Goyal also underscored the crucial role of infrastructure in industrial growth, pointing out Kerala’s continued progress in maritime and other economic sectors.
Addressing the Invest Kerala Global Summit at the Lulu Bolgatty International Convention Centre in Kochi, Piyush. Goyal highlighted Kerala’s strengths in tourism, manufacturing, and logistics.(Photo by arrangement)
Kochi: Union Minister of Commerce and Industry Piyush Goyal has lauded Kerala as a highly attractive destination for global investments, assuring the Centre’s full support in the state’s development initiatives. Addressing the Invest Kerala Global Summit at the Lulu Bolgatty International Convention Centre in Kochi, Mr. Goyal highlighted Kerala’s strengths in tourism, manufacturing, and logistics.
“Kerala is at the forefront of development in multiple sectors. Whether it is the captivating rhythm of Kathakali or the rejuvenating wisdom of Ayurveda, the state has much to offer investors,” he remarked.
Expressing his surprise at Kerala’s 51 five-star hotels, Mr. Goyal said it was a matter of pride that the state is a global tourist magnet. He also underscored the crucial role of infrastructure in industrial growth, pointing out Kerala’s continued progress in maritime and other economic sectors.
Speaking on India’s economic landscape, Mr. Goyal emphasized the importance of cooperative federalism, where states and the Centre collaborate while maintaining a spirit of healthy competition. He noted that India contributes nearly 16% to global economic growth and that Kerala’s progress aligns with the country’s overall development trajectory.
The minister also touched upon India’s recent trade agreements with the UAE and Bahrain, asserting that such deals will benefit states like Kerala. Looking ahead, he revealed that India is set to begin discussions with the United States for a major trade pact and is also in talks with the European Union, the United Kingdom, Oman, and other countries.
“This is the time to seize the opportunity. Invest in India, invest in Kerala. Those who miss the boat may be left behind on the shore,” he urged potential investors.
“Kerala is at the forefront of development in multiple sectors. Whether it is the captivating rhythm of Kathakali or the rejuvenating wisdom of Ayurveda, the state has much to offer investors,” he remarked.
Expressing his surprise at Kerala’s 51 five-star hotels, Mr. Goyal said it was a matter of pride that the state is a global tourist magnet. He also underscored the crucial role of infrastructure in industrial growth, pointing out Kerala’s continued progress in maritime and other economic sectors.
Speaking on India’s economic landscape, Mr. Goyal emphasized the importance of cooperative federalism, where states and the Centre collaborate while maintaining a spirit of healthy competition. He noted that India contributes nearly 16% to global economic growth and that Kerala’s progress aligns with the country’s overall development trajectory.
The minister also touched upon India’s recent trade agreements with the UAE and Bahrain, asserting that such deals will benefit states like Kerala. Looking ahead, he revealed that India is set to begin discussions with the United States for a major trade pact and is also in talks with the European Union, the United Kingdom, Oman, and other countries.
“This is the time to seize the opportunity. Invest in India, invest in Kerala. Those who miss the boat may be left behind on the shore,” he urged potential investors.
( Source : Deccan Chronicle )
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