Kozhikode / Kochi, NFAPost: Confederation Of Indian Industry Kerala State chapter has appointed Anil Balan and Mohammed Jamsheer to lead its North Kerala Zone.
According to the press release issued by CII Kerala, Anil Balan will be the new Chairman for the year of 2026 – 2027. Also, Mohammed Jamsheer is appointed as Vice Chairman.
Anil Balan, an industry veteran and specialised in the information technology sector, is the founder and Chief Operating Officer of Splendre Eyemag Pvt Ltd. Mohammed Jamsheer is the Director of Green Worms Eco Solution LLP.
CII Kerala State Council Chairman V K C Razak lauded the appointment of new officer bearers for CII North Kerala Zone.
“I am proud that Anil Balan and Mohammed Jamsheer, both veteran industry leaders from Kozhikode, are appointed as Chairman and Vice Chairman, respectively. Their appointments assume significance as North Kerala is going through massive industrialisation and we need micro-level intervention to do impactful works for the growth of industry in the region,” said CII Kerala State Council Chairman V K C Razak.
Expressing happiness over his appointment, North Kerala Zone Chairman Anil Balan said the region is witnessing a spurt in industrialisation backed by startup culture.
“We have an existing set of manufacturing companies in plywood, chappal and textile manufacturing in this region along with spice and marine goods export. But we have to harness industrial capabilities so that manufacturing in auto / defence components, engineering goods, electronics, toys, etc. can be enhanced,” said North Kerala Zone Chairman Anil Balan.
North Kerala Zone Vice Chairman Mohammed Jamsheer said the wealth generated by NRIs in North Kerala should be utilised for productive business activities and it will fuel GDP growth in the country.
“It is important to note that non-resident (NR) deposits in banks in the state crossed the Rs 3-trillion mark for the first time during December 2025. The spike to a symbolic threshold of Rs 3 – trillion mark underscores the state’s deep economic umbilical link with its global diaspora. It is high time that we should come up with policy initiatives to harness it for productive purposes. Besides employment creation, this NRK wealth can be used for making Kerala into true God’s Own Country as is the catchline of our tourism department,” said North Kerala Zone Vice Chairman Mohammed Jamsheer.
As on September 30, 2025, NR deposits stood at Rs 3,03,464.57 crore, up from Rs 2,86,987.21 crore three months earlier — an increase of Rs 16,476.79 crore, or 5.75%, in a single quarter. The rebound is particularly striking because the April-June quarter had seen a rare dip, when deposits slipped 2.31%, or Rs 6,634.92 crore — the first decline in several quarters.
It is a reality that the weakening of the rupee increases the effective value of foreign currency remittances, making investments and deposits in India more attractive. The broader macro backdrop reinforces that optimism. Remittances to India have staged a strong revival post-Covid, and Kerala continues to rank among the country’s biggest recipients — even as migration patterns diversify and newer corridors such as the US gain prominence alongside the Gulf.
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