EDP Notes

It aims to achieve a tremendous growth of industries in our state. The vision of the
government is to convert Kerala into an investment friendly destination and to achieve constantly
high economic growth with specific thrust to social objectives, without adversely affecting ecology
and environment and to create employment opportunities for the people in Kerala and ensuring
them fair wages.
OBJECTIVES
1) To convert Kerala into a favored destination for manufacturing, agro processing, health
services and knowledge based industries and services.
2) To enable growth, revival and diversification of state level public enterprises.
3) To strengthen and modernization of traditional industries.
4) To accelerate the fast growing services and commerce sector.
5) To develop Kerala as a global centre of excellence with state of the art education and skill
sets and preparing a pool of multi skilled, technically competent individuals and
organizations.
6) To sustain industrial and economic growth by facilitating accelerated flow of investment.
7) To create additional employment of 5 lakh persons in the manufacturing and service
sectors.
STRATEGY
 To develop Industrial infrastructure facilities in various locations of the state through
KSIDC, KINFRA, DIC, SIDCO and private sector.
 To move towards a low tax, high growth regime.
 To exploit mineral wealth of Kerala in a scientific manner through Public Sector Enterprise.
 To attract Foreign Direct Investment with specific criteria.
 To improve investment climate through investment protection, decentralization, facilitation
and by creating more growth opportunities.
 To promote local entrepreneurship through institutional mechanism and mass participation.
 To help facilitate establishment of specialized skill development institutions at key locations

suitable for manufacturing, knowledge based industries.
 To restructure and retain potentially viable State Level Public Enterprise (SLPEs).

 To encourage Industrial Corridors/ Cluster Development in potential locations.
 To work in coordination with chamber of commerce/ industry associations and other trade
bodies to have continuous feedback on the state of industries and commerce and the support
measures required.