 Online edition of India's National Newspaper Tuesday, Aug 26, 2008 ePaper | Mobile/PDA Version |
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Kerala
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Thiruvananthapuram
Deal sealed: Former Indian cricket team captain Kapil Dev with Industries Minister Elamaram Karim after an MoU was signed between SIDCO and SRMB Udyog Ltd. in the city on Monday. THIRUVANANTHAPURAM: The Kerala Small Industries Development Corporation (SIDCO), a public sector unit which provides infrastructure facilities and marketing support for small industrial units in the State, has signed a memorandum of understanding with SRMB Udyog Limited, a Rs. 450-crore TMT bar manufacturing company, for marketing its products in the State. Former Indian cricket captain Kapil Dev attended the ceremony here on Monday as this West Bengal-based company’s brand ambassador. As per the MoU, corrosion-free TMT bars for concrete reinforcement manufactured by SRMB Udyog would be marketed through 140 outlets of SIDCO across Kerala. The company’s Senior Vice President M.M. Abraham said it hoped to achieve a turnover of Rs.150 crore in Kerala in the next 12 months, ensuring for the State government of revenue of at least Rs.60 lakh.
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