Finance minister K N Balagopal said that Kerala will become a manufacturing hub if Vizhinjam port becomes a reality.
He was speaking after the inauguration of the first edition of Made in Kerala award ceremony of the state council of the Federation of Indian Chambers of Commerce and (FICCI) held Saturday.
It is expected that an Investment of Rs 60,000 crore will come to the state with the creation of a new development zone in the area from Vizhinjam to Paripally, the minister said. He said that the governments policy is to promote value-added products as much as possible.