Kerala's Investor Summit Secures Rs 1.53 Lakh Crore in Investments

Kerala's two-day investor summit attracted investments of Rs 1.53 lakh crore. Over 370 companies showed interest, signaling a new investment era for the state. With a USD 1-trillion economy goal, the summit featured prominent leaders. Efforts for an investment-friendly atmosphere and cooperative federalism were highlighted.

Kerala's investor summit concluded successfully, garnering Expressions of Interest worth Rs 1.53 lakh crore. Over 370 companies participated in the event, heralding a new era of investments for the state. Industries Minister P Rajeeve announced the figures, emphasizing a realistic approach to future proposals.

The summit introduced tools like a dashboard-based mechanism and a toll-free number for fast-tracking investments. The event, attended by Union ministers and industrialists, was aimed at transforming Kerala into a USD 1-trillion economy, supported by stable governance under the LDF.

Amid political controversies, Union Minister George Kurien highlighted cooperative federalism's importance, while P K Kunhalikutty stressed the Opposition's readiness to support investor-friendly initiatives, underlining cross-party cooperation for Kerala's economic growth.