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Introduction

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Kerala is one of the most popular tourist destinations in the world. Agriculture continues to be the dominant source of livelihood in the state.

With an investment of US$ 769.6 million, the state has the third highest number of small-scale industries in India, employing over a million people. A majority of the state’s small-scale industries are agro-based and are engaged in rubber, food, coir and cashew processing.

The growth in tourism and the IT sectors has enabled the services sector of the economy to record a growth rate of 10 per cent per annum. The state has emerged as an attractive destination for services sector in the country. Revenues from the IT sector totalled US$ 82 million with exports amounting to US$ 65 million.

Advantage Kerala

  • Lowest population growth rate at 9.4 per cent against the national average of 21.3 per cent.

  • Largest producer of coconut, pepper, coir, cocoa, rubber and areca nut in the country.

  • The first state in the country to install public telephones in its census villages.

  • Third highest per capita consumption of domestic electricity at 145.6 kWh against the national average of 75.2 kWh (1999-00).

  • Kochi (Cochin) International Airport Ltd, India’s first private airport was inaugurated in June 1999. Was accorded international airport status in 2000.

 

Content Source: www.ibef.org

 
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