Kerala Rubber Limited (KRL), a public-private partnership (PPP) company by the Kerala government, is set to commence its preliminary operations next month.
Company officials say a Detailed Project Report (DPR) of the initiative is being reviewed by the Rubber Board to reorient its focus towards the non-tyre manufacturing sector. An office of the KRL, which comes up on a 143-acre property on the campus of the erstwhile Hindustan Newsprints Limited at Velloor, has already started functioning here.
“The initial DPR was prepared much before identifying the project area and had its focus on the heavy-industry model, especially tyre manufacturing. A revised DPR, which will follow a micro, small and medium enterprises-based model of value addition, is slated to be finalised by the first week of May,’‘ said Sheela Thomas, Chairperson and Managing Director, KRL.
