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INKEL to host business meet in Chennai to attract investment

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Press Trust of India Kochi
Last Updated : Aug 12 2016 | 3:28 PM IST
To attract potential investments for its infrastructure projects across Kerala, INKEL is hosting a business meet in Chennai this month.
INKEL Ltd (formerly Infrastructure Kerala Ltd) is a Public Private Partnership model company in which the state government holds 32 per cent stake, with the remaining shared between NRIs and public investors.
The INKEL 'Chennai Meet', scheduled to be held on August 26, will unveil various investment opportunities for companies in its business park and other new projects.
"Kerala is known for its pioneering role in attracting private investments by building a business-friendly environment. A recent survey showed that state's changing infrastructural landscape is attracting investment from Tamil Nadu. Our effort is to bring more 'green' category sectors to Kerala," said INKEL Managing Director T Balakrishnan.
The meet will discuss opportunities to invest in ready-to-occupy built-up space and developed land in its industrial parks and trade centres based in Kerala.
Around 120 investors, including representatives from the Indo-Tibetan Chamber of Commerce, Indo-French Chamber of Commerce are expected to participate during the day-long meet.

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"With the lining up of large scale projects such as Vizhinjam International Seaport, Kochi Metro, Smart City, Kannur International Airport, and the National Optical Fibre Network, we aim to project Kerala as the ideal destination for investment," Balakrishnan said.
"As part of the event, we have planned an interactive session for the investors with senior officials from Kerala.
Moreover, the participants of the Chennai Meet will be extended a special discount on tariff rate for space at INKEL Business Park," he added.
INKEL Ltd has introduced a single-window system to help entrepreneurs set up their businesses in Kerala.
All services, from guidance to implementation, will be taken up by INKEL. The streamlining is expected to revolutionise the industrial sector in Kerala.
INKEL, meanwhile, has also forayed into other areas such as solar engineering, facility management, advisory and consultancy, and modern agri farming.
The meet will also kick-start a series of similar exercises in key metropolitan cities including Bengaluru and Mumbai.

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First Published: Aug 12 2016 | 3:28 PM IST

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