Best Business Opportunities in Kerala- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Kerala, known as the ‘God’s Own country’ is an Indian state in the southwestern coastal region . Kerala is recognized for its natural beauty and high human development and literacy rates. More importantly, Kerala is one of the most developed states in India in terms of talented human resources, high social indicators, tourism, healthcare, and digital readiness. The state’s vibrant market, production hub, and high-consumption base signify the state’s energy and uniqueness. Kerala is remittance dependent and offers a sustainable development model. The Government of Kerala has set the stage with its Vision 2030 and Kerala Industrial and Commercial Policy 2023, which contain high-value industries, digital economy, green infrastructure investments, and support for MSMEs. Thus, Kerala has taken on a new role as the new strategic location for startups and investors.

Reasons to Start Industry in Kerala

  • Strategic Location and Trade Connectivity - Encompassing a coastline of 580 km, Kerala lies close to the international shipping path, which transformed the Middle East, Southeast Asia, and Africa into key export destinations. Additionally, with the Cochin, Vizhinjam, and Beypore ports, the state has direct maritime links to these regions that employ around 291 million persons altogether.
     
  • Highly skilled and educated workforce- The 91% literacy rate in Kerala is one of the highest in India, with a sizable group of proficient professionals knowledgeable in healthcare, IIT technologies, and services writ large. Considering this, such a workforce constitutes a strong pillar for both traditional and knowledge-based business.
     
  • Excellent infrastructure and logistics - Kerala has international airports in Thiruvananthapuram, Kochi, and Kannur, plus most highways lead to the Arabian Sea. As a result, extensive express roads and a rail system handle most of the transportation goods and services, while advanced ports package them for export.
     
  • Government support and ease of doing business- The Kerala State Industrial Development Corporation and the Kerala Industrial Infrastructure Development Corporation put forth single-window topics for consideration, SEZs, and sectoral industrial parks. Meanwhile, the investment facilitators displayed the KSIDC and the KINFRA consistently awarded the state a top ranking for ease of doing business. Green and sustainable policy environment

Availability of Raw Materials and Supporting Factors

  • Marine and Fisheries Resources- Resources such as fish and shrimp living in the ocean and backwaters are of great volume due to the state’s big coastline and beach. Here enterprises arise, carrying out processing and export of seafood, activities in aquaculture.
     
  • Forest and Herbal Resources- Here people get timber, medicine plants, bamboo, which grows in state forests. Furniture, Ayurvedic medicine, herbal cosmetics enterprises appear in Kerala. 

Why Select Industry for Startup in Kerala

To this extent, the data has provided entrepreneurs and investors with some sectors to consider that are highly potential depending on the comparative advantage of Kerala. They include; 

  • Agro-Processing & Food Industry- For example, the processing of coconut, spices, cashew, and marine products, and value-added food manufacturing like pickles, ready-to-eat meals, organic food, and beverages, cold chain logistics for fruits, vegetables, and seafood.
     
  • Tourism & Wellness Industry- For instance, Ayurvedic resorts, Ecologes, Homestays, and digital tourism platforms, medical and wellness tourism combining healthcare and hospitality and cruise tourism and backwater experiences.
     
  • Rubber & Coir-Based Industries like rubber products  gloves, footwear, tyres, mats, coir-based product furniture, ropes, home decor, export-oriented rubber and coir value chains. 

Market Demand

1. Indonesia’s increase in packaged foods, healthcare, digital services, and wellness tourism purchases fueled by increased purchasing power i.e. the country’s growing middle-class population were the countries that purchased more of the products and services in the prior period.

2. Thailand’s extract-based growth including seafood, spiced, and rubber at an export orientation i.e. the country prepared for the post-pandemic upsurge in demand and integration into the international market.

3. Rising demand from various countries for wellness tourism and ecotourism, which could reflect in supplements or expeditions if products are  supplements and cross-border or domestic in the others. 

4. The endorsement of crisis recovery and economic development leads to increased demand for travel. 

5. Growth in domestic demand for eco, bio, and context-based foods and environmentally friendly production lines. Many companies turned to energy obtained from renewable sources.

Government Support and Incentives

The following are offered by the Government of Kerala:

  •  Capital investment subsidies for MSMEs and Start-ups
  •  Tax rebates and exemptions to industries in backward districts
  •  Land and infrastructure support through KINFRA industrial Parks
  •  Interest subsidies and credit link incentives to women and youth entrepreneurs- Ease of doing business reforms, and single window clearance through KSIDC
  •  Export promotion support through Kerala State Industrial Enterprises- KSIE.

To sum up, Kerala is undeniably a synthesis of natural endowments, manpower, policy support, and potential for sustainable development. Be it agro-processing through tourism and wellness to information technology, health care, and renewable energy, investable opportunities in the low-risk state are bound to result in high rewards. Gunning for the future through its industrial policy and infrastructure and grounded on sustainability, Kerala is a venerable among India’s foremost hopefuls concerning the corruption of entrepreneurship and innovation and industrialization.

 

Best Business Opportunities in Kerala- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Please choose a project below related to this category.

Tea Blending and Packaging
Tea Blending and Packaging

The tea-plant, in its natural state, grows into a small or medium-sized tree, but in commercial plantations it is pruned and trained to form a many-br...

Capacity :

Fermented & PF Tea: 1000 Kgs./day Fermented & Green Tea: 1000 Kgs./day Green & PF Tea: 1000 Kgs./day Brick & PF Tea: 1000 Kgs./day

Plant and Machinery cost:

Rs 33 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

60.00

TCI :

Cost of Project: Rs 215 lakhs

Cost of Project :

21500000

LPG Cylinders
LPG Cylinders

Liquefied petroleum gas (LPG) is a term describing a group of hydrocarbon-based gases derived from crude oil and or natural gas. LPG Cylinder is an es...

Capacity :

LPG Cylinders (14.20 Kgs Size): 1000 Nos./day LPG Cylinders (19 Kgs Size): 1000 Nos./day

Plant and Machinery cost:

Rs 471 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

56.00

TCI :

Cost of Project: Rs 1113 lakhs

Cost of Project :

111300000

Coconut Oil from Copra
Coconut Oil from Copra

Copra is the dried flesh of coconuts. Copra is the richest source of edible oil. On dry weight basis, copra contains 65-70 per cent oil. Coconut oil f...

Capacity :

Coconut Oil: 9 MT/day Coconut Deoiled Cake by product: 6 MT/day

Plant and Machinery cost:

Rs. 127 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

63.00

TCI :

Cost of Project: Rs 448 lakhs

Cost of Project :

44800000

WPC Board
WPC Board

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded ma...

Capacity :

WPC Board: 16800 Kgs/day

Plant and Machinery cost:

Rs. 173 lakhs

Working Capital :

-

Rate of Return (ROR):

31.00

Break Even Point (BEP):

75.00

TCI :

Cost of Project: Rs 370 lakhs

Cost of Project :

37000000

IV Fluids (BFS Technology)
IV Fluids (BFS Technology)

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids...

Capacity :

IV Fluids (500 ml Bottle): 40000 Pcs/day

Plant and Machinery cost:

Rs 2734 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

48.00

TCI :

Cost of Project: Rs 3712 lakhs

Cost of Project :

371200000

Moringa Oleifera (Drumstick) Powder
Moringa Oleifera (Drumstick) Powder

Moringa or drum sticks is among the well-known vegetables being used in our food during its availability. It is commonly known as “Sejana”. Drumstick...

Capacity :

Drumstick (Moringa Oleifere) Powder: 2000 Kgs./day

Plant and Machinery cost:

Rs 38 lakhs

Working Capital :

-

Rate of Return (ROR):

31.00

Break Even Point (BEP):

72.00

TCI :

Cost of Project: Rs 92 lakhs

Cost of Project :

9200000

Disposable Plastic Syringes
Disposable Plastic Syringes

Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by re...

Capacity :

Disposable Plastic Syringes 2 ml Size: 60 Boxes/Day Disposable Plastic Syringes 5 ml Size: 60 Boxes/Day Disposable Plastic Syringes 10 ml Size: 40 Boxes/Day

Plant and Machinery cost:

Rs. 137 lakhs

Working Capital :

-

Rate of Return (ROR):

13.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project: Rs 307 lakhs

Cost of Project :

30700000

Baby & Adult Diaper and Sanitary Pads
Baby & Adult Diaper and Sanitary Pads

Modern disposable baby diapers and incontinence products have a layered construction, which allows the transfer and distribution of urine to an absorb...

Capacity :

Baby Diapers (4 Pcs.): 84000 Pkts./day Adult Diapers (4 Pcs.): 18000 Pkts./day Sanitary Pads (8 Pcs.): 48000 Pkts./day

Plant and Machinery cost:

Rs. 2167 lakhs

Working Capital :

-

Rate of Return (ROR):

32.00

Break Even Point (BEP):

42.00

TCI :

Cost of Project: Rs 4597 lakhs

Cost of Project :

459700000

Drinking Glasses - Juice & Water Glasses (Glassware)
Drinking Glasses - Juice & Water Glasses (Glassware)

Glassware In 2017, highest demand for glassware was seen in Asia Pacific. Riding on the back of the factors such as rapid development of easy to carr...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

PVC Extrusion Profile (Wiring Channel)
PVC Extrusion Profile (Wiring Channel)

Profile extrusion is extrusion of a shaped product that can be a variety of configurations but does not include sheet or film products. Profile extrus...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Auto Control Cables
Auto Control Cables

Automotive control cables are the most imperative parts of the automotive industry. These cables are used for control of mechanical movements in varie...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Glycerin Bath Soap (Pears Type)
Glycerin Bath Soap (Pears Type)

Soaps vary a great deal in terms of their ingredients. For example, while some soaps make your skin dry, other soaps are very moisturizing. Glycerin s...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

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