KOCHI: The Union Government has sanctioned Rs. 3.15 crore towards the cost of setting up a plastic cluster in Aluva, the total capital investment for which is Rs. 4.6 crore. Government of Kerala has sanctioned Rs. 92 lakh while Rs. 53 lakh will be contributed by the members of the proposed plastic cluster.
Work on the building for the Common Facility Centre (CFC) for the cluster is progressing fast and the tender procedures for procuring the plant and machinery will be completed by March 6. The consortium members have already bought 75 cents of land in the Industrial Area for the purpose of setting up the CFC.
The Perumbavoor plywood consortium has been sanctioned Rs. 2.35 crore, while the total cost of setting up the cluster is Rs. 3.36 crore. The Government of Kerala is expected to sanction Rs. 67.23 lakh while the members of the consortium will contribute Rs. 33.62 lakh. The consortium plans to set up a glue-making unit for which one acre of land has been purchased in the Angamaly industrial area. The tender procedures for procuring the plant and machinery are expected to be completed soon.
The Kalady Rice Mills Consortium will require a total investment of Rs. 6.45 crore. The Government of India has sanctioned Rs. 4.27 crore while the State Government is expected to sanction Rs. 1.47 crore. The consortium members will contribute Rs. 70.40 crore. A total of 92 cents of land had been acquired for the purpose of setting up the unit in Angamaly. Work on the building for the purpose is expected to get under way soon.