Keralam Chief Minister V D Satheesan with Elias George, Chairman, Federal Bank and KVS Manian, MD and CEO at 18th K P Hormis Memorial lecture on Friday.

Keeping pace with the changing needs of the modern era, Keralam Chief Minister V D Satheesan has stressed the need for a comprehensive transformation of the State across key sectors, including education, healthcare, tourism, sports, public welfare, elderly care and women’s safety.

The State already possesses infrastructure and social amenities comparable to those in several western countries, Satheesan said, emphasising the need to utilise these resources more efficiently.

He also stressed the importance of transforming Keralam’s geographical and demographic challenges into opportunities for growth, while creating greater opportunities for the youth and ensuring the welfare of senior citizens.

The Chief Minister was delivering the 18th K P Hormis Memorial Lecture, hosted by Federal Bank, on the topic “Reimagining Kerala”.

According to Satheesan, the State should move beyond its traditionally recognised development achievements and create a distinctive model of development capable of redefining growth across sectors.

‘Festival Kerala’

As part of this vision, he announced plans to organise ‘Festival Kerala’, initially in different parts of the country and subsequently at international locations.

The initiative will showcase Keralam’s heritage, art, culture and traditions, while also providing a platform to highlight the State’s entrepreneurs, investment opportunities, tourism potential and talent to audiences in India and across the world.

Festival Kerala would go beyond being a cultural showcase and serve as a platform for investment promotion, tourism, entrepreneurship and presenting Kerala’s capabilities to a wider global audience, he added.

The Chief Minister also appreciated Federal Bank’s contribution to the development of Kerala and called for its continued participation in efforts to reimagine the State and drive its transformation across sectors.

Elias George, Chairman, Federal Bank, welcomed the gathering, while KVS Manian, Managing Director & CEO, proposed the vote of thanks.

Published on October 2, 2026