MoUs signed for first Chinese investment in Kerala

Trivandrum: Kottayam based rubber products manufacturer, TJP Group, has signed Memoranda of Understanding (MoUs) with China’s Jingdong Rubber Company for two joint ventures (JV), signalling the first Chinese investment in Kerala. The tie-up provides a massive fillip to the State as it gets ready to host the high-profile Emerging Kerala 2012 Global Connect with the aim of pitching itself worldwide as a business hub and preferred investment destination.

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