Last Updated: July 31, 2015
Latest update: July, 2015
Last Updated: July, 2015
KERALA State Report | March, 2015
Kerala is known as God's own country. The state is located along the coastline to the extreme southwest of the Indian peninsula, flanked by the Arabian Sea on the west and the mountains of the Western Ghats on the east. The state has a coastline of 580 km.
At current prices, Kerala's gross state domestic product (GSDP) was about US$ 64.3 billion in 2012-13. The state's GSDP recorded at a CAGR of 14.4 per cent between 2004-05 and 2012-13. The state's per capita GSDP was US$ 1,841 during 2012-13 compared with US$ 810 during 2004-05.
Kerala is one of the few states to have marketed its natural beauty successfully to the leisure tourism sector. The state's unique heritage and cultural diversity have helped attract tourists from the world over. It is a leading agricultural state in the country and the largest producer of rubber, pepper, coconut and coir. In 2011-12, the state contributed 87.3 per cent and 79.1 per cent to India's total rubber and pepper production, respectively.
Kerala has a wide range of fiscal and policy incentives for businesses under the Industrial and Commercial Policy and has well-drafted sector-specific policies. The Kerala Tourism Policy 2012 has been drafted to create an environment for investment and to market Kerala as a visible global brand in domestic and international markets.