Explore Kerala's Economic Growth via Tenders

Dive into Kerala's economic projects and tender opportunities with TenderX. Start exploring today!

Parth Arya2 min read

Kerala is transforming from an agrarian economy to a market economy, contributing 4.11% to India’s GDP. With per capita income 50% higher than the national average, Kerala's economic landscape is thriving. Let's explore the major sectors driving this growth and how you can leverage eTender Kerala through TenderX, a premier tender search platform.

Economic Drivers in Kerala

Service Sector

The services industry is a significant contributor, accounting for 63.66% of Kerala's GSDP. This sector includes tourism, ayurveda, IT, transport, education, and more. Notably, human resource services are a major foreign exchange earner.

Manufacturing Sector

Manufacturing contributes 24.27% to Kerala's GSDP. Key industries include food processing, marine products, ayurvedic medicines, coir, and rubber-based projects.

Agriculture and Exports

Kerala is a leading producer of pepper and natural rubber, with significant exports in jewellery, spices, and cashews. Agricultural exports are a crucial revenue source.

Mineral Resources

Kerala possesses rich mineral resources like heavy mineral sands, gold, and bauxite, supporting a range of processing industries.

Electronic Industry

Kerala's ICT sector is rapidly growing. With the first high-speed rural broadband in Idukki and 100% Gram Panchayat connectivity, the state is a hub for electronic industry achievements.

Major Projects and Tender Opportunities

Kochi Metro Phase 2

The Kochi Metro Phase 2 project, estimated at ₹2000 cr, is set for completion by 2028. Stay updated with project details via TenderX.

Vizhinjam International Sea-Port

This ₹7500 cr project near Thiruvananthapuram aims to boost Kerala's shipping and trade infrastructure.

Coastal Highway Project

A 623 km greenfield highway connecting Thiruvananthapuram to Kasaragod, valued at ₹6500 cr, is in the final planning stages.

Ernakulam Railway Station Redevelopment

With a ₹300 cr budget, this redevelopment will modernize the station with new facilities.

Mumbai-Kanyakumari Economic Corridor

Spanning 1600 km, with 644 km in Kerala, this corridor will enhance regional connectivity and economic development.

How to Access eTender Kerala with TenderX

TenderX offers a seamless eTender Kerala online submission process. Our advanced tender search features help you find relevant opportunities effortlessly. Use filters for authority names, locations, and more to streamline your search.

Visit TenderX to explore Kerala government tender opportunities and stay informed on Kerala economic development projects 2023.

Call to Action

Ready to explore tender opportunities in Kerala? Visit TenderX now and start your journey with our easy-to-use platform.