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CII to set up innovation centre in Kerala

Source : The Times of India
June 27, 2012

 

Date: 27th June 2012

KOCHI: The Confederation of Indian Industry (CII) will form a Centre of Excellence (CoE) on innovation, competitiveness and entrepreneurship in Kerala, said G V Sanjay Reddy, chairman, CII Southern Region, in a statement on Friday.

CII will organize 14 sectoral conferences during Emerging Kerala 2012 -the Global Connect Initiative scheduled to be held from September 12 to 14 in Kochi. "These sectoral conferences will deliberate on various policy issues that are relevant to propel the growth of the economy nationally as well as in Kerala," Reddy said. Kerala has become a preferred investment destination for investors, and old perceptions about Kerala being an investor-unfriendly state are changing, Reddy said.

CII, as an industry partner in Emerging Kerala, is looking to bring in CEOs and captains from across the globe to participate in the sectoral conferences aimed at showcasing investment opportunities available in Kerala. CEmerging Kerala is expected to give further impetus to the state's efforts to attract more global investment in emerging sectors such as aerospace, green energy, financial services, food and agro processing, ports, logistics and ship building, IT and biotechnology.

II has been giving top priority for skills development initiatives in the region and will set up ten skills development centres in the southern states with the support of industry and the Pan IIT Alumni Reach for India. CII has given a business plan to the state government to set up a construction skills academy in the state, Reddy said, adding that a skill gap study pertaining to the IT sector would also be conducted during the current year.

Kerala has drawn in investments of Rs 32,010 crore since June 2011, with Rs 20,620 crore in the energy sector, followed by infrastructure with Rs 8,765 crore and Rs 2,625 crore in other sectors.

As infrastructure is a key enabler of growth, CII has proposed an integrated logistics hub, connecting major ports in the southern states. Logistics hubs will bring in efficiency in transportation by way of integrated multimodal access and with an exclusive freight corridor.

CII would also advocate state-level reforms in the power sector, with more private sector participation, especially in distribution and generation, Reddy said.

 
 
 

 


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