The first stage of the Achchuveli industrial zone would be ready by March this year.
According to the President of the Chamber of Commerce and Industry Yarlpanam, K. Poornachandran, the first stage would include the developing of 25 acres and a further 67 acres would be added in the second stage.
Under the first stage 40 companies would operate and the total direct and indirect employment from the project would exceed 6,000, he said.
As said by Mr. Poornachandran, several local and foreign investors have expressed interest to commence operations there.
The Palali airport which is to be elevated to an international airport and Kankasanthurai harbour are located less than 10 kilometres to the zone giving investors the opportunity for exports,” Mr. Poornachandran said.