Kerala launches web portals to ease investment processes, promote good practices
Portals will bolster investment, ensure transparency: Minister Rajeeve
Trivandrum / November 6, 2023
Thiruvananthapuram, Nov. 06: In a major initiative to streamline investment processes and promote responsible industrial practices, Kerala today launched two digital facilities for investors---Invest Kerala web portal and Kerala Responsible Industry Incentive Scheme portal.
Minister for Industry, Law and Coir, Shri P Rajeeve, unveiled the web portals at a function on the sidelines of Keraleeyam at Putharikandam Maidan in the city.
As one-stop solutions for investors, these portals will provide all information regarding the processes and protocols for making investments and the state’s priorities in industrial sector in a comprehensive and easy to access manner, Shri Rajeeve said.
The launch of these portals reflected the government’s commitment to fostering a robust, transparent and ethical business environment, which will contribute substantially to the economic development by attracting more investment, as envisaged by the Industrial Policy 2023.
The policy has laid emphasis on expediting industrial growth in a sustainable manner. The industries that make the best use of the human resource available in the state will get priority, the Minister said, adding he was confident that these digital facilities will together bolster investment and investors will respond positively to the initiative.
The Invest Kerala portal---https://www.invest.kerala.gov.in/-- is designed as a one-stop solution for entrepreneurs on all matters related to investment for obtaining assistance, getting reply to queries and accessing essential documents needed for setting up and expanding enterprises.
Kerala Responsible Industry Incentive Scheme portal -- http://kriis.kerala.gov.in/ -- will provide information on subsidies and incentives announced to promote sustainable and responsible industrial practices announced in the Kerala Industrial Policy 2023.
The portal facilitates industries to access these incentives by meeting specified criteria to contribute to the state’s commitment to promote environmentally responsible and socially beneficial industrial growth.
The launch of these portals marks the leveraging of digital technology in a big way in strengthening the investment promotion in the state, Kerala State Industrial Development Corporation (KSIDC) Executive Director Smt Annie Jula IAS said.
Additional Director DI&C Dr K S Kripakumar, Board for Public Sector Transformation Executive Chairman Shri K Ajith Kumar, KINFRA MD Shri Santhosh Koshi Thomas, KSSIA State Vice President Fasiludeen and KSIDC Assistant General Manager (Investment Promotion) Smt Suni P S spoke.
