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The Hindu
The Hindu
National
Special Correspondent

MoU inked to set up dairy project and logistics unit

KSIDC

The Kerala State Industrial Development Corporation (KSIDC) has signed a memorandum of understanding with the Muralya Dairy Products (P) Ltd for setting up a dairy project and logistics unit in Ernakulam district.

The MoU was signed by M.G. Rajamanickam, managing director, KSIDC, and K. Muraleedharan, chairman and managing director, Muralya Dairy Products, in the presence of Chief Minister Pinarayi Vijayan and Industries Minister P. Rajeeve.

Muralya Dairy Products is an arm of the UAE-based SFC group, and the new project is its second unit in the State. The proposed project is being set up at a cost of ₹100 crore to cater to the demand of Central and north Kerala regions. The project will come up on 4.60 acres of leased land in KSIDC’s industrial area at Angamaly. It is expected to commence commercial operations in two to three years, and generate employment for at least 5,200 persons including roughly 300 direct jobs.

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