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Leading business group announces Rs 870 cr investment in Kerala's Balussery
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....eading business group announces Rs 870 cr investment in Kerala's Balussery<BR>PTI News<BR>Dated:- 11-10-2025<BR>PTI<BR>Kozhikode (Kerala), Oct 11 (PTI) Leading business group Unibound Catalyst Pvt Ltd....
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.... has announced a major integrated project involving an investment of Rs 870 crores in education and tourism sectors in Balussery in this northern district of Kerala. The company has already submitted....
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.... the Detailed Project Report (DPR) to the government and the application for single-window clearance, the Kerala State Industrial Development Corporation Limited (KSIDC) said in a statement here on Sa....
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....turday. Welcoming the proposal, Industries Minister P Rajeev said the government would extend all support to the business group for implementing the project. "This major investment proposal reflects....
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.... on the highly conducive industrial ecosystem prevailing in the state. Also, this is a project that aligns well with the Environmental Social and Governance (ESG) policy of the government," Rajeev sai....
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....d. The project, coming up at a 96-acre site at Kottoor village near Balussery here, will have a sports integrated education park, amusement park, aligned with the programmes of the national universit....
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....ies and wellness hub. The project is expected to generate 2,000 direct jobs, the statement said. "We propose to start the work on the project immediately," company directors Sundheep V Elias and M P....
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.... Suhail Gafoor added in the statement. PTI LGK ADB<BR> News - Press release - PIB....