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.

Bakery Products (Cake & Filled Croissants Puffs)
Bakery Products (Cake & Filled Croissants Puffs)

Bakery holds an important place in food processing industry and is a traditional activity.Bakery products, due to high nutrient value and affordabilit...

Capacity :

Cakes (200 gm): 720000 Pcs./Day Filled Croissants Puffs (60 gm): 480000 Pcs./Day

Plant and Machinery cost:

Rs.540 lakhs

Working Capital :

-

Rate of Return (ROR):

33.00

Break Even Point (BEP):

35.00

TCI :

Cost of Project: Rs. 12913 lakhs

Cost of Project :

1291300000

Soft Gelatin Capsules
Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared b...

Capacity :

Soft Gelatin Capsules: 3120000Nos./Day

Plant and Machinery cost:

Rs. 649 lakhs

Working Capital :

-

Rate of Return (ROR):

35.00

Break Even Point (BEP):

31.00

TCI :

Cost of Project: Rs. 10871 lakhs

Cost of Project :

1087100000

Cement Plant
Cement Plant

Cement is the binder component of concrete, the glue that holds the filler together to create a uniform, strong material. The filler in concrete consi...

Capacity :

Cement: 1000 MT/Day

Plant and Machinery cost:

Rs. 1732 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

57.00

TCI :

Cost of Project: Rs. 3952 lakhs

Cost of Project :

0

Residential Apartment
Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building o...

Capacity :

312 Nos./Annum

Plant and Machinery cost:

0

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

Cost of Project: Rs 10676 lakhs

Cost of Project :

0

Residential Apartment
Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building o...

Capacity :

312 Nos./Annum

Plant and Machinery cost:

0

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

Cost of Project: Rs 10676 lakhs

Cost of Project :

0

Chocolate, Toffee and Candy Industry
Chocolate, Toffee and Candy Industry

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand.Chocolate is a key ingredient i...

Capacity :

Chocolate: 2000 Kgs./Day Toffee: 500 Kgs./Day Candy: 500Kgs./Day

Plant and Machinery cost:

Rs.305 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

36.00

TCI :

Cost of Project: Rs. 1058 lakhs

Cost of Project :

105800000

Cow Urine (Gomutra)Processing and Packing
Cow Urine (Gomutra)Processing and Packing

Gomutra is not a toxic waste material. 95% of it is water, 2.5% consists of urea, and the remaining 2.5% is a mixture of minerals, salts, hormones and...

Capacity :

Distilled Cow Urine (Gomutra): 2000Lts./Day

Plant and Machinery cost:

Rs.22 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

68.00

TCI :

Cost of Project: Rs.187 lakhs

Cost of Project :

18700000

Biodegradable Plastic Bags from Corn Starch
Biodegradable Plastic Bags from Corn Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecul...

Capacity :

Biodegradable Plastic Bags (Per Bag 25 gms wt.) : 360 MT/Annum

Plant and Machinery cost:

Rs 298 lakhs

Working Capital :

-

Rate of Return (ROR):

25.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project : Rs 606 lakhs

Cost of Project :

60600000

Dry Lemon Powder and Lemon Oil
Dry Lemon Powder and Lemon Oil

Spray dried lemon juice powder was used to enhance the acceptability and nutritive value.It reserves the most of bioactive ingredients of lemon and al...

Capacity :

Lemon Powder: 32 MT/Day Lemon Oil: 12 MT/Day

Plant and Machinery cost:

Rs. 721 lakhs

Working Capital :

-

Rate of Return (ROR):

33.00

Break Even Point (BEP):

51.00

TCI :

cost of project Rs.1983 lakhs

Cost of Project :

198300000

HDPE and uPVC Pipes
HDPE and uPVC Pipes

HDPE resins with low ductility can lead to unexpected cracking in the pipe. These HDPE pipes and fittings have a high degree of corrosion resistance,...

Capacity :

HDPE Pipes: 5 MT/Day uPVC Pipes: 11 MT/Day

Plant and Machinery cost:

Rs. 385 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

56.00

TCI :

Cost of Project: Rs. 720 lakhs

Cost of Project :

72000000

Bioplastic Carry Bags and Garbage Bags
Bioplastic Carry Bags and Garbage Bags

BioPlastic shopping bags, carrier bags, or plastic grocery bags are a type of bioplastic bag used as shopping bags and made from various kinds of biop...

Capacity :

Bioplastic Carry Bags (8"x16") Size: 3500 Kgs/Day Bioplastic Garbage Bags (950x810 mm) Size: 1500 Kgs/Day

Plant and Machinery cost:

Rs. 62lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

60.00

TCI :

Cost of Project: Rs 396 lakhs

Cost of Project :

39600000

Bioplastic Film
Bioplastic Film

Biodegradable plastics are the type of plastics that undergo decomposition over a period of time under composting conditions.A bioplastic is a plastic...

Capacity :

Bioplastic Film 25 Micron: 5000Kgs/Day

Plant and Machinery cost:

Rs. 184 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

60.00

TCI :

Cost of Project: Rs. 616 lakhs

Cost of Project :

61600000

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