Kochi: Kerala’s greatest asset is its knowledgeable and skilled youth, and this strength is increasingly attracting global investors to the state, said Minister for Industries P. Rajeev while addressing the Summit of Future organized by Jain (Deemed to be) University, Kochi.
The minister said Kerala is undergoing rapid transformation and that the government is committed to supporting the aspirations of young people by creating an enabling ecosystem for innovation and entrepreneurship. He noted that the state is fast emerging as an investment-friendly destination, with several large-scale projects gaining international attention.
Highlighting Kerala’s policy leadership, Rajeev said the state is the first in India to implement an ESG (Environmental, Social and Governance) policy, which has drawn strong interest from European companies. He added that Kerala received significant global attention during the World Economic Forum summit in Davos.
The minister said memorandums of understanding have already been signed to establish global-standard Global Capability Centre (GCC) cities in Kochi and Thiruvananthapuram. In the next phase, Kozhikode will also be included, and representatives of these initiatives are expected to arrive in Kerala next week.
Rajeev said Kerala is focusing on future-ready sectors such as robotics, artificial intelligence, generative AI, blockchain, and the medical devices industry. Citing examples, he said companies like SFO Technologies, which secured a ₹345-crore order as part of the Rafale project, reflect Kerala’s technological strength.
He also highlighted the success of young entrepreneurs, noting that Molecule Biotech at Koratty has grown to a turnover of ₹100 crore, while Genrobotics in Thiruvananthapuram has achieved a turnover of ₹300 crore, underscoring the state’s growing innovation ecosystem.