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Kochi: Kerala is targeting to set up 1,000 industries with a minimum turnover of INR 100 cr in the next few years. Speaking after inaugurating Salute Kerala 2024 organised by Indo Gulf and Middle East Chamber of Commerce in Kochi State Industries Minister P Rajeev said 1,000 industries with rupees 100 cr turnover will bring Rs 1 lakh crore industrial turnover to Kerala. The minister has made a detailed presentation of the steps taken by the state government including legislative initiatives to make Kerala a top investment destination. The changes brought forward by the government has helped Kerala to become the number one state in the ranks of ease of doing business among the Indian states. Minister Rajeeve called upon the Non-Resident Keralites to be the brand ambassadors of Kerala as an investment destination. The minister also asked the NRK entrepreneurs to take part in the Investment Kerala meeting scheduled to be held at Kochi on February 21 and 22, 2025.
The Vizhinjam International Container Port Terminal is expected to be one of the most important development hubs in Kerala, said state finance minister KN Balagopal. Addressing the Salute Kerala event at Kochi the minister said the development zone planned by the government in Thiruvananthapuram and Kollam districts provide great opportunities for entrepreneurs to invest in setting up global supply chain networks. This is the best time to showcase the potential of Kerala to the world, he said. The minister highlighted electronics, medical devices, agro processing, logistics and other areas.
Speaking on the occasion VD Satheesan leader of the opposition in the Kerala Assembly highlighted the tremendous changes brought by the AI in all walks of life. Mr. Satheesan said Kerala as business unfriendly place is a misconception. He said that none of the major business enterprises in the state faced any labour issues in the past one and half decades. He said the new generation of trade union leaders approach issues responsibly and sort out issues in an amicable manner. He also lauded the role played by the NRKs in unleashing the entrepreneurial potential of Kerala.
P Mohammad Ali founder of the Galfar Group stressed the importance of developing a Kerala Brand in areas such as education, healthcare, sanitation and hospitality. He stressed the importance of making the water bodies of the state the clean to derive the full advantage of the tourism potential of the state. Mr Mohammad Ali made a comparison with Singapore in this connection. Mr Mohammed Hanish Principal Secretary, Industries, Government of Kerala made a detailed presentation of the industrial policy of the state government. He highlighted the water and air connectivity in the state offering great opportunities for global supply chain networks.
The “INMECC Leadership Salute,” the event’s highest honour, was presented to renowned entrepreneur Dr. P. Mohammed Ali of Galfar for his long-standing contributions to hospitality, industry, and societal development in Kerala. The others honoured at the Salute Kerala 2024 included:
George Jacob Muthoot, Muthoot Finance Ltd.
Dr. Viju Jacob, Synthite Industries Pvt. Ltd.
Gokulam Gopalan, Gokulam Group
V.K. Mathews, IBS Software
Dr. K.V. Tolin, Tolins Tyres Ltd.
K. Muraleedharan, Muralya and SFC Group
V.K. Razak, VKC Group
Sheela Kochouseph, V Star Creations Pvt. Ltd.
P.K. Mayan Mohamed, Western Plywoods Ltd.
Dr. A.V. Anoop, AVA Medimix Group
Photo Caption: Finance Minister KN Balagopal, Principal Secretary, Industries, Mohammad Haneesh, Inmech Chairman Dr. N.M. Sharafuddin, Secretary General Dr. Sureshkumar Madhusoodanan and others. Dr. P. Muhammad Ali, Gulfar, Dr. Viju Jacob, Synthite Industries Pvt Ltd, Gokulam Gopalan, Gokulam Group, VK Mathews, IBS Software, Dr. KV Tolin Tolins Tires Ltd., K. Muralidharan, Muralya, SFC Group, VK Razak, VKC Group, Sheela Kochowsep, V Star Creations Pvt Ltd, PK Mayan Muhammad, Western Plywoods Ltd., Dr. AV Anoop, AV Medimix Group at the Salute Kerala 2024.
