractive long term lease and on monthly rental rates. The lease rate and as well as the monthly rental rates varies from floor to floor. The present rates range from Rs 1,550 per sq ft to Rs 1725 per sq ft for 30 years long lease and Rs 16 to Rs 19 per sq ft for monthly rentals," INKEL officials said.