Kerala Secures ₹1.5 Lakh Crore Investments at Global Summit
The Invest Kerala Global Summit highlighted the state's investor-friendly reforms and drew commitments across key sectors from global and domestic stakeholders.
- The two-day Invest Kerala Global Summit in Kochi concluded with ₹1.5 lakh crore in investment commitments from domestic and international participants.
- Over 3,000 delegates from 27 countries, including France, Germany, and the UAE, attended the summit, which focused on sectors like AI, tourism, logistics, and biotech.
- Key announcements included ₹30,000 crore investment plans from the Adani Group and a ₹50,000 crore road infrastructure push unveiled by Union Minister Nitin Gadkari.
- Chief Minister Pinarayi Vijayan emphasized the state's strides in simplifying procedures, ensuring ease of doing business, and creating a conducive environment for investors.
- The summit showcased Kerala's potential as an industrial and innovation hub, with initiatives like the Vizhinjam transshipment port and expanded support for startups and MSMEs.