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Thiruvananthapuram, Nov 7 – Kerala has taken a significant step towards streamlining investment processes and promoting responsible industrial practices with the launch of two digital facilities for investors – the Invest Kerala web portal and the Kerala Responsible Industry Incentive Scheme portal.
Minister for Industry, Law, and Coir, P Rajeeve, unveiled the web portals at an event on the sidelines of Keraleeyam at Putharikandam Maidan in the city. These portals aim to serve as one-stop solutions for investors, providing comprehensive and easily accessible information on investment processes, protocols, and the state’s industrial priorities.
The Invest Kerala portal (https://www.invest.kerala.gov.in/) will function as a comprehensive resource for entrepreneurs, offering assistance, responses to queries, and access to essential documents required for setting up and expanding enterprises.
The Kerala Responsible Industry Incentive Scheme portal (http://kriis.kerala.gov.in/) will furnish information on subsidies and incentives announced to promote sustainable and responsible industrial practices, aligning with the goals outlined in the Kerala Industrial Policy 2023. Industries meeting specified criteria for environmentally responsible and socially beneficial practices can access these incentives.
Minister Rajeeve expressed confidence that these digital initiatives would strengthen the business environment, attracting more investments and contributing to economic development as envisioned by the Industrial Policy 2023. The policy emphasizes sustainable industrial growth, prioritizing industries that effectively utilize the state’s human resources.
The launch of these portals represents a significant leap in leveraging digital technology to enhance investment promotion in the state, said Annie Jula IAS, Executive Director of the Kerala State Industrial Development Corporation (KSIDC). Other dignitaries present at the launch included Dr. K S Kripakumar, Additional Director DI&C, K Ajith Kumar, Executive Chairman of the Board for Public Sector Transformation, Santhosh Koshi Thomas, MD of KINFRA, Fasiludeen, State Vice President of KSSIA, and Suni P S, Assistant General Manager (Investment Promotion) at KSIDC.