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Home » Kerala raises investment worth ₹1.18 lakh crore at WEF, says Industries Minister

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Kerala raises investment worth ₹1.18 lakh crore at WEF, says Industries Minister

India Times Now Desk
Last updated: January 23, 2026 2:38 pm
India Times Now Desk
Published: January 23, 2026
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Kerala has signed Expressions of Interest (EOIs) worth ₹1.18 lakh crore at the World Economic Forum in Davos, Industries Minister P. Rajeeve has said. The EOIs were signed with various companies from the US, UK, Germany, Spain, Italy and South Africa. Mr. Rajeeve said that it is the first time in history that Kerala is raising investment from the World Economic Forum.

The Kerala delegation held face-to-face discussions with representatives of 67 companies, out of which 27 companies have signed EoIs. The MoUs were signed with companies in the medical industry, renewable energy, data center and emerging technology sectors. Mr. Rajeeve said that 24% of the MoUs signed at the Invest Kerala Global Summit organised in Kochi last year have entered the construction stage.

The Kerala delegation, led by Mr. Rajeeve, also held a breakfast discussion with the CEOs of 22 major companies participating in the World Economic Forum. Investment opportunities in Kerala were introduced to major companies and international media.

Published – January 23, 2026 08:08 pm IST



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