PSUs in Kerala register Rs 3,149 crore turnover
By Express News Service
THIRUVANANTHAPURAM: Inspite of the Covid scenario, the general public sector models within the state have been in a position to make revenue. The 15 PSUs below the Industries Department has registered a turnover of Rs 3,149 crore in the course of the 2019-20 monetary yr. The Kerala State Drugs and Pharmaceuticals Ltd at Kalavoor achieved a report revenue of Rs 7.13 crore in 2019-20 with a turnover of Rs 100 crore.
The firm centered on the manufacture of sanitisers and performed an important function in preserving the worth of sanitisers low by means of their market intervention. The Travancore Titanium Products Ltd too was concerned in manufacturing of low-cost hand sanitisers. Kerala Minerals and Metals Limited in Chavara made a long-term plan for modernisation.
The Kerala State Electronics Development Corporation (Keltron) is becoming a member of arms within the Smart City tasks at Kochi, Nagpur and Chennai. Malabar Cements registered a web revenue of Rs 1.2 crore with an working revenue of Rs 6 crore. Two mills and 4 cooperative spinning mills below the Kerala State Textile Corporation (KSTC) made working revenue. Autocast, which was on the verge of closure, is now making new positive factors.
The Travancore Cochin Chemicals made a revenue of Rs 55.87 crore in 2019-20. Kerala Neem G Electric Auto from the Kerala Automobile Ltd is gaining reputation out there. The PSUs have additionally participated within the Subhiksha Keralam in the course of the pandemic.
“There are 259.53 acres of cultivable land in 42 establishments and out of this, 150.325 acres were cultivated. The income from agriculture is more than `5 lakh in the 21 institutions that carried out the harvest,” stated an of ficial assertion.
