Kerala Green Hydrogen Valley Project Recognized at World Economic Forum
Key Ideas
- The Kerala Green Hydrogen Valley project has been acknowledged by the World Economic Forum as one of the top 13 industrial clusters globally.
- The project aims to reduce carbon emissions in key sectors such as refineries, fertilizers, transportation, chemicals, and exports with an anticipated investment of around USD 30 million.
- Kerala's delegation, led by Industries Minister P Rajeeve at Davos, attracted significant interest from industry leaders, paving the way for increased investment prospects at the upcoming Invest Kerala Global Summit in Kochi.
- Kerala's participation in the WEF marked the first time the state had a platform at the event, alongside five other states, showcasing its commitment to sustainability and attracting international attention.
The Kerala Green Hydrogen Valley project has gained global recognition after being listed as one of the top 13 industrial clusters by the World Economic Forum. Led by Industries Minister P Rajeeve, Kerala's delegation at Davos highlighted the state's commitment to sustainability through initiatives like the Green Hydrogen Valley project, aimed at reducing carbon emissions in critical sectors. The project, with an expected investment of USD 30 million, targets sectors such as refineries, fertilizers, transportation, chemicals, and exports. The state's presence at Davos not only increased visibility but also attracted interest from industry leaders looking to invest in Kerala. The upcoming Invest Kerala Global Summit in Kochi is expected to further drive investment opportunities. Despite facing space constraints, Kerala's pavilion at the WEF managed to attract delegations from countries like Saudi Arabia, Bahrain, and Switzerland. The Bahrain group, in particular, has expressed interest in attending the Kochi summit, indicating growing international collaboration. This recognition at the WEF marks a significant milestone for Kerala, illustrating its emergence as a key player in sustainable industrial development.