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About Kerala: Information on Tourism Industry, Agriculture, Economy & Geography

Last updated on Nov, 17 2020

Economic Snapshot
Per capita Income

 

Factfile

  • Capital:Thiruvananthapuram
  • Geographical Area (sq km):38,863
  • State Language:Malayalam, Hindi, English and Tamil
  • Literacy Rate:94.6 per cent
  • Key Industries:Handlooms and power looms, rubber, bamboo, coir, khadi and village, sericulture, seafood and other marine products, cashew, mining, tourism, food processing, spice and spice extracts, IT & electronics

KERALA State Report | September, 2020

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 has attracted tourists from around the world. BBC Travel survey has rated Kerala as the top favorite tourist destination among foreign travelers in 2018.

At current prices, Kerala’s Gross State Domestic Product (GSDP) is estimated at about Rs. 9.78 trillion (US$ 139.94 billion) in 2020-21. The state’s GSDP will increase at a CAGR of 11.72% between 2015-16 and 2020-21. The state’s per capita GSDP stood at Rs. 2,25,484 (US$ 3,226) during 2018-19.

Kerala can be termed as the land of spices considering the large variety of spices grown in the state. Kerala is the largest producer of pepper in India and account for a lion’s share in India’s production. Apart from pepper, other spices produced in the state include ginger, cardamom, nutmeg, tamarind, etc. In 2019-20 (till December 19), spices export from the state stood at US$ 315.57 million.

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.

As of August 2020, the state had a total installed power generation capacity of 5,702.37 MW, of which 2,189.36 MW was accounted by state utilities, 2,081 MW by central utilities and 1432.01 MW by the private sector.

According to Department for Promotion of Industry and Internal Trade (DPIIT), between April 2000 and March 2020, foreign direct investment (FDI) inflow in Kerala, including Lakshadweep, reached US$ 2.94 billion.

Total merchandise export from the state stood at US$ 9.77 billion during 2018-19. During 2019-20 (till December 2019), export stood at US$ 7.80 billion.

Key Sectors:

  • As per the State Budget 2020-21, the government has allocated funds worth Rs. 1,000 crore (US$ 136.43 million) for Idukki package/spice park and organic farming initiatives.
  • During 2018-19*, fruits and vegetable production in the state stood at 1,885.97 thousand metric tonnes (MT) and 3,042.86 thousand MT, respectively. State accounted for about 78% share in the total natural rubber production in 2017-18. Natural Rubber production in Kerala stood at 551 thousand MT during 2017-18.
  • In 2019-20, tea production in Kerala stood at 59.26 million kgs. Tea export from the state stood at US$ 84.95 million during 2019-20 (till December 19).
  • The state has a techno park in Thiruvananthapuram, which has been instrumental in attracting global electronics manufacturers, and has an info park in Kochi and a cyber park in Kozhikode
  • Kerala’s share in the national marine fish production is around 13%. During 2019-20 (till Dec 2019), export of marine products from the state stood at US$ 558.26 million.

 

NOTE: * - As per 3rd Advance Estimates

Factfile

  • Capital:Thiruvananthapuram
  • Geographical Area (sq km):38,863
  • State Language:Malayalam, Hindi, English and Tamil
  • Literacy Rate:94.6 per cent
  • Key Industries:Handlooms and power looms, rubber, bamboo, coir, khadi and village, sericulture, seafood and other marine products, cashew, mining, tourism, food processing, spice and spice extracts, IT & electronics
Kerala Map

Kerala