INDUSTRIAL ADVANCEMENT OF AN AREA: A STUDY ON THE BASIS OF PUNALUR PAPER MILL

The social and economic development of a region very much depends upon the industrial advancement of the area. The history of the growth, development and collapse of the famous paper mill in the Punalur locality of Kollam district of Kerala state exhibits a real experience that how the development of an industry contributed for the social and economic development of a region and how the closure of the industry negatively affected thousands of poor dependents of the industry. This study tries to identify the stages of development of the industry and the reasons for its closure.