Kerala Targets USD 14 Billion EOUs at WEF 2026, Renewables Lead Investment Push
Kerala aims to secure EOUs worth over USD 14 billion at WEF 2026, engaging more than 60 investors, with renewable energy and other knowledge-driven sectors forming the core of proposed investments.
January 23, 2026. By EI News Network
According to reports, Industries Minister P. Rajeev said on the sidelines of the summit that the state had engaged with more than 60 investors and potential investors, noting that this represented a shift from previous years, when Kerala had focused primarily on showcasing its investment potential rather than securing concrete commitments.
He added that this year’s strategy was centred on EOUs, with proposals worth over USD 14 billion expected to be signed during the summit. A significant share of the proposed investments was reported to be in renewable energy, artificial intelligence, data centres, medical devices, electronics manufacturing, and wellness services.
Rajeev reportedly noted that dedicated teams had been assigned to follow up on each EOU to ensure progress, and highlighted Kerala’s ambition to position itself as a hub for Global Capability Centres (GCCs). The state has already signed an EOU to establish GCC cities in Kochi and Thiruvananthapuram, with one of the world’s largest GCC providers backing the initiative.
Citing past performance, reports quoted Rajeev as saying that while the average conversion rate of MoUs signed at global summits in India is estimated at 10–15 percent, Kerala has been able to convert 24 percent of such commitments into the construction stage within 10 months, and aims to improve this further.
According to reports, the EOUs discussed at Davos are expected to move towards formal MoUs, followed by implementation, after detailed evaluation of the companies and proposals involved.
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