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2012-04-21

Kerala spreads red carpet for investment from SMEs

Seeking investments to propel its economic resurgence, Kerala rolled out a red carpet for small and medium enterprises (SMEs), corporate honchos and business tycoons from across the globe, promising them single window clearance, lucrative returns and dura

Seeking investments to propel its economic resurgence, Kerala rolled out a red carpet for small and medium enterprises (SMEs), corporate honchos and business tycoons from across the globe, promising them single window clearance, lucrative returns and durable partnerships.

The high-profile conclave saw several companies from the SME sector showing keen interest for investing in Kerala in areas like renewable energy and the IT.

“There are opportunities galore for investors from all parts of the world to invest in Kerala and ensure its sustainable economic growth,” Chief Minister Oommen Chandy told a high-profile gathering yesterday evening. 

Earlier in the day, Chandy had emphatically stated at a meeting with SME owners, top diplomats, heads of multilateral agencies and chiefs of trade missions that “Kerala is ready for investment. We want to send out a message to the world that investment is welcome.”

Chandy, who was accompanied by his senior cabinet colleagues and top bureaucrats, said his government had listed out 12 priority areas for embracing investments from industrialists and businessmen Public-Private partnership model. These include IT and IT Enabled Services, Tourism, Healthcare, Trade and Retailing, Logistics, Food & Agro Processing, Gems and Jewellery, Ports and Ship Building. 

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