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Kerala secures Rs 1.17 lakh crore investment commitments at WEF Davos

Davos, Jan 24 (UNI) Kerala has secured investment commitments worth over Rs 1.17 lakh crore (USD 14 billion) at the 56th Annual Meeting of the World Economic Forum (WEF) held in Davos, Switzerland, with the state government’s high-level delegation successfully showcasing Kerala’s robust and future-ready industrial ecosystem before global business leaders. The commitments and Expressions of Interest (EoIs) span a wide range of sectors, including renewable energy, Global Capability Centres (GCCs), skill development, financial services, tourism and wellness, medical infrastructure and manufacturing. Industries Minister P.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • Rajeeve, who led the five-member Kerala delegation, said the state held extensive discussions and business meetings with several Indian and international company heads during the five-day global summit.
  • “As Kerala diversifies and scales up across both traditional and new-age sectors, we are proud to announce total investor commitments of Rs 1.17 lakh crore from global investors from the US, the UK, Germany, Italy, Spain, South Africa and other countries,” the Minister said.
  • Kerala made a strong impression at the January 19–23 WEF meeting, which brought together global business and political leaders to deliberate on major international challenges and opportunities for cooperation.
  • The delegation highlighted Kerala’s strategic advantages as a preferred investment destination before industry leaders, CEOs and representatives of trade and business promotion agencies.
  • This marks the second consecutive year that Kerala has been represented by an official delegation at the WEF, reflecting the state government’s sustained engagement with global economic platforms and its focus on strengthening international partnerships.
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Sources

  1. Kerala secures Rs 1.17 lakh crore investment commitments at WEF Davos

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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