Kerala Budget: Intel, Keltron to start JV; Rs 400 bn allocated for project

The state is also laying an emphasis on cancer care and will ensure presence of oncology departments in all medical colleges

The Kerala government has announced an electronics and hardware mission to develop industry in the state. The first project will be a collaboration between Intel and state-owned electronics manufacturer Keltron. The budget has allocated Rs 400 million for this project and allocated Rs 800 million for the Start Up Mission.

Further, sixteen out of 40 public sector undertakings have seen a turnaround. Kerala State Drugs and Pharmaceuticals, which has been on the verge of closure, will be profitable this year. The government will start cancer drug production and sell it under the brand Kerala Generics. During 2018-19, medicines produced in the