Thiruvananthapuram: The two-day Invest Kerala Global Summit concluded on Saturday evening with Industries Minister P Rajeev announcing that the state received over Rs 1.5 lakh crore businesses — most of them in the form of firm commitments.
Addressing the concluding session of the summit, he said the meeting marks the beginning of building a ‘United Kerala’ for attracting investments. The summit was attended by about 3000 delegates from India and abroad.
He also noted that not only the state government and the Congress-led Opposition but the BJP-led Centre came together on one platform to turn Kerala into an investment-friendly state. He was obviously referring to the presence of Union ministers and senior Opposition leaders at the two-day meet.
Rajeeve said Kerala is striving to become a hub for a new type of industrial revolution. Kerala has always been a front-runner in establishing a thriving ecosystem for businesses to flourish and the world is beginning to realise the potential the state holds in terms of investment.
In his address, Union Minister George Kurian said the Centre is fully committed to providing all assistance to Kerala in attracting investment. He said Prime Minister Narendra Modi has a very clear vision that the progress of states is essential for making India a developed nation by 2047. ”Our government is fully committed to promoting cooperative federalism,” he added.
As many as 27 countries, including France, Germany, Australia, South Korea and Vietnam participated in the summit. Ministers from the UAE and Bahrain were also present. UAE proposes to host an ”Invest Kerala” meet in July 2026, Rajeev announced.
France, which was a major participant at the summit, said the innovation-driven growing Indo-French partnership offers a unique opportunity to Kerala to promote trade and economic ties with France in different areas.
