The two-day Invest Kerala Global Summit held at Kochi has received Expression of Interest (EoIs) for investments worth Rs 1,52,905.67 crore from 374 companies, said P Rajeeve, Minister for Industries, Law and Coir of Kerala government. Giving the presidential address at the valedictory function of the summit, he added that the companies have offered interest in establishing, expanding, diversifying, and reinvesting in the state. Further, 24 IT companies expressed their interest in expanding operations with an additional investment of nearly Rs 8,500 crore and additional employment of 60,000. About 66 companies have submitted EoI for investments to the tune of over Rs 500 crore, the Minister said. He further said the state government will form a special committee to draft new guidelines for plantation land use, while a minister-level committee will be set up to grant exemptions from land rules. It also plans to establish a fast-track mechanism to carry forward the EoIs made at the summit. To follow up on the same, a special dashboard and mechanism will be set up.