EoIs From Invest Kerala Global Summit Get Underway: Minister Rajeeve

Four projects for which EOIs were received in Invest Kerala Global Summit (IKGS) held at Kochi this February with a total outlay of Rs. 1,211 crores commenced in April, while 8 projects with an investment of Rs. 2,675 crores will have their foundation stones laid this month.

The 4 projects have the potential to generate 3,050 jobs. As many as 8,800 jobs will be created by the 8 projects.

Disclosing this at a press conference here today, Minister for Industries, Law and Coir Shri P. Rajeeve said this clearly affirmed Kerala바카라�s standing as a premier investment destination with increased investor trust in the government.

Also, another five projects, with an investment outlay of Rs over 1,000 crore and the potential to generate 2,400 jobs, are slated to begin in June, he noted.

바카라�The proactive steps taken by the government following IKGS 2025 underscore the state바카라�s strong commitment to investor facilitation and results-driven governance,바카라� Shri Rajeeve said.

바카라�By combining transparent digital tools, decentralised execution, and policy reform, Kerala is setting a new benchmark for investment promotion and project implementation in the country,바카라� he added.

AI company Dynimated바카라�s Rs.800 crore project in Ernakulam, Joy Alukkas Group바카라�s residential and hospital project with an investment of Rs. 300 Cr in Ernakulam, Positive Chip Boards manufacturing unit in Ernakulam with an investment of Rs. 51 cr and MS Wood Alliance Park바카라�s manufacturing unit in Kannur with an investment of Rs. 60 cr are the four projects that came up at IKGS 2025 which commenced in April.

Kalyan Silks바카라� Rs. 500.00 cr project in Thrissur, Athachi바카라�s Rs. 100 cr project in Palakkad, Sutherland바카라�s Rs. 1500 cr project at Kochi, Gasha Steels Rs. 110 Cr project at Palakkad, Krishna Institute of Medical Sciences바카라� Rs. 200 Cr project at Kollam and Thrissur, Delta Aggregates 바카라� a Private Industrial Park in Pathanamthitta Rs. 15 cr project, Indraprastha바카라�s Rs. 100 cr project at Kochi, Geojit Financial Services Rs.150 cr project in Kochi are set to start by the end of May.

Among other major proposals that came up at IKGS 2025, the Genome Valley at Life Sciences Park with an investment of Rs. 3,800 crores in Thiruvananthapuram will commence construction shortly while Unity Mall at Thiruvananthapuram will be inaugurated in November, the Minister said.

Principal Secretary, Industries & Commerce, Shri APM Mohammed Hanish, KSIDC Executive Director Shri Harikrishnan R and KINFRA MD Shri Santhosh Koshy Thomas were also present.

A dedicated Advisory group, chaired by the Minister for Industries, has been formed for monitoring project implementation, coordinating across departments and resolving issues swiftly to enable seamless execution. Principal Secretary, Industries, is the Vice Chairman and Kerala State Industrial Development Corporation (KSIDC) MD the convener of this body, which has representatives of industry and trade bodies, renowned industrialists, and senior government officials as members.

A high-level policy reform meeting chaired by the Chief Minister is scheduled in June. The meeting will address the procedural and policy bottlenecks that affect investment implementation and focus on improving the overall Ease of Doing Business.

The Industrial Land Web Portal, has been launched to create a database of land available in the state for industrial purposes, said the Minister. The portal will function like a matchmaking website where those who have land available for industrial purposes can list their information on it, he noted.

Another portal, developed by Kerala State Industrial Development Corporation (KSIDC), provides investors and departments with real-time updates and critical information about each proposal's implementation status. It also features a monthly progress report to ensure transparency and stakeholder accountability.

Out of some 450 EoIs (Expressions of Interest) received at IKGS, over 370 project-level meetings have been conducted so far, and updated status reports and photographs uploaded to the dashboard of IKGS portal.

Nodal officers have been granted direct access to the portal to update project milestones, including land status, construction commencement, commercial operations start dates, and all communications with promoters and departments. They are expected to complete one-on-one meetings with all project promoters by May 30, 2025.

The state government has also implemented a comprehensive and structured mechanism for EoI conversion to ensure effective follow-through on these investment proposals.

A five-step escalation protocol has been introduced to ensure the timely resolution of investor issues. These include: initial resolution at the nodal officer level; engagement with concerned department; formal communication if unresolved; escalation to the Secretary level; and, if still pending, final escalation to the minister concerned. This structured approach ensures accountability and responsiveness at every level of government interaction.