Kerala to Finalize Key Policies Before 2025 Investors Meet
ECONOMY & POLICY

Kerala to Finalize Key Policies Before 2025 Investors Meet

In a significant move to boost investment, Kerala's Industry Minister P Rajeeve announced that the state government is set to approve the draft export policy and logistic policy within the next two weeks. These approvals are part of a broader strategy to attract more investors to the state.

Rajeeve revealed that the state will host a Global Investors' Meet (GIM) in Kochi in January 2025. In preparation, the government plans to approve a series of key policies, including those related to Goods and Services Tax (GST), Global Capability Centres, high-tech manufacturing, and Artificial Intelligence (AI). The electric vehicle (EV) sector, highlighted as a priority, is expected to draw significant investments through these initiatives.

To showcase Kerala's investment potential, the government will organize roadshows in major cities, including Chennai, Mumbai, Bengaluru, Doha, and Dubai. Rajeeve noted the success of a recent entrepreneurs' meeting in Chennai, where several major firms expressed interest in investing in the state. He emphasized that the GIM in 2025 would serve as a crucial platform for companies looking to establish a presence in Kerala.

The state is also considering the development of manufacturing clusters and logistics parks in Vizhinjam as part of its investment attraction efforts. Additionally, the minister announced that the Kalamassery Agricultural Festival would take place from September 7 to 13 this year, with various events planned, including a Young Farmers' Meet on August 11 and a cooperative meet on August 13, attended by prominent state ministers.

In a significant move to boost investment, Kerala's Industry Minister P Rajeeve announced that the state government is set to approve the draft export policy and logistic policy within the next two weeks. These approvals are part of a broader strategy to attract more investors to the state. Rajeeve revealed that the state will host a Global Investors' Meet (GIM) in Kochi in January 2025. In preparation, the government plans to approve a series of key policies, including those related to Goods and Services Tax (GST), Global Capability Centres, high-tech manufacturing, and Artificial Intelligence (AI). The electric vehicle (EV) sector, highlighted as a priority, is expected to draw significant investments through these initiatives. To showcase Kerala's investment potential, the government will organize roadshows in major cities, including Chennai, Mumbai, Bengaluru, Doha, and Dubai. Rajeeve noted the success of a recent entrepreneurs' meeting in Chennai, where several major firms expressed interest in investing in the state. He emphasized that the GIM in 2025 would serve as a crucial platform for companies looking to establish a presence in Kerala. The state is also considering the development of manufacturing clusters and logistics parks in Vizhinjam as part of its investment attraction efforts. Additionally, the minister announced that the Kalamassery Agricultural Festival would take place from September 7 to 13 this year, with various events planned, including a Young Farmers' Meet on August 11 and a cooperative meet on August 13, attended by prominent state ministers.

Next Story
Resources

Workplace Solutions Company IndiQube, Surpasses 100 Properties Milestone

Workplace solutions company, IndiQube has surpassed the 100 properties milestone. The company that started nine years ago with a single property in Bengaluru has now expanded across 14 cities and caters to 700+ clients. Today, the company has a portfolio of over 7.2 million square feet with presence across major tier I cities including Bengaluru, Pune, Chennai, Hyderabad, Mumbai, Gurgaon and Noida. Also, post pandemic the company has made its foray into tier II cities including Coimbatore, Jaipur, Madurai, Kochi, Vijayawada, Calicut and Mohali. In Bengaluru, IndiQube has 59 properties cove..

Next Story
Infrastructure Transport

Ashoka Buildcon turns lowest bidder for Rs 27.91 billion NHAI projects

Ashoka Buildcon Ltd announced on November 18, 2024, that it has emerged as the lowest bidder (L-1) for two National Highways Authority of India (NHAI) projects in West Bengal, with a combined value of Rs 27.91 billion. These Engineering, Procurement, and Construction (EPC) projects will be executed under the Hybrid Annuity Model (HAM). The first project involves developing a four-lane economic corridor between Bowaichandi and Guskara-Katwa Road (Km 89.814 to Km 133) of NH 116A (Package-3). This project is valued at Rs 13.91 billion, excluding GST, and is expected to be completed within 910 d..

Next Story
Infrastructure Energy

Tata Power, Jakson, Ashoka Buildcon lead solar EPC market in 1H 2024

Tata Power Solar, Jakson Green, and Ashoka Buildcon have emerged as the top utility-scale solar engineering, procurement, and construction (EPC) providers in India during the first half (1H) of 2024, according to Mercom India’s Solar Market Leaderboard for 1H 2024. Gensol Engineering and InSolare Energy also secured spots in the top five. Tata Power Solar led the market with a 32.7% share, followed closely by Jakson Green at 32.1%, while Ashoka Buildcon claimed the third spot with 6.5%. Gensol Engineering and InSolare Energy accounted for 6.2% and 5.1% of the market, respectively. Together..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000