Earlier quoted context omitted.
Yep. I lived there for the first two decades, and outside Kerala for the next two and a bit. The only thing Kerala exports is the workforce, since it's impossible to start anything in Kerala thanks to politics and high costs. I know because I've tried. Kerala had historical ties with the Middle East thanks in part to a substantial Muslim population, and the migrant labour force was able to funnel some of Middle Easte…
You aren’t keeping up then. Remittances is a much smaller % of economy these days.
I don't have numbers for the last ten years, but if remittance has gone down, it is also neck deep in debt. I am in Kerala quite frequently, and can confirm that there are no industries there - except for tourism, and some IT which is relatively miniscule compared to neighbouring states.