KERALA'S ECONOMIC RENAISSANCE: A VISION FOR INCLUSIVE GROWTH

My vision extends beyond policy frameworks—it calls for a fundamental reimagining of how we support women entrepreneurs. We must create an ecosystem that addresses their unique challenges, from access to capital, to mentorship networks. By collaborating with major financial institutions, we can develop specialised funding programmes for women-led startups.

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Shri Nandakumar has recently assumed the chairmanship of the Federation of Indian Chambers of Commerce & Industry (FICCI), Kerala State Council. In this article, he shares his vision for inclusive development in Kerala, with the FICCI playing a pivotal role in driving economic transformation

Standing at the crossroads of tradition and progress, Kerala presents a compelling paradox. Our state, with its rich entrepreneurial heritage rooted in ancient maritime trade, now faces a defining moment in its economic evolution. As I take on this leadership role at the FICCI, I see both immense potential and pressing challenges that demand urgent attention.

The spice-laden ships that once graced our coastline were more than mere vessels of commercethey symbolised Kerala's pioneering spirit. Today, that same spirit manifests in our diverse economic landscape, from cutting-edge IT parks to world-class healthcare facilities. Yet beneath this veneer of progress lies an untapped reservoir of potential, particularly among women entrepreneurs.

Despite having India's highest female literacy rate, Kerala has a relatively low representation of women in business. This disparity is not just a gender issue but an economic imperative we can no longer afford to overlook. The success of Kudumbashree, a community network of women entrepreneurs, has demonstrated the transformative power of women's economic participation.