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KNOW INDIA

INDIAN STATE : KERALA

Fact File

Geographical Area 0.39 (Lakh Sq Km)
Capital Thiruvananthapuram
Population (2011) (fig. in persons) 3,33,87,677
Literacy Rate 93.91

Source: Central Statistical Organisation

Advantage Kerala

  • Bounty of natural resources
    • Rich fertile soil
    • Temperate climate
    • Rich marine life
    • Large reserves of mineral deposits and beach sands containing the riches concentration of zircon, monazite, sillinmanite
  • Most advance state in terms of literacy, education and health
  • Strategically located state on the trans- National trade corridor
  • Well connected infrastructure in terms of:
    • Three international airports at Thiruvananthaturam, Kozhikode, and Cochin
    • International sea port with container cargo handling facility at Cochin
    • Well integrated road and rail network
  • Human resource advantage
    • Highest density of science and technology personnel in India
    • Lowest employee attrition rate in the country - <5%
    • Ongoing training for ITES HR pool
  • The cost advantage
    • A fully burdened cost of just $8 per hour when compared to the global average of $15
    • Salaries-1/5th of the international average
    • Operational costs less than 50% when compared to the other major IT Parks
    • Rentals lower by more than 60%
    • Power and water tariff among the lowest in the country
  • Communication advantage
    • 100 per cent of 988 telephone exchanges are digital
    • 98 per cent of telephone exchanges connected by OFC to the National Internet Backbone (NIB).
    • Malappuram - First wifi district in the country
    • VSNL's primary international gateway in India is in Kochi and this gateway handles around two third of the country's data traffic
  • Proactive government policies and pro enterprise incentives
  • Simple and transparent procedures for investment
  • Services sector accounts to close to two thirds of the Kerala economy

Thrust Areas

Mineral and Clay based products

  • Presence of substantial quantities of silica, quartz, china clay, graphite, granite
    Agriculture and Horticulture Produce
  • Coconut
  • Rubber
  • Herbals
  • Black pepper
  • Cardamom
  • Cashew nut

Traditional Industries

  • Coir
  • Cashew
  • Handicrafts
  • Tobacco
  • Spices and Spice extracts

Tourism

  • Ayurvedic Centres
  • Eco-tourism
  • Adventure-tourism
  • Boat houses
  • Amusement and water parks
  • Handicrafts emporia
  • Food courts and restaurants
  • Beach resorts

Auto Components

  • Emergence of a number of auto giants such as Ford and Hyundai at Chennai
  • Good scope for the establishment of ancillary units.
    Marine Products
  • Modern fishing harbour at Thengaithittu, Pondicherry. and also at Karukalacheri, Karaikal in the pipeline.
  • Large untapped potential for processing units.
  • Good scope in shrimp culture and crab farming

Agro Processing

  • Sought after destination for Agro Food processing
  • Scope for floriculture ventures like cut flowers and for cultivating medicinal and aromatic plants.
  • Good potential for Guava pulp and processing units.

 

 

 
 
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