Kerala Business Report
Kerala Business Report
Executive Summary:
Due to the current financial landscape, we have decided to halt immediate project activities
in Kerala. The planned initiatives for the region are being paused, though preliminary
groundwork, networking, and exploratory research have been conducted. This report
outlines our activities, consultations, and preparation steps taken for each initiative. The
objective is to establish a foundation for these potential services once economic conditions
improve.
Project Overview:
Our Kerala initiatives span several service areas, including travel, construction, back-office
support, and collaborations. Each initiative is aimed at expanding our business portfolio,
leveraging local partnerships, and preparing infrastructure for future projects.
Objective: To explore potential for local and international travel and tour services, with a
focus on Kerala’s market.
Progress: Meetings were held with industry contacts to gain insights into market needs,
regulations, and customer expectations.
2. Umrah Services:
Objective: To acquire a Public Works Department (PWD) license from Andathode Arcade to
enable us to bid on public infrastructure projects.
Progress: Purchased necessary Mudra papers and prepared the required documentation.
The PWD license will expand our capability in government contracting.
6. Architectural Collaborations:
Objective: To establish a network of architects for future construction and design projects.
Progress: Conducted meetings with Mr. Mohanan and two other architects. These
discussions have opened avenues for potential collaborations on larger projects in Kerala.
7. Back Office Services:
Summary of Challenges:
The current financial environment presents challenges in terms of funding and immediate
feasibility. Establishing these services requires capital and market stability, both of which
are presently affected by economic conditions. Thus, a pause is prudent to avoid financial
overreach.
Next Steps:
Monitor Financial Climate: Regularly assess the Kerala market’s economic conditions to
determine the right time for launching each initiative.
Continue Networking: Maintain connections with contacts across all sectors to ensure
readiness once the financial scenario improves.
Prepare Documentation: Ensure all required documentation (such as the PWD license
and operational permits) are complete and up-to-date.
Recruitment Preparation: Finalize hiring plans for back-office staff and travel job roles
to streamline onboarding when services commence.
Conclusion:
The groundwork completed in Kerala serves as a foundation for future projects. Our
consultations, initial investments, and networking efforts have positioned us well to enter
these markets once the financial scenario becomes favorable. Our adaptability to current
conditions will ensure we are prepared to move forward with minimal delays when the
opportunity arises.