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Foreign Direct Investment (FDI) in Kerala

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Overview

Foreign Direct Investment (FDI) in Kerala

Factfile

Why Invest in Kerala

  • Tourism Hub: A leading destination for medical tourism, eco-tourism, and leisure travel.
  • Services Sector: Strong presence in education, healthcare, and information technology.
  • Sustainable Development: Focus on renewable energy, green technologies, and sustainable industries.
  • Government Support: Proactive industrial policies and incentives to boost investment in diverse sectors.

Incentives & Schemes

  • Tourism Promotion: Special incentives for investments in tourism infrastructure and services.
  • Industrial Investment Policy:: Fiscal incentives for manufacturing, especially in electronics and food processing.
  • Renewable Energy: Focus on solar energy and waste-to-energy projects for sustainable growth.

Key Economic Data: Kerala

Category Details
Capital Thiruvananthapuram
GSDP (2023–24) ₹12.96 lakh crore
Growth Rate 8.2%
Per Capita Income ₹2,65,586
Top Sectors Services, Tourism, Healthcare
FDI Share in India 2.3%
Top FDI Sources Top FDI Sources
Cumulative FDI (FY2024) ₹3,500 crore (Q1)
Policy Impact Focus on sustainability, tourism, and services
Recent FDI ₹1,000 crore (2020–21)

Latest Insights

  • Kerala attracted ₹3,500 crore in cumulative FDI by Q1 FY2024.
  • Tourism continues to be a major economic driver, with a strong focus on eco-tourism.
  • Government initiatives are bolstering sectors like healthcare, renewable energy, and infrastructure development.