Over 50,000 Enterprises registered in 145 days as part of One Lakh Enterprises Initiative

Hon’ble Minister for Industries, Law and Coir announced on 26th August the milestone achievement of registering 50,000 new enterprises in Kerala as part of the One Lakh Enterprises initiative of the Government. The Financial Year 2022-23 has been declared as the Year of Enterprises. The Industries Department has undertaken a slew of activities for promoting new enterprises in the State and as part of this, 1153 professionals are appointed in all local bodies to identify and handhold aspiring entrepreneurs in starting the enterprises by availing the services offered by various government departments, agencies, PSUs and banks.

The achievement of registering 50,000 new enterprises was achieved in a remarkable timeframe of 145 days.Investment worth Rs. 2970 Crores and 1,10,185 new jobs have been created in the State as a result.Malappuram tops the list in the number of units (5743) followed by Ernakulam (5282).More than 4000 units have registered in Thiruvananthapuram, Palakkad, Kollam, Thrissur and Kozhikode districts. Kasaragod, Wayanad and Idukki districts combined have registrations over 4000 units and created more than 8000 jobs.

One third of the newly formed enterprises (16038 units) are promoted by women entrepreneurs. 2300 new enterprises promoted by SC/ST entrepreneurs are also among the 50,000.

The top sectors in which new enterprises have formed are as follows:

Sl. No. Top sectors New enterprises Investment (Rs. Crore) Jobs created
1 Agro & Food processing 7,500 400 19,500
2 Garments & Textiles 5,800 250 12,000
3 Electrical & Electronics 2,100 120 3,900
4 Service activities 4,300 270 9,900
5 Trade Activities 17,000 980 32,000

In the loan, license, subsidy campaigns that are taking place at local body levels as part of the initiative, loan applications worth Rs. 9 Crore and 1326 license applications have been approved. Number of subsidy application processes has crossed 850.


Draft Export Policy- Suggestions/ remarks invited

The draft Export policy of the State has been prepared and published below.
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Workshop on ONDC

A workshop for familiarising  Open Network for Digital Commerce was organised at Hotel  Residency Tower , Thiruvananthapuram at 10:30 AM on 21st July 2022. The workshop was inaugurated by the Hon. Chief Secretary of Kerala Dr. V. P. Joy IAS. The Principal Secretary for Industries Mr. Suman Billa IAS presided over the inaugural session.
Open Network for Digital Commerce (ONDC) is an initiative aiming at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks. ONDC is to be based on open-sourced methodology, using open specifications and open network protocols independent of any specific platform.
The workshop was led by Mr. Thampy Koshy, Chief Executive Officer, ONDC, Mr. Shireesh Joshi, Chief Business Officer ONDC and Dhruv Mangal, Network Expansion, ONDC. The working of the ONDC network was explained in detail and the working of the network was demonstrated. The participants were given the  opportunity to interact with the ONDC team and their partners. The workshop was attended by public and private entities with e-commerce platforms attended the workshop.

Half Day Workshop on SIDBI Cluster Development Fund

An in-principle approval for Rs 250 Crore has been obtained  under the SIDBI Cluster Development Fund for various industrial infrastructure development activities in Kerala , undertaken by the Directorate of Industries and Commerce. A half day workshop was conducted on 18th July 2022 at 11:30 AM at Mascot Hotel , Thiruvananthapuram  for ensuring better convergence between SIDBI and the various agencies under the aegis of the Industries Department involved in infrastructure activities in the state. Mr. Suman Billa IAS , Principal Secretary for Industries , delivered the keynote address.


The workshop was led by Mr. K.V. Karthikeyan , Deputy General Manager, SIDBI and Ms Smriti Bajpai , Manager , SIDBI . They presented about various schemes and Cluster Development initiatives of SIDBI. The workshop was attended by officials from the Directorate of Industries and Commerce, KSIDC , KINFRA, KBIP , KIED, RIAB etc. Various agencies have concurred upon submitting proposals designing their infrastructure projects in compliance with the requirements of SIDBI to utilize the funds effectively.


State placed well in the Central Ranking

Thus the attempts of our industries department became fructified. We are comfortably placed in the aspirer rank by the DPIIT (Department for Promotion of Industry and Internal Trade) under the Union Ministry for Industries and Commerce. It has scientifically categorized the total industrial scenario of Indian Union as top achievers, achievers, aspirer and emerging business eco systems. In 2019 our scoring was 28. Through strenuous efforts we have overtaken other states and reached 15th position now. Our total scoring in the opinion poll conducted among the emerging entrepreneurs in 75.49% undoubtedly says that it is a thrilling moment. From this inspiring evaluation let us try to sprint towards more heights.