An MSME Development and Facilitation Office under the Ministry of MSME, covering many districts from a state capital.
Palakkad has 23,351 manufacturing MSMEs. The district's manufacturing gross value added per worker is ₹1,70,705, better than the typical district. The MSME Development and Facilitation Office supports this manufacturing base directly.
74% of registered enterprises are in services while 26% are in manufacturing. Only 5% of employment is in small and medium enterprises. 91% of school-age children are enrolled in higher secondary school (classes 9–12).
In Palakkad, which ranks 13 of 15 in Kerala for youth opportunity, the overall opportunity score is 53.7 out of 100. It runs ahead of the national picture on employment in small and medium enterprises at 5.2%. The district has 67,352 registered service enterprises.