Kerala to boost investments in digital technology sector: Rajeeve

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Kerala to boost investments in digital technology sector: Rajeeve

Kerala's government is intensifying efforts to attract investments in the digital technology sector, particularly in AI and robotics. Industries Minister P Rajeeve highlighted the state's strong foundation in digital initiatives, including e-governance and a thriving start-up ecosystem. The New Industrial Policy (2023) aims to position Kerala as a knowledge economy, focusing on sectors that enhance public facilities.

The emergence of robotics is expected to create new job opportunities, countering the perception that machines will replace human labor. As technology advances, the demand for robots in various sectors will increase, fostering growth in related industries. The government is actively engaging with investors to support start-ups, emphasizing the importance of AI and robotics in the state's economic strategy.

• Kerala prioritizes AI and robotics to boost economic growth.

• New Industrial Policy emphasizes knowledge economy and digital innovation.

Key AI Terms Mentioned in this Article

Artificial Intelligence (AI)

The focus on AI in Kerala's investment strategy highlights its potential to drive innovation and economic growth.

Robotics

The rapid emergence of robotics in Kerala is seen as a means to create job opportunities and enhance productivity.

Start-up Ecosystem

Kerala's thriving start-up ecosystem is crucial for fostering innovation in digital technology.

Companies Mentioned in this Article

Kerala State Industrial Development Corporation (KSIDC)

It plays a key role in organizing initiatives like the Robotics Round Table to attract investments in technology.

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