My team - mostly from Kerala - came to me en masse and told me not to, and this was long before Nokku Kooli became a well known thing.
Don't know or care whether it was during UDF/LDF or whatever rule.
A couple of years ago a major clothes manufacturer, founded in that state, packed up and left.
A parallel from WB: Tata's moved their automobile factory to Gujarat, which has since then shipped over a million cars.