Rubber Park India plans expansion, gives Rs20 million as dividend

Rubber Park India Pvt Ltd handed over an amount of Rs 20 million to the Rubber Board, India, as dividend. Dr. K.N. Raghavan, Executive Director, Rubber Board, received the cheque for the amount from J. Krishnakumar, Managing Director, Rubber Park India, at a function held at Kottayam.

Rubber Park India, formed with an objective of promoting rubber based industries, is a joint venture of the Rubber Board and KINFRA (Kerala Industrial Infrastructure Development Corporation).
Rubber Park functions in an area of 107 acres at Irapuram near Moovattupuzha, Kerala. The Park is facilitated with a single window system for the easiness of starting rubber based industry. The other requirements like land, road, water source, electricity, effluent treatment system, product testing etc. are also available here.
Fortytwo rubber industrial units are functioning in the Rubber Park and 10 more industrial units are expected to be started in the park shortly. The Park provides more than 2,000 employment opportunities. Rubber Park India is now in an attempt to develop another 20 acres of land at Piravanthur near Pathanapuram. About 20 units can function here.

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