The Hindu : Kerala / Thrissur News : MoU to set up IT park in Thrissur

Online edition of India's National Newspaper
Tuesday, Feb 20, 2007
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Kerala

Kerala - Thrissur

MoU to set up IT park in Thrissur

Staff Reporter

THRISSUR: A memorandum of understanding (MoU) has been signed between Kamakshy Constructions and the Kerala State Industrial Development Corporation (KSIDC) to set up an IT park in Thrissur at a cost of Rs.100 crore.

The MoU was signed at an investor meet held here on Monday by the KSIDC, the Kerala Industrial Infrastructure Development Corporation (KINFRA) and the Department of Tourism.

The KSIDC also signed MoUs with Ramu Padickal of Guruvayur Payyambalam Beach Resorts to start a Rs.10-crore beach resort at Payyambalam and a Rs.10-crore three-star hotel at Guruvayur. MoUs were signed with Rekha Bhavadas of Devaragam Resorts to set up a Rs.8-crore three-star hotel at Guruvayur; with Suresh Babu of Southern Pet Plast (India) for a Rs.1.5-crore unit to manufacture PET pre-formats, and with Christo George of Hykon India Private Limited to establish a Rs.10-crore unit for the manufacture of linear light fitting and ballast.

The KINFRA signed MoUs with A.V. George of Dortech India Private Limited to start a Rs.20-crore glass manufacturing unit, with Safarali Ismail of Doors and Indoors, Dubai, to set up a Rs.5-crore furniture-manufacturing unit, with Krishna Chaturvedi of Malabar Food Stuff to institute a Rs.1-crore spice processing unit, with P. Hariprasad of CML Biotech Private Limited to begin a Rs.60-lakh medical kit unit, with Cheriyan of Glass-N-Class to set up a Rs.60-lakh unit to make glass interior products, and with Dennis Antony of Pioneer Paper Products to launch a Rs.63-lakh unit for making paper products.

Industries Minister Elamaram Karim said that a committee would monitor the progress of the projects for which the MoUs were signed.

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