The Republic of Suriname will be setting up an exclusive furniture design corridor in Hyderabad to export furniture to Latin American countries.
The furniture design corridor, second in India to be set up after a similar on in Kolar, will be up and running in the next six months and the Latin American country is working along with the National Institute of Design, Government of India for collaboration, Asif lqbal, Honorary Consul of Republic of Suriname (for AP, TS and Karnataka) told newspersons here on Friday.
He was addressing a press conference to announce the opening of a honorary consulate office of Suriname in Hyderabad.
Explaining the rationale behind locating the design centre in Hyderabad, he said the South American country was home to 36 rare varieties of timber including beach timber which is collected from under the sea.
“The local teak is so expensive that it makes a business proposition to design and manufacture furniture here with Suriname timber and export it,’’ he said.
While local teak costs ₹2,800 per cubic feet, the imported Suriname teak will cost ₹700 only, he claimed. The proposed corridor will have about 170 craftsmen to begin with, he added.
The furniture corridor, which is being set up in Kolar, will be ready in the next three months. “In addition, we are also planning a food processing corridor in Kurnool in Andhra Pradesh,’’ Iqbal added.
Suriname is also interested in forging collaboration with infrastructural companies and film-makers, among others, he added.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.