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Private Sector | Kerala - India | PID: 203497
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Keltron Component Complex (KCCL) has set up India’s first super-capacitor production facility at Kannur, Kerala. Chief Minister Pinarayi Vijayan inaugurated the facility. The first phase of the Rs 42-crore project has been completed at a cost of Rs 18 crore spent towards dry rooms and production facilities with a daily yield of 2,100 capacitors. The project is being implemented in collaboration with the Indian Space Research Organisation (ISRO).
The government has proposed to make an additional investment of Rs 1,000 crore with the objective of making Kerala a hub of electronic equipment manufacturing, as stated by the CM. The state government's Rs 395 crore master plan will help modernise Keltron and also implement a scheme to make the Karakulam unit of the company a part of power electronics products manufacturing. Industries which can be benefitted include transportation, consumer electronics, RE, defence equipment,and others.
Moreover, it has been decided to set up an IT corridor connecting national highways and plans are also there to set up electronics hardware manufacturing facility at Amballur in Ernakulam, the Chief Minister further informed. An electronic components ecosystem will be formed to support existing electronics manufacturing companies.
Once fully operational, super-capacitor production facility is expected to generate an annual turnover of Rs 22 crore. The initiative positions KCCL as a leading manufacturer in the global electronics component industry.
| Updated on: 09 - Oct - 2024
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