Minister P Rajeev announces NRI industrial park in Kerala
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Minister P. Rajeev attends the Invest Kerala Roadshow held in Dubai as part of the Invest Kerala Summit
Kerala's Minister of Industries, P. Rajeev, announced plans to establish an exclusive industrial park for non-resident Indians (NRIs) in the state. The announcement was made during the Minister P Rajeev announces NRI industrial park in Kerala held in Dubai as part of the upcoming Invest Kerala Summit, scheduled to take place in Kochi on February 21 and 22.
The summit will have the UAE Minister of Economy Abdullah bin Touq Al Marri as the chief guest. Representatives from Abu Dhabi, Dubai and Sharjah Chambers of Commerce have confirmed their participation, along with key representatives from leading UAE-based industrial conglomerates.
Highlighting the state’s pro-investment climate, Minister Rajeev stated that this is the most opportune time to invest in Kerala.
"Kerala has emerged as the top investment-friendly state in India, a significant leap from its previous 20th position," he said.
He also emphasized the state’s clean environment, contrasting it with pollution-related challenges in other states.
Addressing concerns about labor strikes in Kerala, the minister clarified that the state is not listed among the top states for labor unrest, according to the Union Ministry of Labor.
The event was attended by prominent industry leaders, including Lulu Group Chairman M. A. Yusuff Ali, Aster DM Healthcare Chairman Dr. Azad Moopen, MP Abdul Wahab and key government officials such as Principal Secretary of the Industries Department A.P.M. Mohammed Hanish, KSIDC Managing Director S. Harikishore and Indian Ambassador Sanjay Sudhir. Lulu Financial Holdings Managing Director Adeeb Ahamed was also present at the event.