Kerala Secures ₹1.5 Lakh Crore in Investment Proposals: Minister.

Kerala Industries Minister P. Rajeeve announced recently that the state has secured investment commitments worth ₹1,50,905 crore from 374 companies during the Invest Kerala Global Summit 2025.

“These investments will materialize over the coming years. The government will now form a task force to vet the proposals and chart a roadmap for implementation,” Rajeeve said.

Chief Minister Pinarayi Vijayan also held discussions with top IT firms, resulting in 24 companies committing ₹8,500 crore in investments and the creation of approximately 16,000 new jobs.

The two-day summit saw participation from key political leaders, including the opposition Congress-led UDF. Congress leader Chandy Oommen expressed support for Kerala’s industrial growth, stating that the party would cooperate in the state’s development efforts.

On Friday, Karan Adani, Managing Director of Adani Ports & SEZ Ltd., announced a ₹30,000 crore investment in Kerala over the next five years, focusing on infrastructure and economic expansion.

“The Adani Group has already invested ₹5,000 crore in Vizhinjam and is committing an additional ₹20,000 crore. Vizhinjam is not just India's first transshipment hub, but we envision making it the largest in the region. We will also expand Trivandrum International Airport’s capacity from 4.5 million to 12 million passengers with a ₹5,500 crore investment. Additionally, we will establish a logistics and e-commerce hub in Cochin and enhance our cement capacity there,” Adani stated.

ET