Tag: waterscapes kumarakom
KTDC to have multifaceted development programs
In order to overcome the increasing competition from the private sector, KTDC has decided to have a face-lift. Last year the profit of KTDC disclosed a decrease than the previous year. It has reduced from 5.82 to 3.52 crores. Closing of 29 out of 40 beer parlours, establishment of GST and maintenance works in some of the KTDC owned buildings were the reasons for the decline in the profit, as explained by the authorities. KTDC will start new resorts in Muzhappilangad, Kannur and in Calicut Beach. Property has already been acquired for the purpose. “The foundation stone for the ... Read more