Kochi, June 14: A project worth USD 500,000 was inaugurated and foundation stones of two other projects were laid at the Kinfra Export Promotion Park in nearby Kakkanad today. Kerala industries minister P K Kunhalikutty inaugurated A&B Toolers, a cent per cent export-oriented commercial tool room.

The project will employ 40 technicians, company's managing partner, Neeraj Balan, said. The project had been showcased at the global investors meet here.

All the three projects are promoted by NRIs.
The minister also laid the foundation stones of Zeba Lab Furniture Ltd and Bash-P International. While the Rs 1.20 crore Zeba Lab will manufacture modern laboratory furniture, the Rs 3 crore Bash-P International, a 100 per cent EOU, will manufacture loose lifting gears used in marine, lifting, oil and gas industries. Bureau Report