kerala News

Kerala’s Startup Ecosystem Soars with 20% Annual Growth, Outpacing Global Trends

Thiruvananthapuram: Kerala’s startup landscape is on a meteoric rise, growing at an impressive 20% annually and powering over 3,500 ventures, as revealed by a recent Startup Genome report. This remarkable surge cements the state’s position as one of Asia’s most dynamic innovation hubs, driven by strong government backing, world-class incubation infrastructure, and strategic investments in emerging technologies. The Global Startup Ecosystem Report 2024 further highlights Kerala’s dominance, with ecosystem value skyrocketing by 254% between July 2021 and December 2023—far surpassing the global average of 46%. Home to over 6,500 registered startups and more than 530 Innovation & Entrepreneurship Centres across colleges, Kerala is fostering inclusive growth, tapping talent from both urban and rural regions. With deep-tech sectors like AI, big data, robotics, and life sciences in focus, and cutting-edge infrastructure from super fab labs to digital science parks, Kerala offers unparalleled opportunities for entrepreneurs and investors seeking innovation with impact.

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