Kerala is actively pursuing more than USD 14 billion in investment commitments at the World Economic Forum (WEF) 2026 in Davos, with a strong emphasis on artificial intelligence, renewable energy and other knowledge-driven sectors, state officials announced on Friday. This move reflects the state’s evolving strategy to attract global capital for future industries and sustainable development.
Addressing investors and stakeholders on the sidelines of the annual global summit in Switzerland, Kerala Industries Minister P Rajeev highlighted that the delegation has engaged with over 60 potential investors and partners this year, a significant increase in outreach compared with previous forums. The focus this time is on securing Expressions of Undertaking (EOUs) worth above USD 14 billion, aimed at translating interest into firm commitments that can drive economic activity in the state.
Most of these investment proposals are concentrated in high-growth sectors including renewable energy, AI and data centres, medical devices, electronics manufacturing, wellness services, and other knowledge-based industries. Rajeev stressed that Kerala’s skilled workforce, robust infrastructure and commitment to transparency give the state a competitive advantage over other regions seeking global capital.
Significant plans discussed include the establishment of Global Capability Centres (GCCs) in Kochi and Thiruvananthapuram, which are expected to house international firms and foster innovation hubs leveraging Kerala’s human capital and technological strengths. The state also aims to develop a global city in Kochi and further strengthen its tech parks to support long-term growth and investor confidence.
Officials noted that the investment proposals come from a diverse set of global markets, including the US, UK, Germany, Italy, Spain and Africa, underlining Kerala’s broad appeal to international business communities. While such forums often yield initial commitments, converting them into actual projects will be key to realizing the economic impact and employment opportunities these investments promise.
News as reported
