Focused sessions for exploring investment opportunities from countries like the UAE, Germany and France will be among the highlights of this year’s ‘Invest Kerala Global Summit, to be held on February 21-22 in Kochi.
Vietnam, Norway and Malaysia are among the other countries identified as special focus countries to attract large-scale investments in the South Indian state.
The two-day summit, to be inaugurated by Kerala Chief Minister Pinarayi Vijayan, will have Abdulla Bin Touq Al Marri, Minister of Economy, UAE, as the chief guest.
UAE-based Indian businessmen Yusuff Ali, Chairman and Managing Director of LuLu Group International, and Ravi Pillai, Chairman of RP Group, will be among the prominent industrialists who will be attending the summit.
Kerala’s strategic investment focus
The two-day summit, to be held at Lulu Bolgatty International Convention Centre, Kochi, is organised by the Kerala State Industrial Development Corporation (KSIDC) on behalf of the state’s Department of Industries and Commerce.
Kerala’s global investment summit will focus on generating investments in 22 key sectors, in line with the state government’s New Industrial Policy (NIP), calibrating the state’s core potential.
The focus sectors of the summit include sustainable technologies, innovation and industry 4.0, strategic industries, innovation in health, fintech, tourism and food processing.
APM Mohammed Hanish, Principal Secretary, Industries and Commerce, Kerala, said the structured business conclave aims to attract investments and scale up those segments which already have a footprint in the state.
“The government had conducted a series of pre-summit events focusing on specific sectors to showcase the 22 priority areas, which have received highly encouraging response from the industry stakeholders,” he said.
A clutch of global industry leaders and more than 2,500 prospective investors will converge at the summit, KSIDC said.
S Harikishore, Managing Director, KSDIC, said the country-focused sessions will seek to strike partnerships with overseas companies and investors in different verticals, since Kerala promises a highly conducive ecosystem defined by a world-class infrastructure, sustainable policies and well-qualified professional talent.
“It is significant to note that IKGS coincides with Kerala’s transition into a knowledge economy by leveraging its strategic advantages as an ideal destination for clean and green enterprises that align well with sustainable development goals,” he said.
The summit is also meant to augment employment opportunities, create a major economic impact, besides strengthening education and skill development initiatives, Harikishore added.
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