Thiruvananthapuram: State govt on Wednesday launched new polocies on export promotion, logistics and ESG (environment, social and governance), alomg with a HI-Tech Framework. these initiatives are part of efforts to strengthen state’s industrial base and attract investments aligned with its New Industrial policy(NIP).
Industries minister P Rajeeve said the initiatives are intended to consolidate Kerala’s position as a destination for sustainable and technology-driven industries. he addressed a news conference where the frameworks were unveiled.
The ESG policy, described as the first of its kind among the states, aims to integrate sustainability, ethics and social responsibility into industrial growth. It proposes incentives such as tax concessions, subsiidies and credit support for businesses adopting ESG standards. A state level ESG monitoring cell will oversee implementation, with goals including carbon neutrality by 2050 and a full transition to renewable energy by 2040.
Export Promotion Policy 2025 stes a target of achieving USD 20 billion in exports by 2027-28 through diversification of products and strengthening export infrastructure.
It seeks to expand Kerala’s export profile beyond traditional sectors such as marine products and spices, adding high-value area like biotechnology, life sciences, defense manufacturing, electronics, ayurveda and IT-enabled services.
The policy also includes measures for skill development, market intelligence and brand building under a unified ‘Made in kerela’ identity.
Logistics Policy 2025 outlines plans to make kerela a multimodal Logistics hub with reduced costs and improved connectivity between industrial clusters, ports and airports. It propeses setting up Integrated Logistics Parks(ILPs) combing warehousing, cold storage and value-added service, expected to attract private investment and create around 50,000 Jobs.
Hi-Tech Framework 2025 provides a roadmap for positioning kerela as a innovation-based manufacturing hub. It identifies potential growth sectors including semiconductors, biotechnology, medical devices, aerospace and robotics. the frame work envisions hi-tech manufacturing parks and innovation clusters along the Kochi-Palakkad-Thiruvananthapuram corridor, with shared R and D incubation facilities.
