Kerala has been recognized as the best entrepreneurial state in the country by the Central Government. The ‘Entrepreneurial Year’ scheme launched by the state Industries Department has been hailed as the best practice scheme in the country in the small- and medium-sized enterprise sector. This is a great achievement for Kerala, which has now been nationally recognized for its strong industrial sector. The scheme was launched with the aim of starting one lakh enterprises in the state, and within eight months, more than 100,000 enterprises had been started. This is an impressive feat, and it is clear that Kerala is a great place to do business. With an investment of Rs 6282 crore, the scheme has created 2,20,500 jobs, making it a great success.