Kerala gets ₹1,53,000 crore worth investment proposals at Invest Kerala Summit

Kerala received Expression of Interests (EoIs) for investments worth ₹1,52,905.67 crore from 374 companies at the two-day Invest Kerala Global Summit (IKGS 2025) concluded in Kochi on Saturday.

About 66 companies committed over ₹500 crore investment. Major commitments include ₹30,000 crore from the Adani Group, ₹500 crore from Tata Group, India and Middle East-based business houses like Highlight Group (₹10,000 crore), Lulu Group (₹5,000 crore), Sharaf Group ₹5,000 crore), Ravi Pillai Group (₹2,000 crore) and Dr Azad Moopen's Aster (₹850 crore). A total of 24 IT companies have expressed interests in expanding operations with an additional investment of nearly ₹8,500 crore and additional employment of 60,000 people.

''We considered only realistic EOUs instead of looking at mere MoU proposals signed in many such events and these companies have evinced interest in establishing, expanding, diversifying and reinvesting in the state," said P Rajeeve, minister for industries, law and coir.

He said the Invest Kerala Global Summit will be conducted triennially. “Close on the heels of the discussion with UAE Minister of Economy, the next edition of Investopia Summit of the UAE government that brings together the global investor community will be conducted in Kerala in 2026 July,” he added.

Rajeeve said a special committee will be constituted for framing fresh guidelines for the utilisation of plantation land and also a minister-level committee will be set up to give exemptions from the land rules. The government will establish a fast-track mechanism for carrying forward each EoI made at the summit. Further work on these proposals will begin from the next working day onwards. A special dashboard and mechanism will also be set up for the follow-up of these proposals. A nodal officer will be assigned and a committee chaired by the Chief Secretary will do the periodic review. Chief Minister will hold review meetings to evaluate the progress of the EoIs, said the minister.

He said a dedicated investor toll-free number and email ID will be notified towards expediting the implementation of new investments, diversification and expansion of the state’s limit.

The event attracted 3,000 participants including delegates from 26 countries converged at IKGS 2025. The event also saw country-focused sessions that explored investment opportunities from six countries, including Germany, Vietnam, Norway, UAE, France and Malaysia. Besides, ambassadors from various countries also attended the summit.