With an aim to bring a comprehensive development to Kerala, specially at the Panchayat level, by attracting investment in identified sectors, a two-day 'World Investors Meet' would be held by the state's business community here from July 24.    

Also Read   Related Stories News Now - Commodities to remain subdued as Chinese demand slows - Citigroup ups GDP growth for FY'10 from 5.5% to 6.8% - Bharti AXA Regular Return fund declares dividend - Weaker Dollar may revive demand for gold as alternative investment - Fund managers cash pile reduces to Rs 15,000 cr in May - Sustained water sector investment can help fuel growth: ADB   Also Read   Related Stories News Now - Sensex makes remarkable recovery, regains 17K - L N Mittal doubles his stake in Ophir Energy - Indian handicraft firms to participate in Munich fair - Microsoft eyes Indian smartphone mkt - RIL Hazira unit bags 'Excellent Energy Efficient Unit Award' More

The meet would invite global investors to explore the immense investment potential in the panchayaths of Kerala, K M Abdulla, Chairman, Kerala Chamber of Commerce and Industries (KCCI), the organisers, said.    

Investors would participate in business conclaves for sectors including tourism, IT, food processing, rural retail, media, infrastructure, financial services, education, electrical, electronics, light engineering, logistics, rubber and other agro based products, he said.    

KCCI had already completed a study in all the panchayats about the feasibility of starting new enterprises and also held detailed discussions with the stakeholders, he said.    

The meet has received encouraging responses from all corners and at a time when the economy is ruled by negative emotions, "optimism" has a great role to play and so "Focus Kerala is futuristic," he said.

The conclave aims at showcasing viable projects and creating opportunities for investors to interact with policy makers and successful entrepreneurs in each sectors, Abdulla said.    

Besides tremendous potential in tourism, the state has a highly developed healthcare delivery system and many key raw materials for the thriving of food processing sector, which has the potential to become a Rs 30,000 crore industry in less than a decade, he said.    

The chamber would act as a nodal agency for all the investors to get local clearances and liason with the government, he said.    

Inspite of being one of the primary destinations in the East for foreign traders since time immemorial, Kerala was branded for labour agitations and "indifference" in attitude of the public towards investors, he said.

Other Stories      - Sensex makes remarkable recovery, regains 17K - L N Mittal doubles his stake in Ophir Energy - Indian handicraft firms to participate in Munich fair - Microsoft eyes Indian smartphone mkt - RIL Hazira unit bags 'Excellent Energy Efficient Unit Award' More

Tags : Kerala | investment | stakeholders   Read Business news in  Advertisements   Get financial advisory and solutions for your projects   Holidays starting at a delightful EMI of Rs 3481   Switch on and say hello to Monday morning !   Your dream home can now be a reality.   Visit Fortis for a preventive health check-up & get a 20% discount.   Follow the ups and downs of your investments. Try our new Portfolio Tracker   Kolkata Dock \ Freight contract for the British Gurkhas Nepal   Find how Midsize Businesses use ERP to gain competitive advantage   Trading in Forex is now as easy as 1-2-3   Discover an economical and cost effective way to market your products and services   Giftwithlove.com: Same day delivery of Flowers and Cakes to India   Download the E-book on the Future of Business Intelligence   Learn Best Practices for improving customer satisfaction   Know your customers better... download the free e-book on CRM