Kerala declares readiness for the world as Invest Kerala Global Summit kicks off
Kerala Rolls Out Red Carpet for Global Investors as Flagship Summit Begins
With the ceremonial lighting of the traditional lamp, Kerala today announced its arrival on the global investment stage as the three-day *Invest Kerala Global Summit* commenced in grand style at the state capital. The event, touted as the state's most ambitious business outreach, has drawn delegates from 43 countries, signaling Kerala's transformation from a consumer economy to an investment destination.
Chief Minister Pinarayi Vijayan, in his inaugural address, showcased Kerala's unique proposition - "Where Sustainability Meets Profitability." The state government unveiled a curated portfolio of 156 projects across sunrise sectors including green hydrogen, aerospace parks, medtech cities, and AI-driven logistics hubs, cumulatively worth ₹1.42 lakh crore.
"Kerala offers what global capital increasingly seeks - political stability, 100% literacy, robust digital infrastructure, and a carbon-neutral development roadmap," asserted Industries Minister P. Rajeeve, highlighting the state's jump to 15th position in the National Ease of Doing Business rankings. The summit's showstopper was the live demonstration of the Kochi-Bengaluru Industrial Corridor's drone delivery network, showcasing Kerala's tech readiness.
Global interest was palpable as Finnish clean energy major Fortum signed an MoU for a ₹2,100 crore offshore wind project, while Dubai-based DP World committed to expanding its Vizhinjam port operations. "Kerala's skilled workforce and renewable energy capacity align perfectly with our ESG goals," remarked Fortum's Nordic Director Erik Solheim.
The summit features an unusual "Kerala Experience" segment where delegates are touring actual project sites via electric water taxis and bamboo glamping resorts - a nod to the state's responsible tourism model. With pre-summit business matching having already generated ₹38,000 crore in Expressions of Interest, Kerala appears poised to shed its remittance-dependent image and embrace its new role as India's sustainability laboratory.
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