Adani Group to Invest Rs 300 Bn in Kerala Over the Next Five Years
Adani Group has announced a significant investment of Rs 300 Billion in Kerala over the next five years, reinforcing its commitment to infrastructure development and economic growth in the state. The investment will focus on expanding key projects, including the Vizhinjam port, Thiruvananthapuram airport, a logistics and e-commerce hub in Kochi, and increased cement manufacturing capacity.
Speaking at the Invest Kerala Global Summit, Adani Ports & SEZ Ltd Managing Director Karan Adani confirmed the group’s ambitious plans, stating that Rs 200 billion will be committed towards additional developments in the state. This is in addition to the Rs 50 billion already invested in the Vizhinjam port, which is poised to become a key maritime gateway for India.
A major highlight of the investment strategy includes the expansion of Thiruvananthapuram International Airport. The airport’s current capacity of 4.5 million passengers per annum will be significantly upgraded to accommodate 12 million passengers per annum, requiring an investment of Rs 55 billion. This development aims to enhance Kerala’s connectivity and cater to the increasing passenger traffic, both domestic and international.
Further strengthening Kerala’s industrial landscape, the Adani Group will establish a state-of-the-art logistics and e-commerce hub in Kochi. This initiative is expected to boost trade, improve supply chain efficiencies, and attract businesses to the region. Additionally, the group plans to scale up its cement manufacturing capacity in Kochi, reinforcing its presence in the construction materials sector.
The two-day Invest Kerala Global Summit has attracted approximately 3,000 participants, highlighting the state’s growing appeal as an investment destination. The Adani Group’s substantial financial commitment aligns with Kerala’s vision of fostering economic development and creating new employment opportunities.
By investing in critical infrastructure, logistics, and industrial expansion, the Adani Group is set to play a pivotal role in Kerala’s long-term economic growth, ensuring enhanced connectivity, increased trade, and greater industrial capacity in the years to come.
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