How do tourism and information technology contribute to Keralam’s economy?

In the economy of Keralam, tourism and information technology have emerged as key sectors that contribute significantly to the state’s revenue.12

While the state’s economy has traditionally relied on agriculture, forestry, fishing, and manufacturing, these newer service-oriented industries play an increasingly vital role in its financial landscape. Alongside remittances from Malayali workers abroad, these sectors help diversify the state's economic base, which also includes significant contributions from banking and finance.12

Despite the growth of these modern industries, Keralam continues to face challenges regarding unemployment, particularly among its highly educated population.1