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.

Disposable Plastic Syringes with Needles
Disposable Plastic Syringes with Needles

The hypodermic syringe, also known as the hypodermic needle, is a device used by medical professionals to transfer liquids into or out of the body.A s...

Capacity :

Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 82000 Th.Nos./annum

Plant and Machinery cost:

Rs. 2410 lakhs

Working Capital :

-

Rate of Return (ROR):

21.00

Break Even Point (BEP):

17.00

TCI :

Cost of Project: Rs14240 lakhs

Cost of Project :

1424000000

Zinc Sulphate
Zinc Sulphate

Zinc sulphate is a very water soluble, transparent, colorless, crystalline compound. It is commonly used as the heptahydrate, ZnSO4 •7H2O, and is comm...

Capacity :

Zinc Sulphate 33%: 2 MT/day Zinc Sulphate 21%: 3 MT/day Zinc Sulphate 12% Soln. : 5 MT/day

Plant and Machinery cost:

Rs 146 lakhs

Working Capital :

-

Rate of Return (ROR):

32.00

Break Even Point (BEP):

62.00

TCI :

Cost of Project: Rs 237 lakhs

Cost of Project :

23700000

Zinc Chloride
Zinc Chloride

Zinc Chloride (ZnCl2) is available as white, crystalline powder, odourless, moulded in pencils or porcelains like mass.Zinc chloride is the name of ch...

Capacity :

Zinc Chloride from Zinc Ash: 9MT/day Zinc Chloride from Zinc Oxide: 1 MT/day

Plant and Machinery cost:

Rs. 146 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

65.00

TCI :

Cost of Project: Rs. 246 lakhs

Cost of Project :

24600000

Sanitary Napkins
Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile.In addition to sanitary napkins non-woven fabric is also us...

Capacity :

Sanitary Napkins: 172800Pcs./day

Plant and Machinery cost:

Rs 257 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

44.00

TCI :

Cost of Project: Rs 674 lakhs

Cost of Project :

67400000

Recovery of Lead from Scrap Batteries
Recovery of Lead from Scrap Batteries

The recovery of metals from metal scrap has the advantage that it is easier and far less energy dependent than the production of primary lead from ore...

Capacity :

Lead Ingot: 8 MT/day

Plant and Machinery cost:

Rs 96 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

54.00

TCI :

Cost of Project: Rs 370 lakhs

Cost of Project :

37000000

Sanitary Napkins
Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile.In addition to sanitary napkins non-woven fabric is also us...

Capacity :

Sanitary Napkins: 23040Pcs./day

Plant and Machinery cost:

Rs 38 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

51.00

TCI :

Cost of Project: Rs.127 lakhs

Cost of Project :

12700000

IV Fluids in Plastic Bottles (IV Solution Automatic System)
IV Fluids in Plastic Bottles (IV Solution Automatic System)

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. 2658 lakhs

Working Capital :

-

Rate of Return (ROR):

17.00

Break Even Point (BEP):

25.00

TCI :

Cost of Project: Rs10817 lakhs

Cost of Project :

1081700000

Fast Colour Base
Fast Colour Base

The Fast Colour Bases are very widely used in Textile Industry. Dyeing with Naphthols Fast Bases are more economical even compared to Reactive Dyes. M...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Silver Nitrate
Silver Nitrate

Silver nitrate is an inorganic compound with chemical formula AgNO3. This compound is a versatile precursor to many other silver compounds, such as th...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Dyes & Dye Intermediates
Dyes & Dye Intermediates

Dyes are used to impart colors to a substance or surface. Dye intermediates are raw materials used to manufacture dyes. Dye intermediates comprise pet...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Welding Brass Rod
Welding Brass Rod

Brass Rods are used to production the force components. Such as pins, rivets, washers, nuts, pipe, pressure gauge, screen, radiator parts. The materia...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Monosodium glutamate (MSG)
Monosodium glutamate (MSG)

Monosodium glutamate (MSG, also known as sodium glutamate) is the sodium salt of glutamic acid, one of the most abundant naturally occurring non-essen...

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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