Kerala budgets ₹10 cr for Kochi-Thrissur gold corridor; Kalyan Jewellers backs hub plan
Kerala's budget allocates ₹10 crore to develop the Kochi-Thrissur belt as a dedicated gold jewellery manufacturing corridor and global gold exchange hub. Kalyan Jewellers and the Kerala Gold and Silver Merchants' Association have welcomed the move, expecting it to revive local artisan ecosystems and bring back manufacturers that migrated to other states.
What happened
Kalyan Jewellers · Kerala budget allocates ₹10 crore to develop Kochi-Thrissur belt as a dedicated gold jewellery manufacturing corridor and global gold
Key facts
- ₹10 crore
Why this matters
Scout artisan clusters and small manufacturers in the Kochi-Thrissur corridor for bolt-on acquisitions or JV anchors before incumbents lock up the revived ecosystem.