November 19, 2024
1 min read

Kerala to host Vizhinjam Conclave 2025 

The summit will spotlight the untapped potential of Vizhinjam International Seaport, positioning it as a key player in global trade and economic activity…reports Asian Lite News

Kerala is set to host a landmark two-day global investment summit, Vizhinjam Conclave 2025: Global Investment Summit, on January 29 and 30, aiming to propel the state’s industrial sector into a transformative phase. 

The summit will spotlight the untapped potential of Vizhinjam International Seaport, positioning it as a key player in global trade and economic activity. The event is expected to create significant employment opportunities—up to ten times the direct jobs generated by the port—through related industries and infrastructure, according to an official statement. 

Organized by the Kerala State Industrial Development Corporation (KSIDC) and Vizhinjam International Seaport Limited (VISL), in partnership with the Trivandrum Chamber of Commerce and Industry (TCCI), the summit seeks to diversify Kerala’s industrial landscape and align with India’s maritime ambitions. 

Key investment opportunities to be explored include container freight stations, logistics parks, equipment repair units, and warehousing facilities. Additionally, the Outer Area Growth Corridor Project will be a focal point, showcasing its potential as an industrial hub catalyzed by the port’s operations. 

The event will feature interactive sessions with investors, mentoring for local enterprises, and discussions on policies aimed at fostering confidence and collaboration. International and domestic industry leaders will share best practices, making it a platform for global networking and partnerships. 

Efforts to integrate local communities into this industrial shift will be central to the conclave, ensuring inclusive growth alongside industrial advancement. 

ALSO READ: World Bank to support Kerala farmers to adapt climate impacts

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