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Private industrial parks will change Kerala’s business fortunes: Minister P Rajeev

The state government aims to provide a range of supportive measures for units operating in private industrial parks.

September 02, 2023 / 18:17 IST
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The National Deep Tech Startup Policy stated that measures such as leveraging public procurement for startups have been proactively implemented by states like Kerala. (Representative image)
The National Deep Tech Startup Policy stated that measures such as leveraging public procurement for startups have been proactively implemented by states like Kerala. (Representative image)

Kerala isn’t a state that’s known for its industrial or startup ecosystem prowess, Recently, however, the Central government lauded Kerala's proactive approach towards startups. The National Deep Tech Startup Policy stated that measures such as leveraging public procurement for startups have been proactively implemented by states like Kerala.

Later this year, Kerala’s first private industrial park is likely to be inaugurated in Palakkad district.

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In an exclusive interview with Moneycontrol, Kerala’s minister for industries P Rajeev talked about the state government’s plans to support small and medium enterprises, help startups innovate, create jobs and encourage industrial growth. Edited excerpts:

Q: Industry is confident that private industrial parks can change the face of industrialisation in Kerala. To what extent will this move yield results?