New Era of Growth for Kerala: ₹1,211 Crore Projects Kick Off

Kerala Industries Minister P. Rajeeve has announced the commencement of construction on four major investment projects worth ₹1,211 crore, initiated through letters of intent signed during the Invest Kerala Global Summit held in Kochi.

The projects include developments by Joy Alukkas Group (a residential complex and hospital), Positive ChipBoards, MS Wood Alliance Park, and Dynamated. In addition, foundation stones will be laid by the end of May for eight more projects totaling ₹2,675 crore.

Starting in June, another set of investments worth ₹1,117 crore is set to launch, involving companies such as Blue Star, Avigna, Airport Golf View Hotel, K-Board Rubber, and Krishnakala Medical Sciences.

A ₹3,800 crore bio-manufacturing project by JV Ventures, modeled after Genome Valley, is also on the horizon. The Thonnakkal Kinfra Park is slated for inauguration this month, while the Unity Mall is expected to open in November.

Additional upcoming projects feature investments from Alhind, SFO Technologies, Kanyo Health, and Futurace Boutique Hospital.

To oversee the progress and policy matters related to the state’s ₹1.96 lakh crore investment commitments, a high-level meeting chaired by Chief Minister Pinarayi Vijayan will be held on June 19. An advisory committee has also been established to support implementation efforts.

News by Rahul Yelligetti.