Kerala Advantage

Strong MSME Sector

  • As a part of Year of Enterprise campaign, 3,00,227 enterprises established in 2.5 years creating 6,38,322 jobs and attracting ₹19,446.26 crore in investments (Data updated up to November 1st, 2024). Latest details of Year of Enterprise campaign are available in public domain Link
  • More than 1 lakh enterprises by women are created through this unique campaign.
  • Many novel policies like Loans up to ₹10 lakh at 4% interest for MSMEs, MSME Clinics to support ailing MSMEs, MSME insurance scheme, Kerala Brand to promote Marketing, Statuary Grievance Redressal Mechanism to solve grievances are created to strengthen MSME sector. Details are available in the link www.industry.kerala.gov.in
  • A unique project named Mission 1000 is conceived to scale up 1000 MSMEs to an average turnover of 100 cr. Till date, 256 MSMEs are selected to be part of this program. Updates regarding Mission 1000 scheme are available in the link Link
  • With many novel policy initiatives, programs and schemes, Kerala offers one of the most vibrant MSME ecosystems in the country.

Other Advantages