About this scheme
Kerala MSME Industrial Policy 2024 — capital subsidy up to 35% (women-led units), interest subsidy 5%, electricity duty exemption, KSIDC industrial corridor land at concessional rates.
What you get
- Capital subsidy 20-35% (highest for women + traditional crafts)
- Interest subsidy 5% for 5 years
- Electricity duty exemption 5 years
- Stamp duty 100% exemption
- KSIDC industrial corridor priority land
- Kerala Startup Mission convergence for tech startups
Who qualifies
New MSME units in Kerala. Higher benefits for women, SC/ST, Mahila Coir, traditional crafts, and IT/ITeS units.
All industries qualify (no NIC restriction).
Business types
ProprietorshipsPartnershipsPrivate LimitedLLPsOne Person Companies
States
KL
How to apply
- 1Register on Kerala MSME portal
- 2Submit Udyam + DPR
- 3District Industries Centre approval
- 4Commission unit + annual claims
Key terms and conditions
- 5-year operational lock-in
- Annual employment + production declaration
- Mandatory Kerala employment 60%+
What disqualifies you
- Existing relocations from other states excluded
- Service-only outside IT/ITeS limited eligibility
Documents typically required
- Udyam
- Kerala MSME portal
- DPR
- Kerala land
The content above is compiled from public information published by the scheme authority. Eligibility, benefits, and procedures are subject to change. Confirm details directly with the official portal before applying. BharatSeal does not process scheme applications.