Kerala Industries Department is taking the lead in bringing in an investment of nearly Rs 600 crore to Kochi by initiating a discussion with Kolkata-based Swara Baby Products Private Limited which is into manufacturing of sanitary pads and diapers.
A team of officials of the industries department led by Minister P Rajeev held discussions with the company Chief Executive Officer (CEO) Alok Birla for setting up a manufacturing unit of the company in Kochi at a cost of Rs 600 crore. “Swara Baby Products has evinced interest in setting up a facility in Kochi which require an investment upto Rs 600 crore. As super absorbent polymers are the main raw material for making diapers and napkins, they want a steady supply of acrylic acid from BPCL unit for manufacturing it. A senior team of officials has been tasked to provide all necessary support to the company,” Rajeev wrote in a FB post.
Swara Baby Products is one of India’s leading manufacturers of hygiene products including diapers.
To attract more investments to the state from major companies operating in other states, Kerala industries department has been conducting one-to-one discussion with the companies in the last couple of months. The government has also set a target of making Kerala one of the most sought after investment destinations for the companies in the country in the next one year.
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