BusinessLineJul 26, 2022"Kerala to reach 1.5 lakh MSMEs by end of current fiscal: Minister Rajeeve"As many as 42,300 micro, small and medium enterprises (MSMEs) got registered in Kerala during the first quarter of the current financial year, prompting the government to re-estimate its target from 1 lakh to 1.5 lakh MSMEs by the end of 2022-23, said Minister for Law, Industries and Coir P Rajeev.Kerala had only 17,300 MSMEs registered in the whole the last financial year, he said after inaugurating a new facility of Innovator at Infopark Phase 2 SEZ in Kakkanad.“We are a State with the fragile Western Ghats on one side and a coast with regulations zone act on the other. In between, we have eco-sensitive zones. This implies we can go only vertically. The government encourages industrial projects requiring less land,” he noted while addressing the employees of the 2005-founded software firm.Read more at Business Line
As many as 42,300 micro, small and medium enterprises (MSMEs) got registered in Kerala during the first quarter of the current financial year, prompting the government to re-estimate its target from 1 lakh to 1.5 lakh MSMEs by the end of 2022-23, said Minister for Law, Industries and Coir P Rajeev.Kerala had only 17,300 MSMEs registered in the whole the last financial year, he said after inaugurating a new facility of Innovator at Infopark Phase 2 SEZ in Kakkanad.“We are a State with the fragile Western Ghats on one side and a coast with regulations zone act on the other. In between, we have eco-sensitive zones. This implies we can go only vertically. The government encourages industrial projects requiring less land,” he noted while addressing the employees of the 2005-founded software firm.Read more at Business Line