Kerala Seeks Over $14 Billion in New Industry Projects at World Economic Forum 2026

Kerala Seeks Over $14 Billion in New Industry Projects at World Economic Forum 2026

January 23, 2026

Kerala has announced plans to secure more than USD 14 billion in investment proposals for export-oriented units during the World Economic Forum (WEF) 2026 in Davos, aiming to attract global firms in renewable energy and other advanced sectors. Industries Minister P Rajeev said the state has engaged with over 60 potential investors at the summit as part of a strategy to convert high-value proposals into real projects.

Addressing delegates on the sidelines of the global meeting, Minister Rajeev said Kerala’s focus this year has shifted from simply presenting the state’s strengths to actively securing expression of undertakings (EOUs) worth more than USD 14 billion, with a significant portion expected to be in renewable energy, artificial intelligence, data centers, medical devices, electronics manufacturing and wellness services.

Rajeev highlighted that Kerala’s well-educated and skilled workforce gives it an edge in attracting advanced industries, including Global Capability Centers (GCCs). The state has already signed an EOU to establish two GCC hubs in Kochi and Thiruvananthapuram, and plans are underway to develop Kochi as a global city with strong technological infrastructure.

The minister noted that while other regions might offer larger land packages, Kerala’s transparency, readily available talent and clear regulatory environment make it appealing to foreign investors. Dedicated follow-up teams have been assigned to each investment proposal to ensure progress through to implementation.

Kerala’s renewed investment push at WEF 2026 reflects its broader ambition to become a hub for high-growth industries, expand its renewable energy base and strengthen its role in global export markets.