Dismissing as baseless Kitex group chairman Sabu Jacob’s allegation that the in Kerala is not Industry-friendly, state industries minister P Rajeev on Wednesday said his government stands for “responsible Investment” and the southern state would be made a destination of such investments in few years.
Rajeev said the focus of the government is to attract green industries and IT-based industries in Kerala as land scarcity and environmental issues associated with it have been a problem in the state.
Elaborating on responsible investment, the minister said it is a strategy and practice to incorporate environmental, social and Governance (ESG) factors in investment decisions.