Mary Rubbers to set up production facility for medical gloves in Kanjirapally

Details: Category: Investments

St.Mary Rubbers Pvt Ltd an exporter of centrifuge latex is setting up an manufacturing facility in Kanjirappally near Kottayam in Kerala. The unit would produce 7 million pairs of gloves on a monthly basis and this would be expanded to 40 million pairs in 18 months. The project will entail an investment of Rs. 400 million for phase I and Rs. 1250 million for phase II. The plant will make surgical gloves and will market under the brand 'Medismart'. The company plans to export 75% of the production.