What is the main business in Kerala?

Kerala’s economic progress is above the national average, with numerous major corporations and manufacturing plants being headquartered in Kerala. Kerala is mainly involved in the production of pepper, natural rubber, tea, cashew, spices, coffee, coconut. All its agriculture production is sent across the country.

What are the features of Kerala economy?

The following are the features of the predominantly agrarian economy of Kerala: Kerala is a major producer of cash crops like coconuts, rubber, tea, coffee, pepper, cardamom, cashew, areca nut, nutmeg, ginger, cinnamon, and cloves. Coconuts bring the people their principal source of earning in agriculture.

What is the main source of income of Kerala?

The primary sector of the state is mainly based upon Cash crops. Kerala produces a significant amount of national output of the cash crops such as Coconut, Tea, Coffee, pepper, Natural rubber, Cardamom, and Cashew in India.

Which is the poor district in Kerala?

The highest deprivation rate is seen in Palakkad (42.33 per cent) followed by Thiruvananthapuram (38.36 per cent) and Wayanad (36.33 per cent) districts. And the lowest deprivation rate is seen in Ernakulam (20.30 per cent), Kottayam (23.02 per cent) and Kannur (24.25 per cent) districts.

Why Kerala has no industry?

Because – as Arun Mohan said – Industries are not suitable for Kerala. Large scale factory production is highly polluting and is getting rapidly automated. It will not generate many jobs and educated Keralites are not really looking for blue collar jobs within the state.

Which is the major product of Kerala?

Explanation: Kerala tops in spices and rubber production.

Why Kerala is the best state for tourism?

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. BBC Travel survey has rated Kerala as the top favorite tourist destination among foreign travelers.

Is Kerala’s per capita income 60\% higher than the average of India?

Kerala, accounts for 2.8\% of India’s population, but its economy contributes nearly 4\% to the Indian economy. Thus, the southern state’s per capita income is 60\% higher than India’s average.

What is the current economic condition of Kerala?

Economically, Kerala is the 7th largest state in India. Its GDP has been rising post 1991 at around 8\% when national average was around 4\%. Post 1998 it had seen double digit growth with the contribution from techological services.

What is Kerala doing to attract global companies to the state?

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 In FY21, the total marine products exports from Kerala accounted for US$ 511.52 million, which was 15\% of the total exports.