Eighty -six projects with a total investment of 3.429.15 GBP, which were promised at the Global Invest Keral Summit in February this year, has happened on Friday, said the Minister of Industry P. Rajeeve on Friday.
When he spoke at a press conference on the progress of projects for which he received the manifestation of interest at the summit, he said that out of 424 projects with a total investment of 1.77 Lakh Crore, work at 20.8%began.
According to Mr. Rajeeve, after completing 86 projects, 40,439 jobs will be created. Of the remaining projects to be launched, 268 have already received the desired land, while 156 is to get the land. Among those who have gained land require a total of 29 soil conversion projects or various exceptions to continue their work.
He also said the plans for the following months that £ 1,500 GBP projects will be launched in July, while projects worth £ 1,437 are expected to start in August. All eight Kerala Industrial Infrastructure Development Corporation (KINFRA) came across a total of 1,011 investment projects CRORE.
“In July, projects of 1,500 GBP will begin, while in August 1,437 GBP-Crore investment projects will begin. A total of 1,011 GBP-Crore investment projects came in all eight Kinfra Parks,” he said.
Mr. Rajeeve said that the foundation stone for the new Bharat Biotech project will be laid in the Kerala State Industrial Development Corporation (KSIDC) in Angamala. Adani Logistics will set up a logistics park in Kalamassery at the price of 600 crore. IBM took over two floors of Lulu It Twin Towers, developed by Lulu, SmartCity in Kakkanad. With the fact that this center becomes functional, Kerala becomes one of the largest centers of India with more than 5,000 employees.
A specialized advisory group was created, chaired by the Minister of Industry, to monitor the project implementation, coordination across departments and rapid problems of problems to allow smooth implementation. The main secretary, the industry, is a vice -chairman and the KSIDC MD is an conference of this body, which has representatives of industrial and commercial bodies, renowned industrialists and higher government officials as members. The Committee meets every two months.
Industrial Land Web Portal was launched to create a land database available in the State for Industrial purposes, the Minister said. A five -speed escalating protocol has been introduced to ensure timely investor problems. These include: the initial node level, involvement in the relevant departments, formal communication, if unresolved, escalation to the secretary level. And if it is still waiting for the final escalatory to the minister.
Published – 4 July 2025 20:33
