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New Indian Express
21-05-2025
- Business
- New Indian Express
Kerala: Four mega projects worth Rs 1,211 crore kick off post investment summit
KOCHI: Barely three months after signing MoUs at the Invest Kerala Global Summit in Kochi, four major projects worth Rs 1,211 crore have officially taken off, marking a clear shift in the state's investment climate from promises to execution. Industries Minister P Rajeeve confirmed that these big-ticket ventures — including Joy Alukkas Group's Rs 300 crore residential-cum-hospital project in Ernakulam and Dynimated's Rs 800 crore deep-tech visual communication facility in Alangad — have broken ground. They're joined by Positive Chip Boards (Rs 51 crore) and M S Wood Alliance Park (Rs 60 crore), signaling that investor intent is translating into action. These aren't isolated cases. Another wave of eight projects worth Rs 2,675 crore is set to begin construction within this month, followed by projects totaling Rs 1,117 crore in June. The biggies in the queue? Sutherland's Rs 1,500 crore BPO centre in Kochi, Kalyan Silks' Rs 500 crore investment in Thrissur, and Bluestar Realtors' Rs 00 crore logistics hub. But what really puts Kerala on the investment fast-track is the creation of a High-Level Advisory Committee to ensure these projects don't get stuck in red tape.
Time of India
21-05-2025
- Business
- Time of India
4 projects, worth 1,211cr, begin
1 2 3 4 T'puram: State industries minister P Rajeeve said four investment projects , for which a letter of intent was signed at the Invest Kerala Global Summit organised by the state govt in Kochi, have commenced. These projects involve investments totalling Rs 1,211 crore. Rajeeve told reporters on Wednesday that the foundation stone for eight more projects worth Rs 2,675 crore would be laid by this month-end. He said construction began on projects by Joy Alukkas Group's residential apartment and hospital, Positive ChipBoards, MS Wood Alliance Park and Dynamated. "In June, projects worth Rs 1,117 crore will begin, including those by Blue Star, Avigna, Airport Golf View Hotel, K-Board Rubber and Krishnakala Medical Sciences." A project involving an investment of Rs 3,800 crore in the bio-manufacturing sector by JV Ventures, modelled on Genome Valley, will also start soon, he added. The Thonnakkal Kinfra Park will be inaugurated this month and Unity Mall in Nov, he said. Additionally, projects announced by Blue Star Realtors, Alhind, Airport Golf View Hotels, SFO Technologies, Kanyo Health, Accos, BMH Care Hospital, Krishnakala Hospital and Futurace Boutique Hospital will commence in the coming months. A high-level meeting chaired by chief minister Pinarayi Vijayan will be held on June 19 to discuss policy decisions related to the projects announced at the summit. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like IIT Delhi AI Programme IITD TAILP Apply Now Undo The state govt has formed a high-level advisory committee by including representatives from the industry to realise the investment commitments received at the summit. The minister will chair the committee while the principal secretary of the industry department will be the vice-chairman and KSIDC managing director will be the convener. Investment commitments worth Rs 1.96 lakh crore were received from more than 450 companies, with the potential to create 4.80 lakh job opportunities. |
Time of India
21-05-2025
- Business
- Time of India
Invest Kerala summit: 4 projects, worth Rs 1,211 crore, begin
1 2 T'puram: State industries minister P Rajeeve said four investment projects , for which a letter of intent was signed at the Invest Kerala Global Summit organised by the state govt in Kochi, have commenced. These projects involve investments totalling Rs 1,211 crore. Rajeeve told reporters on Wednesday that the foundation stone for eight more projects worth Rs 2,675 crore would be laid by this month-end. He said construction began on projects by Joy Alukkas Group's residential apartment and hospital, Positive ChipBoards, MS Wood Alliance Park and Dynamated. "In June, projects worth Rs 1,117 crore will begin, including those by Blue Star, Avigna, Airport Golf View Hotel, K-Board Rubber and Krishnakala Medical Sciences." A project involving an investment of Rs 3,800 crore in the bio-manufacturing sector by JV Ventures, modelled on Genome Valley, will also start soon, he added. The Thonnakkal Kinfra Park will be inaugurated this month and Unity Mall in Nov, he said. Additionally, projects announced by Blue Star Realtors, Alhind, Airport Golf View Hotels, SFO Technologies, Kanyo Health, Accos, BMH Care Hospital, Krishnakala Hospital and Futurace Boutique Hospital will commence in the coming months. A high-level meeting chaired by chief minister Pinarayi Vijayan will be held on June 19 to discuss policy decisions related to the projects announced at the summit. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo The state govt has formed a high-level advisory committee by including representatives from the industry to realise the investment commitments received at the summit. The minister will chair the committee while the principal secretary of the industry department will be the vice-chairman and KSIDC managing director will be the convener. Investment commitments worth Rs 1.96 lakh crore were received from more than 450 companies, with the potential to create 4.80 lakh job opportunities. |
