With an investment of Rs 1.25 billion, the Kerala Cabinet has decided to establish eight new public sector units (PSUs) in the state, by the end of this year and this will include different kinds of sectors such as textile, cables and soaps.rnMore so, the cabinet has also announced that, both the Malabar Spinning and Weaving Mills and Trivandrum Spinning Mills will be expanded and developed with state-of-the-art technologies at the cost of Rs 1 billion.
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