Kerala plans to set up 200-acre rubber complex
Thiruvananthapuram
12-June-2019
The Kerala government plans to set up a state-of-the-art rubber complex in the Kottayam district and has identified a 200-acre plot for it.
According to a statement by Chief Minister's office, a new company -- Kerala Rubber Limited -- has been registered, in which the state government and its agencies will hold 26 per cent share.
Chief Minister Pinarayi Vijayan on Wednesday asked the departments concerned to speed up land acquisition.
The new company will prepare rubber products. The state government will provide all the infrastructure required for the complex.
Rubber is the main cash crop of Kerala. IANS
More Headlines
After Six Years of Profitable Bootstrapping, Medulance Raises Rs 25 Crore to Expand Nationally
IIM Grad and First-Generation Entrepreneur Anish Popli's ProcMart Secures Rs 250 Crore in Series B Funding
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs
After Six Years of Profitable Bootstrapping, Medulance Raises Rs 25 Crore to Expand Nationally
IIM Grad and First-Generation Entrepreneur Anish Popli's ProcMart Secures Rs 250 Crore in Series B Funding
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs