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.

Herbal Products (Amla, Triphala, and Tooth Powder)  Herbal Pellet (Tablet)  Herbal Oil (Hair Oil and Skin Oil)
Herbal Products (Amla, Triphala, and Tooth Powder) Herbal Pellet (Tablet) Herbal Oil (Hair Oil and Skin Oil)

Herbal products are medicines derived from plants. They are used as supplements to improve health and wellbeing, and may be used for other therapeutic...

Capacity :

Amla Powder (200 gms Per Pack): 1000 Packs/Day Triphala Powder (200 gms Per Pack): 1000 Packs/Day Tooth Powder (50 gms Per Pack): 4000 Packs/Day Tablets (50 NosPer Pack): 2000Packs/Day Hair Oil (200 ml Per Pack): 500 Packs/Day Skin Oil (20

Plant and Machinery cost:

Rs.28 lakhs

Working Capital :

-

Rate of Return (ROR):

31.00

Break Even Point (BEP):

56.00

TCI :

Cost of Project: Rs.295 lakhs

Cost of Project :

29500000

Undergarments (Men and Women)
Undergarments (Men and Women)

Undergarments or underwear are clothes worn under other clothes, often next to the skin. They keep outer garments from being soiled by bodily secretio...

Capacity :

Regular Silk & Cotton Panties: 1000 Pcs/Day Bikini Sets : 1000 Pcs/Day Brasseries (Wired): 1000 Pcs/Day Brasseries (Non Wired): 1000 Pcs/Day Briefs Men

Plant and Machinery cost:

Rs. 165 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project: Rs.462 lakhs

Cost of Project :

46200000

Polyester Fiber from Corn/Starch
Polyester Fiber from Corn/Starch

PLA has been utilized as biodegradable plastics for short-term use, such as rigid packaging containers, flexible packaging films, cold drink cups, cut...

Capacity :

Polyester Fiber : 80 MT/Day

Plant and Machinery cost:

Rs. 11660 lakhs

Working Capital :

-

Rate of Return (ROR):

14.00

Break Even Point (BEP):

54.00

TCI :

Cost of Project : Rs. 15974 lakhs

Cost of Project :

1597400000

PVC Pipes
PVC Pipes

PVC pipes are produced by extrusion process followed by calibration to ensure maintenance of accurate internal dia with smooth internal boxes. These p...

Capacity :

PVC Pipes (Size 1 inches): 510 MT/Annum PVC Pipes (Size 1.50 inches): 825 MT/Annum PVC Pipes (Sizes 2 inches): 1107 MT/Annum PVC Pipes (Size 2.50 inches): 1758 MT/Annum

Plant and Machinery cost:

Rs. 58 lakhs

Working Capital :

-

Rate of Return (ROR):

32.00

Break Even Point (BEP):

71.00

TCI :

Cost of Project : Rs. 184 lakhs

Cost of Project :

18400000

Liquid Urea-Formaldehyde Resin for Wood Application
Liquid Urea-Formaldehyde Resin for Wood Application

Urea-formaldehyde resin is a major commercial adhesive, especially within the forest products industry. It offers a number of advantages when compared...

Capacity :

Liquid Urea-Formaldehyde Resin: 8 MT/day

Plant and Machinery cost:

Rs.71 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

79.00

TCI :

Cost of Project: Rs. 209 lakhs

Cost of Project :

20900000

Workwear,  Uniform Clothing for factory (Thousers& High Visibility Long Sleeves Jackets)
Workwear, Uniform Clothing for factory (Thousers& High Visibility Long Sleeves Jackets)

Workwear is clothing worn for work, especially work that involves manual labour. Often those employed within trade industries elect to be outfitted in...

Capacity :

Trousers: 3000 Pcs/day High-Visibility Long Sleeve Jackets: 1000Pcs/day

Plant and Machinery cost:

Rs. 136 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

67.00

TCI :

Cost of Project : Rs1271 lakhs

Cost of Project :

127100000

Chilli Oleoresin
Chilli Oleoresin

Paprika oleoresin is a natural food colorant used to obtain a deep red colour in any food that has a liquid/fat phase. The oleoresin is slightly visco...

Capacity :

Chilli Oleoresin: 250 Kgs./day

Plant and Machinery cost:

Rs 75 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

60.00

TCI :

Cost of Project: Rs. 237 lakhs

Cost of Project :

23700000

Caffeine from Tea Waste
Caffeine from Tea Waste

Caffeine belongs to a family of naturally occurring compounds known as xanthines. The xanthines, which come from plants, are possibly the oldest known...

Capacity :

Caffeine: 20 MT/day

Plant and Machinery cost:

Rs. 350 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project: Rs. 2268 lakhs

Cost of Project :

226800000

Magnesium Sulphate (Fertiliser Grade)
Magnesium Sulphate (Fertiliser Grade)

Magnesium Sulphate is commercially available as heptahydrate, monohydrate, anhydrous or dried form containing the equivalent of 2-3 waters of hydratio...

Capacity :

Magnesium Sulphate (Fertiliser Grade): 24 MT/day

Plant and Machinery cost:

Rs. 147 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

56.00

TCI :

Cost of Project: Rs. 434 lakhs

Cost of Project :

43400000

Dehydrated Fruits
Dehydrated Fruits

Dehydration is a process by which shelf life of the fruits can be extended by evaporating water while preserving the taste.Dehydrated products can be...

Capacity :

Dehydrated Fruits: 400 Kgs./day

Plant and Machinery cost:

Rs. 1084 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

45.00

TCI :

Cost of Project : Rs1425 lakhs

Cost of Project :

142500000

High Temperature Aluminium Based Paint
High Temperature Aluminium Based Paint

Heat Resistant Aluminum Paint. 600°C. These paints can resist heat, flames, grease, rust and smoke, which make them ideal for specific applications.Pa...

Capacity :

High Temperature Aluminium Based Paint: 200 Kg/day

Plant and Machinery cost:

Rs 8 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

66.00

TCI :

Cost of Project : Rs. 52 lakhs

Cost of Project :

5200000

Bauxite Calcination (by Rotary Kiln with Fine Grinding Ball Mill)
Bauxite Calcination (by Rotary Kiln with Fine Grinding Ball Mill)

Calcined bauxite is an important raw material for two main markets: refractories and abrasives.Bauxite is a naturally occurring, heterogeneous materia...

Capacity :

Calcined Bauxite: 40 MT/day

Plant and Machinery cost:

Rs. 219 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

56.00

TCI :

Cost of Project: Rs766 lakhs

Cost of Project :

76600000

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