Kerala Secures Rs 1.18 Lakh Crore Investment at WEF Davos

• Kerala Industries Minister P Rajeev announced LoIs worth Rs 1.18 lakh crore signed at the World Economic Forum (WEF) in Davos, Switzerland.
• The state secured investments from 27 companies across the US, UK, Germany, Spain, Italy, and South Africa.
• Investments target sectors like medical technology, renewable energy, data centers, and emerging technologies.
• This marks Kerala's first time attracting investment directly from the WEF.
• Kerala's adoption of ESG policy, a first in India, is cited as a key incentive for new investments.

Why It Matters: Kerala attracted significant foreign investment at WEF Davos, marking a new era for the state's industrial growth.