Canindia News

Kerala investor meet ends with promises of about Rs 1 lakh cr

Kochi, Jan 10 (IANS) Kerala Chief Minister Pinarayi Vijayan on Friday said that the two day investor meet ‘Ascend 2020’, organised by the state government, has received investment promises to the tune of Rs 98,708 crore have been made.

” Going by entrepreneur feedback, Rs 98,708 crores comes in as direct promise, while there are a couple of entrepreneurs whom we happened to miss at the event but have expressed their willingness to invest,” he said at the valedictory session of the event to huge cheers.

Overall, the two-day event received 164 investment proposals, with the single biggest promise came from the Abu Dhabi Investment Authority of investments over Rs 66,000 crore, besides various other projects worth Rs 32,008 crore from numerous other prospective investors.

Vijayan said that the government plans to meet the prospective investors individually and a team has been entrusted with this task.

“The government will seriously consider complaints against top officers who are indifferent or negative in their response to industrial investments. A meeting will be convened to sort out the matter by facilitating interaction between top bureaucrats and representatives of the investment community. There would not be any intermediaries between prospective entrepreneurs. One can apply directly at several levels starting from the village office to the Chief Minister’s Office,” he added.

–IANS

sg/vd

YOU MAY ALSO BE INTERESTED IN

7 Indians abducted in Libya released

CIEDITOR-SABRINA

IIFL dealer, 5 others barred from securities market for front running

CanIndia New Wire Service

India can become AI laboratory of the world: NITI Aayog CEO

CanIndia New Wire Service

India needs to move beyond exporting raw materials: Goyal

CanIndia New Wire Service

Growth in data tariffs, broadband reach show move towards higher ARPU

CanIndia New Wire Service

Three pvt banks in TN, Kerala hit headlines for wrong reasons

CanIndia New Wire Service

Stimulus, healthy macros expected to lift markets (IANS Equity Outlook)

CanIndia New Wire Service

‘CIRP threshold against personal guarantors should be raised’

CanIndia New Wire Service

Unscathed: Pent-up demand more sustained, predictable now, says Kia India (IANS Special)

CanIndia New Wire Service

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

SUBSCRIBE TO OUR WEEKLY NEWSLETTER

Stay up to date with the latest news and exclusive offers directly in your inbox