Related Keywords: clear existing legal hurdles, ensure electricity connection at unit, handed over, Kerala government mulls over, Kerala State Textiles Corporation Ltd, Komalapuram Spinning and Weaving mills, relaunch facility, reviving operations, set cut off period, tender process
Kerala government contemplating on the possibility of reviving the operations of Komalapuram Spinning and Weaving Mills, public sector company located at Komalapuram, near here. The unit which was launched as Kerala Spinners Limited a subsidiary of a private entity in 1964.
In March 2003, the company suffered losses and illegally shut down. The company was declared as a sick unit by the government in 2006. The unit was formally taken over by the government in November 2011 and handed over to the Kerala State Textiles Corporation Ltd. (KSTC)
