Invest Kerala | Ease Of Doing Business

Ease Of Doing Business (EODB)

In the heart of God's Own Country, Kerala, we, the state government, have taken pioneering steps to create an environment that embraces businesses with open arms. We've meticulously sculpted the Ease of Doing Business landscape, propelling the state into a hub of entrepreneurial opportunity. Here, we delve into some of the groundbreaking initiatives that make Kerala a paradise for the business-minded.

Kerala stands out as a beacon for ease of doing business with its streamlined processes, investor-friendly policies, and a robust support system. The state's commitment to fostering a conducive business environment is evident through initiatives that simplify procedures, encourage innovation, and prioritize the success of entrepreneurs. With a focus on transparency and efficiency, Kerala beckons businesses to flourish in a welcoming ecosystem that values growth and development.

Kerala

Simplified Licensing Procedures

Investments up to Rs 50 Crores, not under the red category, don't need prior state government licenses. Utilize this exemption for the initial three years; acquire necessary licenses within six months afterward.
Single Window Clearance Mechanism ensures hassle-free licensing at various levels.
The K-SWIFT online platform streamlines mandatory clearances for business setup in the State.
K-CIS replaces manual inspections with synchronized computerized inspections, enhancing transparency.
The amended MSME Facilitation Act grants 5-year validity licenses to Non-red and Non-MSMEs.
An Investment Facilitation Bureau, led by the Principal Secretary (Industries), issues licenses within 7 days after document.

On the national front we align with the Government of India's initiatives, such as the Business Reforms Action Plan, aimed at reducing regulatory burdens. The PM Gati Shakthi National Master Plan propels infrastructure development, while Logistics Ease Across Different States (LEADS) ensures smoother interstate commerce. The Export Preparedness Index (EPI) and the Cost of Doing Business are all in harmony with our vision for a thriving business ecosystem.In this realm of lush landscapes and cultural richness, our forward-thinking policies are like the spices that flavor our entrepreneurial stew, creating a business environment that's nothing short of delightful for visionaries and risk-takers alike.

Kerala has achieved one among the top 5 ranks in the India Skills Report 2018, and the state government has ensured that Kerala has specific focus on skill development initiatives for different industry domains. Kerala is now transforming itself as an emerging destination for setting up enterprises and doing business.

Investment Facilitation

We don't stop there. We've established an Investment Facilitation Cell, the KSIDC Invest Cell, with a 'customer-first' philosophy to expedite approvals for enterprises.
Our commitment to transparency and accessibility extends to a dedicated toll-free service, 1800-890-1030, catering to all investment-related inquiries.

Law Reform

Decriminalization in 38 various Acts.
Amend 12 existing Acts, 12 Rules, enactment of 3 Acts, pertaining to 13 various departments.
Constituted an Internal Mechanism to track policy changes suggested by various Stakeholders.

Our Key Initiatives

Kerala is the only state in India to have all its districts covered under industrial corridor projects. best manufacturing and investment destinations in the world.

Kerala Single Window Clearance

Kerala Single Window Interface for Fast and Transparent Clearance (KSWIFT)

Investor Facilitation Agency

Established investor Facilitation Cell with a customer – first philosophy

Govt of India Initiatives

Alignment with Govt of India initiatives for reducing regulatory burdens

Simplified Licensing Procedures

Simplified procedures to support growing businesses

Law Reforms

Decriminalized age old policies and mechanism to track policy changes

Toll Free Number

Hassle free support with adequate customer support measures