In line with a plan by the State government to make Kerala a latex hub by 2030, Industries Minister P. Rajeeve here on Monday laid the foundation stone for Kerala Rubber Limited (KRL), a public-private partnership (PPP) company by the Kerala government.
Addressing the function, the Minister said the government was moving ahead with the company and its activities with the support of farmers, entrepreneurs, and union representatives, in the rubber sector.
“Technical assistance will be provided to farmers for producing quality rubber and general facilities for entrepreneurs to manufacture value-added products. The government will also take steps to provide rubber testing, academic linkage, and support of the financial institutions to the entrepreneurs,” he said.