Kerala cabinet nod for 8 new PSUs

An amount of Rs 25 crore would be invested for expansion of existing PSUs

PTI | April 28, 2010



Kerala cabinet decided last week to set up eight new public sector units at a total investment of Rs 125 crore in the state in tune with the LDF government's policy of strengthening the public sector.

Small Industries Development Corporation (SIDCO), KELTRON, United Electrical Limited, Kerala State Textile Corporation and Traco Cables would implement the projects, chief minister V S Achuthanandan told reporters here.

He also said expansion and modernisation of Malabar Spinning and Weaving Mills, Trivandruam Spinning Mills and Kerala Soaps would be taken up at a total outlay of Rs.100 crore. The resources of Kerala Metals and Minerals Ltd would be utilised for the expansion.

According to Industries Department, the new PSUs would be commissinoed by Decemebr 31, 2010.

The new projects include setting up a new machining shop in the premises of Metal Industries Ltd at Shornur at a cost of Rs 12 crores by the Steel Industries and Forging Ltd, department officials said.

United Electricals would start a LCD metre factory at Kuzhalmanatham near Palakkad with an investment of Rs five crores while two tool rooms would be set up by SIDCO at Kozhikode and by Keltron at Kuttipuram at an investment of Rs 12 crores each, considering the demand in the specialised engineering works.

A new unit of Traco Cable Company to manufacture house wiring cale would be started at Thalassery with an investment of Rs 12 crore. A Rs 20 crore Hi-Tech Weaving Factory at Kanur and a Rs 16 crore Textile Mill at Kasargod would be set up, the official said.

A programme to modernise and reopen the closed Komalapuram Mills has also been taken up by the government at a cost of Rs 36 crore.

Besides this, an amount of Rs 25 crore would be invested for expansion of existing PUs, including modernisation of KMML, it was stated.

Comments

 

Other News

Shri Avanish Kumar Mishra (ISS, 2000) appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances.

 Shri Avanish Kumar Mishra (ISS: 2000) has been appointed as Joint Secretary, Department of Administrative Reforms & Public Grievances (DARPG), Government of India. The appointment, approved by the Appointments

Millets are thriving. Are millet farmers?

The story of millets is nothing short of extraordinary. Once seen as the food of the poor and downtrodden, they are now seen as the food of the health conscious and the elite. Today, these nutri-cereals occupy prominent shelves in premium supermarkets, feature on the menus of gourmet restaurants, and are e

More judges will not fix courts without better court work practices

A vacant courtroom cannot decide a case. Neither can a poorly managed courtroom simply decide twice as many cases after receiving an additional judge. Judicial capacity and court productivity are related, but they are not the same. The distinction matters because India’s district and subord

Dharmendra Pradhan tenders resignation

Dharmendra Pradhan, education minister at the centre of the storm of the NEET paper leak, offered his resignation to the prime minister on Saturday.   He posted a two-page letter on X, saying he was pained by the events of the last ten days. "This is not a matter of personal

Cabinet approves scheme of chemical parks

The union cabinet chaired by the PM has approved Bharat Audyogik Vikas Yojana Rasayan or BHAVYA - Rasayan Scheme for establishing three dedicated Chemical Parks in the country. The Scheme was announced in the Union Budget of FY 2026–27.   The Scheme will have a total financ

Anurag Jain, IAS appointed as Chief Executive Officer, NITI Aayog

 Anurag Jain, a 1989-batch IAS officer of the Madhya Pradesh cadre, has been appointed as the Chief Executive Officer (CEO) of NITI Aayog for a two-year term after serving as the Chief Secretary of Madhya Pradesh. A distinguished administrator with extensive experience in infrastructure, industrial de

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter