The Invest Kerala Global Summit has secured investment commitments worth ₹1,52,905.67 crore from 374 companies across India and abroad. Of these, 66 companies will invest over ₹500 crore each, while 24 IT firms have shown interest in expanding operations in the state. This is expected to generate ₹8,500 crore in investments and create 60,000 jobs.
Sharaf Group to Invest ₹5,000 Crore
Dubai-based logistics and shipping giant Sharaf Group will invest ₹5,000 crore in Kerala. The company has already submitted a letter of intent to the government and plans to implement its investment projects in two locations within the state.
Tata-Backed Shipbuilding Project in Kochi
Tata Enterprises’ Artson Engineering and Malabar Cements, a Kerala PSU, have signed an agreement to set up a shipbuilding facility in Kochi. The center will manufacture vessels weighing under 100 tonnes. Malabar Cements had earlier leased seven acres in Kochi Port Trust for development but had not used it for operations in the past eight years. Now, the land will be utilized for this project. The initiative aligns with India’s PM Gati Shakti plan, which aims to boost inland water transport and increase demand for small vessels. The project is expected to create over 300 jobs.
₹5,000 Crore Real Estate Project in Kochi
A real estate consortium has announced a ₹5,000 crore urban township project over 300 acres near the proposed Gift City in Ayampuzha, near Nedumbassery. The land will be acquired through pooling, and initial talks with landowners have already begun.
Aster DM Healthcare to Invest ₹850 Crore
Aster DM Healthcare will invest ₹850 crore in Kerala’s hospital sector over the next three years. This is in addition to the ₹500 crore already invested in the past three years. Two new projects will be launched under this investment plan.
Adani Group’s ₹30,000 Crore Investment
One of the biggest announcements at the summit was from the Adani Group, which pledged ₹30,000 crore for projects in Kerala. Investments will focus on the Vizhinjam Port and airport development.
Lulu Group’s ₹5,000 Crore Expansion
Lulu Group will invest ₹5,000 crore in Kerala over the next five years, focusing on food processing, IT infrastructure, and fintech. A major food processing and export unit will be set up in Kalamassery’s Food Processing Zone, collecting fresh produce from Kerala and Tamil Nadu for export. Additionally, Lulu will establish new retail markets in Perinthalmanna, Tirur, Kannur, and Kasaragod, creating 15,000 jobs. A new twin IT tower in Kakkanad will accommodate 25,000 employees.
Kerala is positioning itself as a major business hub, attracting large-scale investments that promise economic growth and employment opportunities.
