Kerala Industries Minister P Rajeeve during the release of a handbook on the achievements of the Industries Department in the last five years. Also seen are APM Mohammed Hanish, Additional Chief Secretary (Industries & Commerce); P Vishnuraj, Managing Director, Kerala State Industrial Development Corporation; Santhosh Koshy, MD, KINFRA; and Suraj S Nair, CEO, K-BIP.
Keralam has translated investment proposals of over ₹1 lakh crore into actual projects in the last five years, according to State’s Industries Minister, P.Rajeeve.
Speaking to reporters, the Minister said the upfront policy initiatives of the Industries Department have also imparted a vital thrust to Kerala’s transformation into a major global ESG (Environmental, Social and Governance) and hi-tech manufacturing destination of the next decade.
“Of the total investment mobilised during the period, ₹27,158.64 crore was received through Year of Enterprise initiative, ₹55,365 crore from Invest Kerala Global Summit (IKGS) and around ₹15,000 crore through the Meet the Investor Programme,” the Minister said.
These three initiatives have contributed around ₹97,858 crore in scores of investment projects, apart from the investments received by the industrial parks, Rajeeve said.
Kerala is the first state to come up with an ESG industrial policy, which turned out to be a prime factor for the state to successfully showcase its investment possibilities at the World Economic Forum (WEF) in Davos in January this year,” he said.
The state received investment proposals of ₹1.18 lakh crore and the projects are in implementing stage, he said.
He said the three editions of Year of Enterprise initiative have yielded more than four lakh SMEs. The initiative was cited by American Society for Public Administration as a successful model. Around 406,606 new ventures, Rs 27,158.64 crore investments and 8, 66162 employment opportunities were created as part of the initiative.
The Mission 1000 launched for the sustainable growth of SMEs has been scaled up as Mission 100000 project that aims to turn one lakh SMEs into ventures with ₹1 crore turnover.
The Minister also released a handbook that sums up the achievements and interventions of the Industries Department in the last five years.
Published on March 11, 2026