P Rajeev, State Industries Minister
A year after the state government hosted the Invest in Kerala Global Summit (IKGS) to highlight Kerala as an investor-friendly destination, projects worth Rs 54,908.22 crore have entered the implementation phase.
Rajeev, state industries minister, told reporters that this represents more than 40 per cent of the expressions of interest (EoIs) received during the summit, supported by the availability of easily accessible land for industrial development.
He said the summit received funds worth Rs 1,81,209 crore from 449 investors. Of these projects, 115 projects have already started construction or are operational, creating 66,073 job opportunities. The government focused on 22 priority sectors, including tourism, food processing, information technology, pharmaceuticals and healthcare.
The government is now focusing on ensuring time-bound implementation of committed investments. Projects were rated on the basis of investment value, with systematic follow-up through KSIDC, Directorate of Industry and Trade and KINFRA. Investments up to Rs 100 crore are monitored by the Directorate of Industry and Commerce, while KSIDC oversees projects above Rs 100 crore.
He added that a dedicated mechanism has also been established to speed up clearance processes and conduct periodic review of the project.
To enhance transparency in the investment process, the government created a dedicated electronic portal for this purpose. The platform helps track the work of nodal officials and address issues faced by investors by bringing them to the attention of relevant departments.
In addition, an advisory committee chaired by the Minister was formed to resolve implementation bottlenecks. The government has already approved 22 major policy reforms to improve the investment climate. The formation of a special working group within the local self-government administration and the establishment of investment facilitation cells in all district associations has accelerated the pace of project implementation.
Posted on February 20, 2026
