Emerging Kerala is the name given to a biennial investors summit held by the Government of Kerala in Kerala, India. The event is aimed at bringing together business leaders, investors, corporations, thought leaders, policy, and opinion makers.
The summit is advertised as a platform to understand and explore business chances in the State of Kerala.
Twenty-six sectors have been identified and the following project profiles have been prepared by various departments, PSUs & other agencies for showcasing in 'Emerging Kerala 2012'[1]
The first edition of the Emerging Kerala summit, was held from 12 to 14 September 2012 at the Le Meridien International Convention Centre, Kochi. The event was organised by the Kerala State Industrial Development Corporation (KSIDC), to highlight investment opportunities available in Kerala and advertise to the world its state of readiness to receive investors.[2]The Hon'ble Prime Minister of India Dr. Manmohan Singh inaugurated the three-day event.[3][4]
Several programmes were organised in connection with and leading up to Emerging Kerala 2012.[5]
These include:
Besides the inaugural session, the first Global connect had
The event as well as its associated programmes had the support of the Government of Kerala (GoK) and KSIDC, in addition to various trade and industrial bodies. The Confederation of Indian Industry (CII) and the National Association of Software and Services Companies (NASSCOM) were the event partners.
Outcomes of the meet
The meet could bring in 45 specific project proposals with an investment of over Rs.40,000 crore, including Bharat Petroleum Corporation Ltd.'s Kochi Refinery expansion and another joint venture project of Rs.18,000 crore; Volkswagen’s engine assembly unit (Rs.2,000 crore); hospital and pre-cast concrete structure manufacturing unit (Rs.570 crore); and solar energy plant (Rs.500crore).[6]
The Confederation of Indian Industry (CII) had announced the setting up of a Centre of Excellence in Entrepreneurship in the State. During the meeting, 43 business proposals were discussed between different departments of the State and companies from the U.K., the U.S., Japan, and Canada.
The Kerala State Investment Board will be set up by the Government of Kerala to speed up clearance for proposals. Necessary amendments would be made to the single-window clearance Act, including making the application process online.
The Kerala Industrial Infrastructure Development Corporation (KINFRA) would create one lakh sq ft built-up space in 16 months for incubators and complete the first phase of 25,000 sq ft by May 2013, making the world's largest telecom incubator. The State government plans to strengthen the entrepreneurial ecosystem by creating Technology Innovation Zone on about 10 acres in Kochi at an initial investment of Rs.100 crore.
A number of Mega projects are being conceptualized and developed in the State, the most prominent of which are as follows:[7]
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