KERALA INDUSTRIES MINISTER
Kerala unveils slew of sops to promote AI; focused policy on anvil
Kerala introduces comprehensive AI policy to position itself as a leading Gen AI hub. The state plans to establish an AI Cluster, provide financial assistance to startups, and promote AI adoption in various sectors. Global Investors Meet scheduled for 2025 in Kochi.
Vizhinjam port dream comes to life as it welcomes first cargo ship
India has officially welcomed its first cargo ship at its newly built semi-automated transshipment port in Vizhinjam, Kerala. The first mothership, "San Fernando," arrived on July 11 and was greeted by four tugs. The port, constructed under a public-private partnership model, is expected to become India's first semi-automated port, expected to be fully commissioned in September or October 2024. The project was delayed due to land acquisition issues.
Kerala teams up with IBM to host Gen AI conclave at Kochi on July 11-12
The conclave is intended to establish a platform for business decisions, learning, networking, and partnerships, benefiting various enterprises, including technology-based startups and MSMEs. IBM leadership, industry thought leaders and Indian tech business leaders will share their insights and future vision for AI, the minister informed ET.
Vikram Sarabhai Space Center & K Space ink pact on functioning of space park
The Vikram Sarabhai Space Center (VSSC) and Kerala Space Park (K Space) signed a memorandum of understanding (MoU) on Saturday in the presence of Chief Minister Pinarayi Vijayan. Under the MoU, VSSC scientists will join K Space's advisory committees to provide technical guidance. K Space aims to attract investments and support the development of the space sector, fostering manufacturing and servicing of advanced space products.
Karnataka: No link between electoral results and fuel price hike, says CM Siddaramaiah
Chief Minister Siddaramaiah denied a link between election results and petrol and diesel price hikes, despite a backlash from citizens. He acknowledged the Congress's loss in Vijayapura and the BJP's drop in seats. Petrol and diesel prices were reduced after the Centre cut autofuel taxes.
Kumaraswamy says he will take businesses into confidence & focus on adding jobs
The JDS leader, who spoke to the media in Delhi soon after the portfolios were announced, said he believed India’s development hinged on his portfolio. There were lots of expectations from the government in the manufacturing sector, he said, while thanking the PM for giving him such a crucial ministry by reposing faith in him.
As LDF Govt hits 3-yr mark, CM highlights feats of Kochi Water metro, highways, industrial growth
Kerala's Chief Minister Pinarayi Vijayan, leading the Left Democratic Front (LDF) government, celebrated the state's three-year progress. Achievements include advancements in the IT sector, startup industry, and public welfare schemes, showcasing Kerala as a model for governance and quality of life.
NDA is already near 200 seats, on track to get past 400: Amit Shah
Union Home Minister Amit Shah is confident that the BJP will achieve its 400-paar figure this election and says the party would win up to 200 of the 283 seats in the first three phases alone. In an interview with Rahul Tripathi and Pranab Dhal Samanta, he says that elections will be held in Jammu & Kashmir ‘according to court dates’ and opposes any reservation based on religion. Excerpts:
India can't, in the name of open economy, open up its national security to work with China: S Jaishankar
From the big shifts in foreign policy under the Modi government, the China challenge to CAA and the heat and dust of electoral politics, External Affairs Minister S Jaishankar touched on a range of topics in a freewheeling discussion at the ET Roundtable.
Thousands of Keralites working in IT cos in Bengaluru: Karnataka Minister tells Kerala counterpart, objecting to his offer of water to IT giants in coastal state
ET had, on March 27, reported about the Kerala Industries department writing to top-tier technology companies in Bengaluru to consider the coastal state for expansion.
In Kerala, three actors draw swords in Lok Sabha poll battle
Kerala is gearing up for a pivotal moment of democratic expression, with three prominent actors entering the political ring. Suresh Gopi, a star candidate of the BJP, is contesting from the Thrissur constituency on a BJP ticket, while M Mukesh, a sitting Left MLA, is contesting from the Kollam Lok Sabha seat. The saffron party has fielded its leader and actor G Krishnakumar to take on Mukesh in Kollam and UDF candidate N K Premachandran, who represents the Kollam seat currently.
Tripura Chief Minister Manik Saha laid the foundation stone of state’s first tea auction centre
After laying the foundation stone of the proposed tea auction center, the Chief Minister said on the X: “A leap towards development of tea industry in Tripura. Today laid the foundation stone of Agartala Tea e-Auction Centre was laid at Gurkhabasti complex. This will largely benefit the tea growers of the State & take Tripura tea to new heights”
Kerala CM Pinarayi Vijayan launches India's first state-owned OTT platform
"Private OTT platforms give prominence to films in the most widely spoken language since their prime motive is to maximise profit. The priority of CSpace, on the other hand, is to onboard and stream contents with artistic and cultural values. This will also help the promotion of the Malayalam language and culture," Vijayan said.
Kerala to launch India's first govt-owned OTT platform on Mar 7
Kerala is set to launch CSpace, India's first government-backed OTT platform, on Thursday. The platform aims to provide informative and entertaining content tailored to the masses. The launch will take place at Kairali Theatre on March 7 at 9.30 am. CSpace is managed by the Kerala State Film Development Corporation (KSFDC), a state-owned company responsible for promoting Malayalam cinema and industry.
Union government's attitude affected our finances: Kerala Finance Minister KN Balagopal
Kerala Finance Minister KN Balagopal presented the state budget amid a poor financial situation caused by the Union government's attitude and a nation-wide slowdown. The budget focuses on new employment generation, developmental activities, and education facilities to attract talent back to the state. Balagopal emphasized the need to make Kerala an education hub and proposed developmental activities around the upcoming Vizhinjam port. He advocated for the creation of special economic zones to attract investments. The Finance Minister highlighted the difficulties faced by the state in receiving proper allocations from the Union government and called for a positive attitude and cooperative federalism. He expressed concern over the reduced revenue allocation and the impact of GST on state income.
Kerala Budget 2024 Highlights: Liquor, power tariff to go up
Kelala Budget 2024 Highlights: Kerala Finance Minister KN Balagopal presented the state budget for 2024-25, focusing on key sectors and initiatives. The budget includes allocations for Sabarimala master plan, MSME sector, cashew sector, and addressing flash floods in Kochi. It also emphasizes the development of the Zoological park in Thrissur and the establishment of a Tiger safari park in Kozhikode. Other highlights include the promotion of sandalwood cultivation, investments in soil protection and safe vegetable projects, and rehabilitation of coastal areas.
PM Modi visits Guruvayur Temple in Kerala; set to unveil maritime megaprojects
During a two-day visit to Kerala, Prime Minister Narendra Modi inaugurated transformative projects in Kochi, valued at over Rs 4,000 crore. These initiatives strategically strengthen India's maritime capabilities, including the New Dry Dock and the International Ship Repair Facility by Cochin Shipyard Limited, alongside the LPG Import Terminal managed by Indian Oil Corporation Limited. The projects signify a leap in shipbuilding and energy infrastructure, promising economic growth, job creation, and environmental sustainability. Union Minister Sarbananda Sonowal reviewed preparations, highlighting the national significance of these endeavors.
Gujarat, Kerala, Karnataka best performing states in developing startup ecosystem: DPIIT ranking
Gujarat, Kerala, and Karnataka have been ranked as the best states in developing startup ecosystems for budding entrepreneurs, followed by Tamil Nadu and Himachal Pradesh. Maharashtra, Odisha, and Telangana are also top performers. The rankings were released by Commerce and Industry Minister Piyush Goyal for 2022.
Kerala contributed immensely in making India third largest startup ecosystem: Nirmala Sitharaman
"India has the third largest startup ecosystem in the world and Kerala has contributed with the number of startups in it. There's immense scope in Kerala's coastal area, its spices and knowledge-economy. Kerala is contributing immensely towards India's fintech industry too," Sitharaman said.
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