Thiruvananthapuram: Four projects for which EoIs were received in the Invest Kerala Global Summit (IKGS) held at Kochi this February, with a total outlay of Rs. 1,211 crores, commenced in April, while eight projects with an investment of Rs. 2,675 crores will have their foundation stones laid this month.
Disclosing this at a press conference here today, Minister for Industries, Shri P Rajeeve said this clearly affirmed Kerala’s standing as a premier investment destination with increased investor trust in the government. The four projects have the potential to generate 3,050 jobs, and as many as 8,800 jobs will be created by the other projects. 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.
AI company Dynimated’s Rs 800 crores project in Ernakulam, Joy Alukkas Group’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 Park’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 Silks’ Rs. 500.00 cr project in Thrissur, Athachi’s Rs. 100 cr project in Palakkad, Sutherland’s Rs. 1500 cr project at Kochi, Gasha Steels Rs. 110 Cr project at Palakkad, Krishna Institute of Medical Sciences’ Rs. 200 Cr project at Kollam and Thrissur, Delta Aggregates – a Private Industrial Park in Pathanamthitta Rs. 15 cr project, Indraprastha’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.
The Industrial Land Web Portal, https://industrialland.kerala.gov.in, has been launched to create a database of land available in the state for industrial purposes.
Principal Secretary, Industries & Commerce, APM Mohammed Hanish; KSIDC Executive Director, Harikrishnan R; and KINFRA MD, Santhosh Koshy Thomas were also present.