Kerala experienced a significant surge in Foreign Direct Investment (FDI) during the fiscal year 2024–25, with inflows more than doubling to ₹3,300 crore from ₹1,633 crore the previous year. This growth elevated Kerala to the ninth position among Indian states, accounting for 0.79% of the nation's total FDI. The Information Technology (IT) sector was a major contributor, attracting investments from companies like Vensure, KAISEMI, Armada, and dSPACE. Industries Minister P. Rajeeve expressed optimism that initiatives such as the Global Capability Centre and Genome City, along with commitments from the Invest Kerala Global Summit 2025, will further enhance FDI inflows in the coming years.