Kerala Secures Rs 1.53 Tn Investment Proposals at Investors' Summit
ECONOMY & POLICY

Kerala Secures Rs 1.53 Tn Investment Proposals at Investors' Summit

Kerala secured investment proposals worth Rs 1.53 trillion from 374 companies during the two-day Invest Kerala Global Summit 2025 (IKGS). The largest commitment, amounting to Rs 300 billion, came from the Adani Group. The summit, held on February 21-22, attracted significant interest from the information technology sector, with 24 companies planning expansions through an additional investment of nearly Rs 85 billion, creating around 60,000 new jobs.

A total of 66 companies submitted expressions of interest (EoIs) for investments exceeding Rs 5 billion. The summit strengthened investor confidence in Kerala’s industrial potential, marking a new phase of economic development. Other major investment commitments included Hi Lite Group (Rs 100 billion), Tofl Pathanamthitta Infra (Rs 50 billion), Lulu Group (Rs 50 billion), Monarch Surveyors and Engineering Consultants (Rs 50 billion), Sri Avantika International (Rs 43 billion), and Bharat Petroleum Corporation (Rs 9 billion), among others.

To ensure the effective implementation of these proposals, the state government will establish a special committee for framing fresh guidelines on plantation land utilization. Additionally, a minister-level committee will oversee land rule exemptions. A fast-track mechanism will be introduced to facilitate the execution of each EoI, with immediate follow-up beginning the next working day. A dedicated dashboard and structured monitoring system will be set up, assigning nodal officers and conducting periodic reviews chaired by the chief secretary and the Chief Minister.

News source: Business Standard

Kerala secured investment proposals worth Rs 1.53 trillion from 374 companies during the two-day Invest Kerala Global Summit 2025 (IKGS). The largest commitment, amounting to Rs 300 billion, came from the Adani Group. The summit, held on February 21-22, attracted significant interest from the information technology sector, with 24 companies planning expansions through an additional investment of nearly Rs 85 billion, creating around 60,000 new jobs. A total of 66 companies submitted expressions of interest (EoIs) for investments exceeding Rs 5 billion. The summit strengthened investor confidence in Kerala’s industrial potential, marking a new phase of economic development. Other major investment commitments included Hi Lite Group (Rs 100 billion), Tofl Pathanamthitta Infra (Rs 50 billion), Lulu Group (Rs 50 billion), Monarch Surveyors and Engineering Consultants (Rs 50 billion), Sri Avantika International (Rs 43 billion), and Bharat Petroleum Corporation (Rs 9 billion), among others. To ensure the effective implementation of these proposals, the state government will establish a special committee for framing fresh guidelines on plantation land utilization. Additionally, a minister-level committee will oversee land rule exemptions. A fast-track mechanism will be introduced to facilitate the execution of each EoI, with immediate follow-up beginning the next working day. A dedicated dashboard and structured monitoring system will be set up, assigning nodal officers and conducting periodic reviews chaired by the chief secretary and the Chief Minister. News source: Business Standard

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement