State to launch company to promote rubber products

Kerala produces more than 80 per cent of the total natural rubber in the country

The Kerala government is planning to launch a company based on the public-private partnership (PPP) model to spur production of value-added rubber products as well as for marketing. The new company will be on the lines of Cochin International Airport Ltd (CIAL), where the government has a minority stake (35 per cent in case of CIAL). Preliminary works are on to float it by next month, according to state government officials.
 
State minister for industries, sports and youth affairs AC Moideen said that chief minister Pinarayi Vijayan, ministers of related departments and senior officials held a meeting on June