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Kochi, May 24

Pala Marketing Co-operative Society, engaged in rubber trade, plans to invest Rs 15 crore over the next two years in expanding its block rubber factory and setting up an inter-mix unit. Pala Marketing has chalked out this major expansion after it notched up a record net profit of Rs 4.25 crore in 2005-06. Turnover in the fiscal rose to Rs 150 crore. It traded 22,000 tonnes of natural rubber during the year and exported 6,500 tonnes.

More Stories on : Rubber | Co-operatives | Kerala

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