Financial Daily from THE HINDU group of publications
Saturday, Jul 09, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Industry & Economy - Alternative Medicines


Centre grants Rs 29 crore for ayurveda cluster

Our Bureau

Thiruvananthapuram , July 8

THE Central Government has sanctioned Rs 29 crore to the Confederation for Ayurvedic Renaissance Keralam Pvt Ltd (CARe-Keralam) for setting up an ayurveda cluster in Thrissur district, says an official press release.

CARe-Keralam is a joint venture involving the Kerala Industrial Infrastructure Development Corporation (Kinfra), the Kerala State Industrial Development Corporation and a number of private sector ayurveda products manufacturers.

This public-private partnership is intended to develop a distinct Kerala brand of ayurvedic products and promote the State as a global destination for sourcing ayurvedic products. The consortium is also planning to standardise Kerala's ayurveda treatment sector, the release says.

The total investment in setting up the ayurveda cluster in Thrissur is expected to be Rs 40 crore.

The cluster, which will be located on a 10-acre plot at the Kinfra industries park in Thrissur, will have a range of common facilities including raw material sourcing services, a quality control laboratory, a documentation centre on ayurveda and research and development facilities. Sixty-two ayurveda companies in Kerala have already joined the CARe-Keralam venture.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
34 pc above normal rainfall in one week


Southwest monsoon gets active across AP
Sudden succour
EPFO proposes bar on early withdrawal of PF contributions
Dumping probe on nylon filament yarn, saccharin imports
Govt lowers foodgrains production estimates
India Inc CFOs pitch for better fuel access — Bottlenecks that impede growth will be removed: Chidambaram
Inflation increases on costlier food, energy
Key to growth lies in quality of labour: ISED
Oil exploration: Ministry to study impact on Olive Ridleys
M. Jayaraman is CBEC Chairman
US official cautions on economic cost of HIV/AIDS
New disclosure norms for oil, gas exploration cos in the pipeline
Indian crude oil basket at peak
Dabhol issue: Bechtel team heads to London for talks with Indian lenders
Trade plea for early VAT implementation
Coca-Cola welcomes move on ground water usage
Water level in Kerala reservoir increases
NSS data puts FMCG market size at Rs 89,000 crore
Education fair opens in Delhi
Gems & jewellery exports seen growing 15% this fiscal
AP HC stays VUDA housing project
HI-REF announces closing
Straight deal
India pips Russia to become most happening retail destination
`India must liberalise further to sustain growth'
AP CM seeks Israeli investments in infrastructure, telecom
Bengal strike to result in `long-term damage' to tea industry
Book on offshore services launched
Kalam to deliver inaugural address at `Mission 2007' meet
CII (east) to hold meet on retailing on July 14
Come, take Thailand home
Centre grants Rs 29 crore for ayurveda cluster


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line