Industrial Policy
The Industrial Policy aims to foster a conducive and sustainable industrial ecosystem that brings about investment and innovation. Industrial policy has to align with industry engagements at the National and Global level.
Industrial Policy
- The main objectives of the policy
- To nurture the entrepreneurial talent of unemployed educated youth & women
- To create innovative infrastructure to cater to futuristic industries
- To encourage businesses to adopt the best ESG practices
- To create sector-focused infrastructure and clusters
- 7 Policy Focus Pillars
- Fostering Entrepreneurship: To build a robust entrepreneurial ecosystem in the state and to make Kerala a thriving start-up destination in India. To create innovative infrastructure to cater to futuristic industries.
- Enabling Infrastructure: Access to world-class industrial and support infrastructure in the State.To strengthen logistics infrastructure to achieve multifold growth in exports. To maximize private investments in industrial infrastructure development.
- Being Hi-Tech:To upgrade traditional industries by infusing new technologies into their production methods. To create an industry 4.0 complaint industry ecosystem. To enable easy access to e-commerce platforms.
- Skillset upgradation for futuristic jobs:To enhance industry-ready skill sets and create ample opportunities for better jobs. To attract industry players from emerging sectors. To create an environment to work, live and play.
- Building Sectoral ecosystems: To create sector-focused infrastructure and clusters. Fostering the growth of Sunrise, traditional and Mature Sectors. To enable sectoral partnerships between government and industry to increase sector-led investments to the state.
- ESG Complaint: Sustainable outcome that drives value, fuels growth at the same time strengthens environment and societies
- Enhancing Kerala Brand Equity: To build global linkage to foster foreign investments and exports. To attract large capital investments in innovative and high-potential businesses. To promote the manufacturing capabilities of Kerala and its world-class quality products, services and skilled manpower
Please click the below link to view/ download the Draft Kerala Industrial & Commercial Policy 2022.