The Confederation of Indian Industry will set up a centre of excellence for innovations that will focus on micro, medium and small enterprises in Kerala. This would be the first of its kind in the country, CII President and Godrej group chairman Adi Godrej said while addressing the 'Emerging Kerala' investors summit here today.

The centre would focus on innovations and entrepreneurship activities, besides working on capacity development. "The focus will be on hand holding MSMEs (Micro, Small and Medium Enterprises)," Godrej noted. However, financial details were not disclosed. Speaking at the summit, where nearly 1,900 delegates including foreign dignitaries are participating, Godrej said Kerala has in a big way leveraged its natural beauty and wellness for tourism.

The state has also promoted clean and green industry, he added. "With the state distinguishing itself in human development and inclusive growth, CII looks forward to working with the state government to place Kerala in the investment radar," Godrej said.