The state of Kerala has formulated a new policy to accelerate its industrial growth and create more employment opportunities. This policy builds upon the previous policy from 2018, incorporating changes that align with the current times. With a focus on high-priority industries in the “sunrise” category, the policy aims to provide financial incentives and support to foster their development. Kerala’s exceptional achievements in education, healthcare, and quality of life have contributed to its economic prosperity. The state has invested in value-added industries such as chemicals, refined petroleum products, natural rubber, electronic products, pharmaceuticals, spices, and food processing, increasing its market share in these sectors.