Kerala's Investment Surge: Over Rs 1.53 Lakh Crore in EoIs

Kerala has attracted Expressions of Interest (EoIs) for investments exceeding Rs 1.53 lakh crore during a two-day investor summit. Over 370 companies submitted EoIs, marking a new phase in transforming Kerala into an investment-friendly state. A fast-track mechanism is in place to follow up on these proposals.

The recent investor summit in Kerala concluded with a significant outcome, garnering Expressions of Interest (EoIs) for investments totaling over Rs 1.53 lakh crore. This marks a pivotal step towards transforming Kerala into an investment-friendly destination.

Industries Minister P Rajeeve emphasized that EoIs have been received from more than 370 companies, indicating a substantial interest in the state's economic potential. More than 5,000 delegates participated in the summit, underscoring its importance in driving business growth.

A fast-track mechanism, featuring a dashboard system, will ensure swift follow-up on these proposals. Additionally, a dedicated toll-free investment number and email address are set to be announced, further facilitating this investment initiative.