Kerala Retains Top Achiever Status in EoDB Rankings 2024

Kerala has reaffirmed its strong reform trajectory by securing the Top Achiever position in the national Ease of Doing Business (EoDB) rankings for 2024. The rankings, released under the Business Reforms Action Plan of the Department for Promotion of Industry and Internal Trade, reflect significant advancements in governance, transparency, and investor facilitation across the State.

Strong Performance in Fast Movers Category

Kerala topped the “Fast Movers” category with an impressive 99.1 per cent reform implementation score, a sharp rise from 91 per cent in the previous year. The recognition highlights the State’s consistent efforts to enhance its regulatory environment and streamline business processes for investors and enterprises.

Recognition at Udyog Samagam 2025

The achievement was formally announced during the Udyog Samagam 2025 event in New Delhi. The award was presented by the Union Commerce and Industry Minister to Kerala’s Industries Minister. The ceremony marked Kerala’s continued prominence in national reform evaluations and demonstrated its ability to sustain momentum in economic governance.

Reform-Driven Growth Backed by Investor Feedback

The EoDB framework allocates 70 per cent weightage to investor feedback and 30 per cent to reform completion, underscoring the impact experienced directly by businesses. Kerala’s progress reflects coordinated action across twenty-two government departments and agencies, led by the State’s industrial development corporation. These reforms include simplified procedures, reduced compliance burden, and enhanced service delivery.

Exam Oriented Facts

• Kerala achieved a 99.1% reform score in EoDB 2024.
• Ranked Top Achiever in the “Fast Movers” category.
• EoDB scoring includes 70% investor feedback and 30% reform completion.
• Twenty-two State departments coordinated the reform initiatives.

Impact on Investment Climate

Kerala’s improved rankings bolster its appeal as a hub for technology-led and innovation-driven investments. Policy reforms have reinforced transparency and accountability, strengthening investor confidence and fostering inclusive industrial growth. The State’s business environment now serves as a model for streamlined governance and sustainable economic development.