Rubber Park India gives dividend of 2 crores to Rubber Board
Our Board
Agartala, April 30, 2019: Rubber Park India private limited handed over an amount of rupees two crores to the Rubber Board as dividend. Rubber Park India private limited is a joint venture of the Rubber Board and KINFRA (Kerala Industrial Infrastructure Development Corporation). Rubber Park is formed with an objective of promoting rubber based industries.
Dr. K.N. Raghavan, Executive Director, Rubber Board received the cheque worth Rs. 2 crores from J. Krishnakumar, Managing Director, Rubber Park India in a function held at Kottayam, today. Smt. P. Sudha (Secretary-in charge, Rubber Board), K.C. Surendran (Finance Director-in charge, Rubber Board) and Shaji Abraham (Deputy Director- Engineering, Rubber Board & Board Member, KINFRA) were present on the occasion.
Rubber Park India functions in an area of 107 acres at Irapuram near Moovattupuzha. The Rubber Park is facilitated with a single window system for the easiness of starting rubber based industry. The other requirements like land, road, water source, electricity, effluent treatment system, product testing etc. are also available here.
The Rubber Park India was formed in the year 2000 with a contribution of 2 crores each from the Board and KINFRA as working capital. 42 rubber industrial units are functioning in the Rubber Park and 10 more industrial units are expected to be started in the park shortly.