Industry keen to invest in Kerala: Pinarayi Vijayan

Kerala will soon formulate an industrial policy under which a single-window system will be put in place to clear investment applications while making it easy to do business in the state, Chief Minister Pinarayi Vijayan has said.

By :  migrator
Update: 2017-10-22 18:12 GMT

New Delhi

More than a year after his CPI-M-led Left Democratic Front (LDF) government came to power, he says corruption is a thing of the past in Kerala and industrialists are now keen to invest in the state. “We’re making policies towards ease of doing business. 

We’re formulating a policy where an industry would get clearance in a particular number of days after filing an application. It would happen soon. We are working towards making Kerala one of the best states in the country,” Vijayan said. He said corruption was a big problem in Kerala. 

“But now there is a common understanding that there is no corruption. Problems at the top level have been removed. Now industrialists are interested to come. And law and order situation is stable and people are ready to come to the state (for investment),” he said. 

Asked about new investments, Vijayan said information technology was one field where the state was lacking a bit because of the economic slowdown. “But new investments have been promised. Infosys has promised new investment and one other company has also come forward to invest in the state,” said the 73-year old CM, who talked about the hurdles that were impeding the progress. But, things were changing with some of the public sector units too turning profitable “Work is underway to make the rest profitable,” he added.

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