Latest news with #PRajeeve
New Indian Express
3 days ago
- Business
- New Indian Express
FDI boom in Kerala, 3,300 crore inflow in 24-25
THIRUVANANTHAPURAM: Foreign Direct Investment (FDI) inflow to Kerala more than doubled to touch Rs 3,300 crore in 2024-25, from Rs 1,633.42 crore logged a year ago. Kerala, which accounted for 0.79% of the total FDI received by the country, was ranked ninth. In 2024-25, India received a total of Rs 4,21,929 crore as FDI, a 14.6% rise from the previous year. Maharashtra topped the list by bagging Rs 1,64,875.21 crore, 39.08% of the total equity inflow. It was followed by Karnataka, Rs 56,029.97 crore (13.28%), Delhi, Rs 51,540.12 crore (12.22%), Gujarat, Rs 47,947.23 crore (11.36%) and Tamil Nadu, Rs 31,102.71 crore (7.37%). Only seven states clocked a share greater than 1%. Industries Minister P Rajeeve said it was a matter of pride for the state. 'We could register a commendable growth though the amount is low when compared to top-ranking states. Kerala has the potential to draw more investments and we are devising programmes. The global capability centre and genome city are among the many initiatives on this front,' he told TNIE. The state will receive more FDI when the proposals at the Invest Kerala Global summit 2025 are realised, he added.
Time of India
4 days ago
- General
- Time of India
Edu department in Ernakulam conducts extensive inspection before school reopening
Kochi: With schools across Kerala set to reopen, officials of general education department in Ernakulam are conducting comprehensive inspections to ensure a safe and clean learning environment. Industries minister P Rajeeve will inaugurate annual school reopening celebration, Praveshanolsavam, at Kadungalloor Govt High School on Monday. Deputy director of education (DDE) Ernakulam Subin Paul stated that inspections are under way across all 983 schools in the district. Focus of these inspections includes overall cleanliness of campuses, proper functioning of toilets and readiness to welcome students. "Ensuring student safety is our top priority," said Paul. A total of 280 staff members have been deployed for this task from four educational sub-districts of Aluva, Ernakulam, Kothamangalam and Muvattupuzha. Special attention is being given to chlorination of water sources to guarantee safe drinking water in schools. Officials have directed schools to ensure water safety, and as a precaution, students will be provided with boiled drinking water during school hours to prevent waterborne diseases. According to department officials, mid-day meal will be provided to children from the first day of school reopening, ensuring nutritional support for students.
New Indian Express
5 days ago
- Business
- New Indian Express
Thiruvananthapuram gets mini industrial park
THIRUVANANTHAPURAM: The state capital has secured a KINFRA Mini Industrial Park at Thonnakkal. The park is expected to draw investments of Rs 50 crore and generate around 350 jobs. The newly inaugurated park has been established on land originally acquired in 2011 for the Global Ayurveda Park. Left idle for over a decade, the land was reclassified for industrial use in 2023 and re-purposed to meet the city's growing entrepreneurial demand. The fully allotted 7.48-acre park will house units in sectors such as food processing, paper products, furniture, hardware, defence, and aerospace. Development, which began in December 2023 with an outlay of Rs 6 crore, was completed ahead of schedule. Speaking at the inauguration of the park on Wednesday, Minister for Industries P Rajeeve emphasised the importance of ensuring basic infrastructure particularly road access while acquiring land for industrial parks. 'Infrastructure like road connectivity is critical when planning industrial parks. Locations should be vehicle-accessible and ready for varied industrial needs,' the minister said. Rajeeve highlighted the swift uptake of units once basic facilities were put in place, noting that all plots were quickly allotted to entrepreneurs. 'There's no developed land left unallocated in Kerala's industrial parks. Where delays exist, mostly due to legal issues, they are being addressed through adalats,' he said. He added that state's industrial landscape is more business-friendly than ever. '17 projects from the Invest Kerala Global Investor Meet will begin construction in May. A team is evaluating each proposal for fast-tracked implementation, which will translate into more enterprises and jobs for state's youth,' added the minister. The minister expressed confidence that the 18 entrepreneurs who are allotted land at the Thonnakkal park would soon begin construction of their units. The event was chaired by MLA V Sashi, and attended by officials including Industries Department Director P Vishnuraj and various local representatives. Rajeeve handed over allotment letters to all 18 entrepreneurs.
Time of India
6 days ago
- Business
- Time of India
Kinfra mini industrial park launched at Thonnakkal
Thiruvananthapuram: Industries minister P Rajeeve on Wednesday launched the mini industrial park at Kinfra facility in Thonnakkal. He also handed over allotment letters to 18 entrepreneurs during the ceremony. He expressed confidence that entrepreneurs who received land in Thonnakkal would begin construction of their units shortly. Lauding the facility, the minister said basic infrastructure facilities such as roads should be ensured while acquiring land for industrial parks. "Industrial parks should be developed in areas that can accommodate various types of vehicles and have proper access infrastructure. The mini industrial park was set up on land originally acquired in 2011 for Global Ayurveda Park. The land, which remained unused since then, was reclassified and approved for industrial use in 2023," the minister explained. He also noted that as soon as basic facilities were developed within the park, all units were booked by entrepreneurs, which was a noteworthy achievement. "No developed land in the state's industrial parks is left unallocated. In a few isolated cases, legal issues delayed allocation, but efforts are underway to resolve these through adalats and facilitate the handover," he added. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo Rajeeve emphasized that Kerala now offers a highly conducive environment for industrial investment. "As many as 17 investment projects announced at the Invest Kerala Global Investor Meet are set to begin construction this month. A dedicated team is carefully reviewing each proposal from the summit to ensure timely implementation. This improved business climate is expected to generate more enterprises and provide greater job opportunities for Kerala's youth," he 121467595 413 |
New Indian Express
6 days ago
- Business
- New Indian Express
Maharaja's College, a living chapter in nation's history, says CM; launches one-year-long fete
KOCHI: Maharaja's College, Ernakulam is not just an institution, it's an emotion, said Industries Minister P Rajeeve, as Kerala's legendary campus launched its post-150th-year platinum jubilee celebrations on Tuesday. At the heart of the celebrations was the inauguration of a grand new auditorium funded by the Kerala Infrastructure Investment Fund Board (KIIFB), a fitting tribute to the legacy and future of one of India's most iconic colleges. Chief Minister Pinarayi Vijayan, who formally launched the year-long celebration, hailed the college as a bastion of Kerala's political, cultural, and intellectual development. 'Maharaja's is not just a college. It is a living chapter in the nation's history,' Pinarayi said. 'From leading the khadi movement to championing Hindi language propagation, the students and faculty here have always stood at the forefront of national and social transformation.'
