Rubber Park India Gives Dividend of Rs. 2 crore to KINFRA
Kochi: Rubber Park India Private Limited at Irapuram near Kochi has handed over an amount of Rs. 2 crore to the KINFRA as dividend. Rubber Park India Private Limited is a joint venture of the Rubber Board and KINFRA. Rubber Park is formed with an objective of promoting rubber-based industries.
Wg. Cdr. K A Santhosh Kumar, Managing Director, KINFRA received the cheque worth Rs. 2 crore from J Krishnakumar, Managing Director, Rubber Park India at a function held at the KINFRA head office in Thiruvananthapuram recently. Dr. T Unnikrishnan, GM (Projects), KINFRA; G Sunil, GM (P & BD), KINFRA; K N Srikumar, Sr. Media Advisor, KINFRA; Saji Joseph, Deputy Manager (Finance), KINFRA were also present on the occasion.
Rubber Park India functions in an area of 107 acres. The Rubber Park is facilitated with a single-window system for ease of starting rubber-based industries. The other requirements like land, road connectivity, water and electricity supply facilities, effluent treatment system, product testing centre etc. are available here. Rubber Park India was formed in the year 2000 with a contribution of Rs. 2 crore each from the Rubber Board and KINFRA as working capital. Forty-two rubber industrial units are currently functioning at the Rubber Park while 10 more industrial units are expected to be established soon.
The Park provides more than 2000 job opportunities. It also gives importance to the social development of the surrounding areas. Rubber Park India is developing another Park in 20 acres of land at Piravanthur near Pathanapuram. It is expected that around 20 units can function there once the facility is developed.