Misgivings about Kerala’s suitability as an investment destination are being cleared through new initiatives and plans, Governor Arif Mohammed Khan has said.
He was speaking after releasing the ‘Kochi Declaration’, drawn up at the end of the two-day conference organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) in collaboration with the Kerala State Industrial Development Corporation (KSIDC) in Kochi on Friday.
Mr. Khan said the positive change was evident in the large number of registrations in the State’s MSME sector recently. “Fifty of our young start-ups mentored by the Kerala Startup Mission fared well at GITEX Global 2023 hosted by Dubai recently. As a State with high literacy rate and social awareness, people aspire for a better quality of life, which they expect to achieve from work. Often this is mistaken as a demand for exorbitant wages, which is something endemic to Kerala, making some industrialists and investors migrate to other States,” he said.
